Oil and gas giant Shell has agreed to farm into the CAN 100 block, offshore Argentina, currently jointly owned by the Norwegian energy firm Equinor and Argentina's YPF.In October 2019, Equinor farmed into the YPF CAN 100 block and agreed to take over the operatorship…
Wave energy converter developer Bombora has entered into an agreement with Japan's Mitsui O.S.K. Lines (MOL) to identify wave energy potential in Japan and across the region.MOL has recently said it has completed a detailed internal technical review of Bombora’s mWave wave energy converter…
Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…
Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…
Six consortia have pre-qualified to take part in the tender for Denmark's largest offshore wind farm Thor, the Danish Energy Agency said Thursday.Thor will have a capacity of 800-1000 MW when it is fully installed and connected to the grid, which is expected to happen by 2027…
Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the integration of its onshore and offshore operations.This follows the Danish company's October announcement that it would…
Norway's BW Energy has increased its stake in the Kudu License offshore Namibia from 56% to 95%, following the signing of a farm-in and carry agreement with the National Petroleum Corporation of Namibia (NAMCOR). NAMCOR will retain the remaining 5% working interest…
French oil giant Total and its partner Apache said Thursday they'd made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous offshore discoveries in the Block at Maka Central…
Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260…
Nigeria's senate president said that despite forces 'working desperately' to derail a long-delayed oil overhaul bill, lawmakers will push the bill through the national assembly.The measure, 20 years in the making, underpins everything from oil exploration to gas pipelines and fuel regulation…
Ørsted warned a return to more normal wind speeds this year would hit operating earnings after the world's biggest offshore wind farm developer raised its profit forecast for 2020.The Danish company said on Tuesday it now expected operating profit of about 18 billion Danish crowns ($2…
Shell's Malaysian subsidiary Sarawak Shell Berhad has extended the contract with Malaysian offshore vessel owner Dayang Enterprise for the use of the Dayang Opal accommodation workboat.The value of the contract is based on work orders issued…
The UK Oil and Gas Authority said Wednesday to would take a 'blended approach' when it comes to the companies' compliance with oil and gas license timelines, in the wake of the pandemic.The regulator had back in March 2020 said it would seek…
The Government of Canada has this week approved three offshore drilling projects in the Atlantic Ocean, planned by BHP, Equinor, and Chevron, respectively.'The projects will allow the proponents to determine the presence, nature, and quantities…
Former Shell director Andy Brown will become CEO at Portuguese oil and energy company Galp Energia from Feb. 19, the company said, with boss Carlos Gomes da Silva leaving two years before the end of his mandate.The decision was agreed upon by Gomes da Silva and board chair Paula Amorim…
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