INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…
Coatings manufacturer Hempel has completed the acquisition of Wattyl Australia and New Zealand, increasing its footprint in Australia and New Zealand.On 18 February 2021, Hempel A/S signed an agreement to acquire leading paint and coatings manufacturer…
Oil and gas company Tullow Oil has completed the sale of its assets in Equatorial Guinea to Panoro Energy, from which it had earlier on Wednesday received a payment of $88.8 million.The transaction also includes contingent cash payments of up…
Energy giant Shell has taken over full control over the Egmond aan Zee offshore wind farm in the Netherlands, buying out Vattenfall from the NoordzeeWind joint venture.Offshore wind farm Egmond aan Zee started operating in 2007, supplying electricity to more than 100…
The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects.The…
India's Mangalore Refinery and Petrochemicals Ltd has bought its first-ever cargo of Brazilian Tupi crude oil in a tender, two industry sources said on Monday.The 1-million-barrel cargo was sold by Royal Dutch Shell for May delivery, he added…
Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded…
Sweden's Lundin Energy, a partner in Norway's giant Johan Sverdrup oilfield, said on Thursday it expected the field's production capacity and its reserve estimates to grow in the future.Production capacity from 2.2 billion to 3.2 billion barrels of oil equivalent (boe) field…
Britain's Crown Estate said on Wednesday it would start work on producing a new leasing round for commercial-scale floating wind power projects in the Celtic Sea.Floating wind farms are an emerging technology with far higher costs than plants fixed to the seabed…
Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has entered into bareboat charter and future sale agreements for two of its AHTS vessels with the Brazilian subsea services company OceanPact.Under the charter, DDW Offshore - formerly known as DOF Deepwater…
Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge.The deal, first announced in December 2020, sees HitecVision-backed Sval acquiring ten production licenses on the Norwegian continental shelf…
DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the 'Owner’s Engineer' for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore…
The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast in a vessel chartered by trading firm Trafigura, data from Refinitiv Eikon showed on Tuesday…
German offshore vessel operator Opus Marine has acquired two WINDFLEX-27 Crew Transfer Vessels built by Penguin Shipyard, a unit of Singapore-based Penguin International Limited. Incat Crowther, the vessel designer, said that the two vessels…
Offshore energy industry services provider Aqueos has acquired the Sea Scout, a U.S.-built multi-purpose service vessel, targeting renewable industry prospects in the U.S.'The vessel is a specialty built, high speed, shallow draft catamaran…
Subscribe
