MHI Vestas Japan, a joint venture between Japan's Mitsubishi Heavy Industries, and Danish wind turbine maker Vestas Wind Systems started operations on Monday.The newly established joint venture is aimed at strengthening the two partners' collaboration in the field of renewable energies…
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…
Oil major Shell has this week signed an agreement to join a floating wind project in the Celtic Sea, offshore Ireland.The agreement, signed with Irish developer Simply Blue Energy, will see Shell acquire a 51% share of their Simply Blue Energy Kinsale venture…
Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil.Its geologists, engineers and scientists have been cut to less than 100 from a peak of more than 700 a few years ago…
North Sea-focused oil company NEO Energy has entered into exclusive talks with ExxonMobil to buy the U.S. oil giant's UK North Sea assets.NEO, backed by Norwegian private equity investor HitecVision, said Thursday that if the talks are successful…
Brazilian oil company PetroRio has received regulatory approval to acquire a 30% stake in the Frade oil field in the Campos Basin offshore Brazil from Petrobras.The company expects that the procedures for the assignment of 30% interest to PetroRio will be completed in the upcoming days…
The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…
Australia’s Woodside Energy sees the liquefied natural gas (LNG) market tightening this year, with demand growing especially in Asia, after prices were battered by a supply glut in 2020, its chief executive said on Thursday.LNG supply in 2021 will be partly tighter as Woodside…
The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline to take Russian natural gas to Europe, as the Trump administration sought to raise pressure on the project on its last full day in office…
Two liquefied natural gas (LNG) tankers that had initially signaled they would load at Royal Dutch Shell's Prelude floating LNG facility in Australia have diverted elsewhere, ship-tracking data showed on Tuesday.This comes just a week after…
The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday…
London-listed oil firm EnQuest has completed the acquisition from Equinor of a 40.8125% interest in the Bressay oil field development on the UK continental shelf. It has also become the operator of the project.As a result, EnQuest has a 40.81%…
Australian oil and gas company FAR has executed the sale agreement with Woodside for its interest in the Senegal RSSD Project to Australia's Woodside.FAR had agreed to sell its Senegal interests, containing the Sangomar development, to India's ONGC Videsh in November 2020…
Danish offshore wind farm vessel provider Ziton has secured a contract for the Wind Enterprise jack-up vessel with the wind turbine maker Siemens Gamesa.According to Ziton's statement on Tuesday, Siemens Gamesa has, through a tender, selected…
TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria.TMC will deliver…
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