China aims to produce 1% more crude oil this year than in 2019 and to boost natural gas output by 4.3%, official targets showed on Monday, as the country seeks to safeguard energy security even after a coronavirus-driven collapse in oil prices…
Offshore wind developer Innogy has chosen giant 14 megawatt (MW) offshore wind turbines for its flagship 1.4 gigawatt (GW) Sofia Offshore Wind Farm, located 195 kilometers from the UK coast on Dogger Bank in the shallow area of the central North Sea…
UK-based Offshore Renewable Energy (ORE) Catapult said Monday that ten of the world’s leading offshore energy organizations have joined it Floating Offshore Wind Centre of Excellence (FOWCoE) to drive forward the development of next-generation offshore wind technologies…
Partners in Mozambique LNG, the $20 billion gas project led by Total, have received a $2.25 billion guarantee from the government that it will pay the state oil company's equity share if required, Portugal's Lusa news agency said.Carlos Zacarias…
Tidal energy company SIMEC Atlantis Energy (Atlantis) has said that the Prefecture de la Manche in France has approved the transfer of the lease to develop a 12MW tidal power project in Raz Blanchard from ENGIE to Normandie Hydroliennes. Normandie…
Nord Stream 2 (NS2), the company for building a transport link for Russian gas into Germany under the Baltic Sea, on Friday said a departing top manager had already been replaced, allowing progress of the project.Earlier, the consortium confirmed…
Norwegian oil and gas company Equinor has received regulatory approval to drill a pilot hole in the North Sea offshore Norway.The Petroleum Safety Authority Norway said Friday it had given its consent to Equinor for exploration drilling (pilot…
Canadian oil and gas company Husky Energy last week accidentally spilled 1098 liters of an anti-microbial agent from its SeaRose FPSO, located in the Atlantic Ocean, 350 kilometers to the southeast of St. John’s. The incident happened on Thursday morning…
Belgian offshore contractor DEME has installed the first offshore wind turbine generator at the Seamade offshore wind project in Belgium.SeaMade is a 487,2 MW offshore wind concession in the Belgian North Sea. Once complete, it will be Belgium's largest offshore wind farm…
Japanese power generator JERA said on Monday it has agreed with France's state-owned investment firm ADEME Investissement and French floating wind technology supplier Ideol on key terms for forming a joint venture to develop floating offshore wind farms…
Exxon Mobil Corp has restored crude output at its nascent project off Guyana's coast after addressing problems with gas reinjection equipment, the South American country's environmental regulator said on Friday.Output at the offshore Liza field…
China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions, marking China's first gas imports of this kind, said the Shanghai Oil and Gas Exchange.CNOOC…
Brazilian state-run oil firm Petrobras has kicked off a sale process for its Atum, Curima, Espada and Xareu offshore oilfields, the company said on Friday.In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said the shallow-water fields produce 4…
Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices.'We anticipate approximately 400 roles across nine countries to be impacted by these proposals…
Industrial services provider Altrad has won a contract with Rosetti Marino to assist with the hook-up and commissioning of Premier Oil's Tolmount offshore gas platform in the Southern North Sea, offshore the UK.Under the contract, Altrad will be responsible for the provision of temporary access…
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