Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has emerged from the Chapter 11 process.
Repsol has moved into the hook-up phase of the Yme development project located offshore Norway following the installation of a jack-up rig on the field.
Indonesian authorities have approved the first plan of development (POD) for the Kali Berau field development located in the Sakakemang block managed by Repsol.
The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) gave the development consent to the Hornsea Project Three offshore wind farm on 31 December 2020. Ørsted submitted the development consent order (DCO) application for the 2.4 GW project to the UK Planning Inspectorate on 1
Australian-based company Wave Swell Energy (WSE) has made significant progress on the construction of its wave energy device that will be deployed off Tasmania early in 2021.
Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless of higher oil and gas prices and improved chemical margins.
Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production assets to Viaro Energy
Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the company that controls the group’s hydrocarbon exploration and production activities in Norway, to Sval Energi.
German shipbuilder Meyer Werft is preparing for the post-COVID-19 future as it is working on a range of new eco-friendly technological solutions for cruise ships.
Brazilian oil major Petrobras has decided to transfer its commercial activities from London to the Port of Rotterdam in the Netherlands.
The Kitty Hawk offshore wind farm can be expected to deliver substantial economic growth and employment to Virginia and North Carolina, according to the project’s economic impact study (EIS), with nearly 1,000 jobs to be created once the wind farm is operational. Along with the USD 2 billion in econ
UK-based marine energy company HydroWing is looking to expand its team with the addition of new electrical design engineer that will work on the development of the company’s tidal energy device.
Oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30 per cent shareholding in Energean Israel, resulting in Energean owning a 100 per cent stake in the company.
Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.
