Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.The newly formed company will streamline crude oil…
Van Oord and Ecowende have signed a contract for the design, construction and installation of tree reefs and oyster hubs at Ecowende’s Hollandse Kust West wind farm (HKW, site VI) in the North Sea.According to Van Oord, this is the first time…
ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…
BP has started production from the second development phase of the Raven field offshore Egypt, the global oil company said on Sunday.BP said in a statement that the new wells are set to produce approximately 220 billion cubic feet of gas and 7 million barrels of condensate…
Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port, a commercial port on the South Coast of England, to jointly advance offshore wind development off Dorset coast in English Channel…
RWE has set out plans to offer a system-stabilizing secondary reserve, also known as automatic frequency restoration reserve, for the German power grid via its Amrumbank West offshore wind farm.The transmission system operator TenneT recently…