Total outshined all other peers and also was the only major to replace all of the year’s produced resources, according to Rystad Energy.
China’s COSCO Shipping Ports (CSPL) has entered into an agreement with the founding shareholders of Saudi Arabia’s Red Sea Gateway Terminal Limited (RSGT) to acquire a 20 per cent stake in the terminal which is located at Jeddah Islamic Port.
Russia’s largest independent natural gas producer and LNG operator Novatek and Uniper, energy company based in Germany, signed a Memorandum of Understanding to assess the possibilities of developing a hydrogen value chain.
The Rampion offshore wind farm has exceeded its power generation target in 2020 by generating over 1,600 GWh during the year, 15 per cent more than the assumed annual generation of 1,400 GWh. According to the Rampion team, the 400 MW offshore wind farm contributed to Britain’s greenest energy year y
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a well located in the North Sea offshore Norway.
ABB, a power and automation technology specialist, unveiled an emissions monitoring system that will help the maritime industry achieve its decarbonisation targets.
Norwegian energy giant Equinor has decided to write down the value of its Tanzania LNG project on the company’s balance sheet by $982 million.
Ezion Holdings has made plans to sell one of its liftboats for a total of $13 million, which will allow it to repay some of its bank loans.
French contractor Vinci Construction has been awarded a deal to build a 190,000-cbm liquefied natural gas tank for National Grid’s Grain LNG terminal.
Norway-based Magnora has entered into a partnership with an undisclosed company to establish a joint floating wind player called Magnora Floating Wind, which already started working on the application for the ScotWind round in Scotland. The newly established company also plans to participate in the
Norwegian oil company Aker BP has awarded a contract to compatriot shipping company Eidesvik Offshore for one of its platform supply vessels.
Canadian oil and gas company Cenovus Energy expects to have higher production and spending in 2021 following its acquisition of Husky Energy.
South Korea’s SK E&S, part of SK Group, awarded a technical advisory solutions contract for its hydrogen development project in South Korea to US engineering company KBR.
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has selected Corvus Energy to supply the energy storage system (ESS) for the world’s first zero-emission electric tanker.
