Petrobras, on behalf of the Tupi field consortium, has extended charter and service agreements for the floating production storage and offloading (FPSO) unit Cidade de Angra dos Reis, announcing also the upgrades to the vessel.The amendments…
Equinor has awarded pre-FEED study contracts to BW Offshore and Altera Infrastructure for the Bay du Nord floating production storage and offloading (FPSO) vessel, planned for deployment offshore Canada.The Bay du Nord project consists of several oil discoveries in the Flemish Pass basin…
Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025.The listing is in line with the company’s previously expressed…
The Offshore Wind Growth Partnership (OWGP) has launched a new $2.45 million Development Grant competition and announced a combined $3.7 million in funding awarded to 12 companies from their 2024 funding calls.OWGP’s Development Grant program aims to support UK supply chain companies to scale up…
U.S. spot natural gas and power prices soared to multi-year highs in several parts of the country with extreme cold expected to boost gas demand to a daily record high on Tuesday.Extreme weather has created havoc for power and gas markets in recent years as demand has come close to outpacing supply…
Malaysian state energy firm Petroliam Nasional Berhad (Petronas) will retain its national authority over oil and gas even as Petroleum Sarawak Berhad (Petros) takes control of gas distribution in Sarawak state, Prime Minister Anwar Ibrahim said…
Petrobras has signed a protocol of intent Companhia Siderúrgica Nacional (CSN) and CSN Inova Soluções, marking a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Brazilian state of Paraná…
Copenhagen Infrastructure Partners (CIP) has signed a power purchase agreement with Google, which will source 250 MW of wind power generated at the Zeevonk project to power its Dutch operations for 15 years.Zeevonk, a joint venture between Vattenfall and CIP…
Despite the massive hype surrounding Power-to-X (PtX), most of the world's announced green hydrogen projects lack financing. The market is deemed far too risky by stakeholders.According to the authors of a study from the University of Copenhagen…
Gasgrid, the Finnish gas TSO, has selected StreamTec Solutions as its owners engineering partner to support development of hydrogen transmission infrastructure projects in the Baltic Sea.These hydrogen transmission infrastructure projects are…
Exxon Mobil said on Wednesday its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030, with a goal of lifting oil and gas output by 18%.The top U.S. oil producer laid out a five-year plan to expand…
A chemical reaction can convert methane and CO2 into valuable building blocks for cleaner fuels and feedstocks, but the high temperature required for the reaction also deactivates the catalyst. A team led by the Department of Energy’s Oak Ridge…
Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, which is the world's largest oil importer, and as investors paused buying ahead of the U.S. Federal Reserve's interest rate decision…
North Sea Transition Authority (NSTA) has issued its first carbon storage permit to Northern Endurance Partnership, consisting of BP, Equinor and TotalEnergies, for the carbon capture and storage (CSS) project off the coast of Teeside. The partners…
Swedish wave energy company CorPower Ocean has partnered with SwitchH2, offshore floating production systems developer for the delivery of green hydrogen and green ammonia, to deliver industrial-scale floating green ammonia production facility partially powered by wave energy…
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