The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday rig report by Baker Hughes.
Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Business Venture Fund with the participation of Innoport and TechNexus.
In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ
U.S. oil major Chevron booked a smaller profit in the first quarter of 2021 compared to the same period last year because of ongoing downstream margin and volume effects resulting from the pandemic and the impacts of winter storm Uri.
U.S. supermajor ExxonMobil booked a quarterly profit due to benefits of higher commodity prices and structural cost reductions.
Italian oil and gas company Eni booked a net profit of over $1 billion in the first quarter of the year due to a strengthened upstream price environment.
A liquefied natural gas (LNG) terminal, which will cost €40 million, is being built in a public port in Bratislava, Slovakia.
Navantia has completed the construction of the first jacket foundation for the French Saint-Brieuc offshore wind farm at its shipyard in Fene, Spain. The completion of the first jacket follows the reception of the first batch of components manufactured at the French port of Brest. The components hav
Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to
With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach $810 billion (approx. €670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energ
SolarDuck, a Dutch renewable energy start-up, has launched its first floating solar energy project at IJzendoorn in the Netherlands.
French major Total reported a jump in profit for the first quarter of 2021, benefiting from the rising oil and gas prices.
Brazilian oil and gas company Enauta has come to an agreement with Dommo Energia regarding all of the ongoing legal proceedings pertaining to the Atlanta Field offshore Brazil.
U.S. LNG export project developer Venture Global LNG has partnered up with construction firm Zachry Group in the development of the Plaquemines LNG export project in Louisiana.
