The Zhong Neng offshore wind project in Taiwan has reached financial close, Copenhagen Offshore Partners said Wednesday.The process for reaching financial close on the Zhong Neng project started 14 months ago and the large-scale offshore wind project will now be financed through CI IV…
Romanian OMV Petrom could postpone a final investment decision over its Black Sea deep water gas project until 2023 if lawmakers do not amend an offshore law by the end of this year as agreed, its chief executive said on Wednesday.OMV Petrom…
Abu Dhabi National Oil Company (ADNOC) has awarded Technip Energies a contract to update the Front-End Engineering Design (FEED) for the Ghasha mega project including accelerating the integration of carbon capture into the development.This project…
Norwegian offshore vessel owner Solstad Offshore has secured long-term contracts with Santos for two of its offshore vessels in Australia.The AHTS Far Senator and PSV Far Seeker have been awarded a contract by Santos in support of its drilling activities…
Marine services and towage firm KOTUG Canada Inc., a partnership between KOTUG International and Canada’s Horizon Maritime Inc., has won a long-term agreement with Trans Mountain, operator of Canada’s only oil pipeline servicing the West Coast…
Australia's Alinta Energy said on Tuesday it is considering building a A$4 billion ($2.8 billion) offshore wind farm to supply Alcoa Inc's (AA.N) Portland aluminum smelter and the country's east coast grid.The project is at a very early stage…
U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.The White House said…
Norwegian oil and gas firm Equinor has agreed to buy all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves.The Statfjord area is developed through three integrated production platforms (Statfjord A…
HitecVision-backed Norwegian oil firm Sval Energi has signed an agreement with Spirit Energy to acquire the majority of Spirit Energy’s Norwegian operations and assets in a transaction valued at $1,026 million.According to Sval Energi, the transaction…
Australia's Woodside Petroleum Ltd plans to invest $5 billion by 2030 mainly in hydrogen, in line with a global push for cleaner energy, armed with cash flow from its planned merger with BHP Group's petroleum arm.Woodside Chief Executive Meg O'Neill outlined her energy transition plan on Wednesday…
Norwegian energy firm Equinor on Tuesday announced the opening of the New York offshore wind project office, located in Sunset Park’s Industry City neighborhood near the South Brooklyn Marine Terminal.The project office will serve as the hub…
UK-based designer and manufacturer of electronic-scanning radars and surveillance solutions Blighter Surveillance System has said it has won a contract to provide its C400 series onshore and offshore installation security radars to protect a…
Offshore construction and installation company McDermott has secured three new deals with Saudi oil giant Saudi Aramco.The contracts are for engineering, procurement, construction, and installation (EPCI) projects in Saudi waters.'In total,…
Scotland could become a world leader in producing low-carbon concrete foundations for floating offshore wind farms, a study funded by renewable energy giant RWE has found.According to RWE, the study identified potential business opportunities…
U.S. oil major Chevron said Monday its Angolan affiliate Cabinda Gulf Oil Company Limited (CABGOC) had secured an extension of the Block 0 concession, offshore Cabinda province, in Angola.The agreement extends the concession for 20 years, through 2050…
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