UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea. However, the company has experienced mechanical challenges during drilling operations, which resulted in an extended duration. As a result, the first gas from IOG’s Core project has b
The UK-based dry bulk shipping company Taylor Maritime Investments is looking to acquire up to six Handysize vessels as it plans to raise $75 million via a proposed non pre-emptive placing of new ordinary shares.
U.S.-based wave energy company Oscilla Power has launched a crowdfunding campaign to support its planned wave energy project in India.
U.S. energy infrastructure company Kinder Morgan will buy U.S. LNG supplier Kinetrex Energy for $310 million.
OPEC and allies have agreed to increase oil production starting from August 2021 with plans to end production cuts by end of September 2022.
Norwegian natural gas supplier Gasnor has signed an LNG supply deal with German oil and gas company Wintershall Dea.
Andrew Swiger has decided to retire as senior vice president of ExxonMobil while Kathryn Mikells has been elected as senior VP and CFO.
Saipem’s pipelay vessel Castorone has laid more than 100 kilometers of the offshore pipeline for the Baltic Pipe project in the Baltic Sea. The 275-kilometer long Baltic Pipe will create a new corridor supplying gas from Norway to the markets in Poland, Denmark and also neighboring countries. Castor
Activists have occupied a UK government building as part of a protest against the approval of Siccar Point’s Cambo offshore project.
German renewable energy company BayWa r.e. and its Dutch subsidiary GroenLeven have recently commissioned two floating solar parks in the Netherlands with a combined capacity of more than 70MW.
Finnish shipping company ESL Shipping, compatriot steel producer SSAB and the Port of Oxelösund have started a virtual arrival trial in the Luleå-Oxelösund traffic after the first couple of arrivals have resulted in reductions in consumption and CO2 emissions.
Petrofac has collaborated with James Fisher Asset Information Services to eliminate the need for offshore surveys ahead of modifications.
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is inviting public comments for Santos’ proposed 3D seismic survey in the Bonaparte Basin. Santos is proposing to undertake a 3D seismic marine survey over petroleum permit areas WA-454-P, WA-545-P, WA-27
To reduce emissions, the Canadian goverment will invest up to $35 million for projects led by the British Columbia Center for Innovation and Clean Energy.
