Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating Canada’s third-largest oil and gas player.
Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 on its share of the White Rose asset and West White Rose.
The Australian energy company, Santos, operator of the Bayu-Undan joint venture, has made the final investment decision for the Bayu-Undan infill program.
U.S. offshore engineering and construction services provider McDermott has completed the raising of around $560 million in new capital.
i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.
South Korea’s shipbuilding giant Hyundai Heavy Industries Holdings (HHIH) expects to complete the acquisition of smaller rival Daewoo Shipbuilding & Marine Engineering (DSME) by the end of the first half of 2021.
Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.
The Energy Regulatory Commission (ERC) of the Philippines has denied the petition filed by the National Renewable Energy Board (NREB) for Feed-in-Tariff (FIT) for electricity generated from ocean energy resources.
Clean energy technology start-up Exowave has secured funding from the Danish government to advance the project that combines wave energy extraction with desalination and hydrogen production.
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline (TAP). First gas reached Greece, Bulgaria as well as Italy via the Melendugno interconnection point.
Croatia’s first liquefied natural gas (LNG) import facility has started commercial operations on January 1, right on schedule.
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.
FPSO operator BW Offshore has been awarded a contract extension for its Abo FPSO from Eni for operations on a field located offshore Nigeria.
An international consortium led by Total and EGAS have signed an exploration and production agreement a block located offshore Egypt
