Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
Norway has recorded a high level of exploration activity in the first half of 2022, which has led to six discoveries so far.
Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has drafted a plan for four aid programs totaling €200 million, designed to boost investment in pilot projects, test platforms, and port infrastructure for marine renewable energy.
The Nord Stream 1 pipeline has resumed gas transmission from Russia to Europe after ten days of being shut down due to annual maintenance works. Both lines of the gas pipeline system were shut down on 11 July for routine maintenance works, including testing of mechanical elements and automation syst
While Norway recorded a slight increase in gas production in June 2022, the oil output fell yet again behind the NPD’s predictions.
Japan’s energy player Inpex has signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, the location of the Ichthys LNG project’s gas liquefaction plant.
Ocean Sun has signed an agreement to license its proprietary floating solar technology to developer Sunneng Technology for the construction of a 0.5MWp offshore floating solar pilot connected to a wind turbine in Haiyang, China.
UK government’s Department for Bussiness, Energy & Industrial Strategy announces the appointment of Jane Toogood as the country’s first ‘Hydrogen Champion’.
The Norwegian offshore safety regulator followed up an audit of Equinor’s platform in the North Sea with an order to the operator.
Equinor has secured a permit from the country’s authorities to drill two wells in the North Sea off Norway, using one of Transocean’s rigs.
One of the leading tidal energy experts in UK, Jeremy Smith from the Scottish company QED Naval, has urged the UK government to give the tidal sector dramatically more financial support in order to improve the resilience of the country’s clean energy systems.
Afentra plc has inked a deal with Croatia’s INA-Industrija Nafte to acquire the latter’s interests in two blocks offshore Angola.
French tech company for PEM electrolysis Elogen said that its project has been selected by the European Commission as part of the Hydrogen IPCEI (Important Project of Common European Interest).
