Norwegian oil and gas giant Equinor saw a massive increase in its quarterly net loss amid market turmoil caused by the coronavirus crisis.
Offshore Wind Consultants (OWC) and Polish environmental consulting company Ambiens have signed a memorandum of understanding (MOU) to cooperate on offshore wind developments in Poland. OWC, a subsidiary of AqualisBraemar LOC, is supporting projects that are already in development in Poland, but als
Thailand’s PTT Exploration & Production (PTTEP) has made a gas discovery from the Lang Lebah-2 appraisal well off the coast of Sarawak, Malaysia.
Mitsubishi Heavy Industries invested in C-Zero, a U.S. hard tech startup that will push the production of hydrogen and ammonia and avoid producing CO2.
LLOG Exploration Offshore and Italian oil major Eni have signed an infrastructure agreement for subsea infrastructure in the deepwater Gulf of Mexico.
The U.S. Department of Energy has announced 10 winners in the ADAPT stage of the Waves to Water Prize, a competition focused on using the power of waves to develop clean energy-powered desalination technologies to help provide potable water to communities in need.
ADNOC has signed an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Japan’s Cosmo Energy.
Despite the negative effects of COVID-19, South Korea’s national flagship carrier HMM closed 2020 with a significant earnings boost. The shipping company reported an operating profit of $831.1 million in 2020, against a loss of $254 million in 2019. The result recorded in 2020 represents HMM’s highe
Oil and gas company MOL Norge has drilled a dry well located at Mandal High in the southern North Sea offshore Norway.
Magseis Fairfield has won a contract for a deep-water ocean bottom node baseline 3D survey offshore Angola for an undisclosed energy major. According to the Oslo-listed company, the project should start in Q2 2021 and run for approximately three months. “Our ocean bottom node technology has delivere
Tullow Oil has signed two separate sale and purchase agreements with Panoro Energy for its assets in Equatorial Guinea and the Dussafu asset in Gabon.
Italian contractor Saipem has hit a company milestone and made progress on the construction of the Nong Fab LNG regasification plant in Thailand.
Oil and gas company Apache Corporation has appointed a new member to the company’s board of directors.
The Dutch Minister of Economic Affairs and Climate Policy, Bas van ‘t Wout, has published a roadmap for floating solar energy, outlining the opportunities and risks associated with this growing industry in the Netherlands.
