Commenting on the UK’s High Court ruling on the Norfolk Vanguard offshore wind project, RenewableUK’s Deputy Chief Executive Melanie Onn said that such projects need to go ahead as swiftly as possible in order for the UK to achieve its goal of having 40 GW of offshore wind by 2030. New offshore wind
Brazil’s President Jair Bolsonaro has moved to replace the CEO of Petrobras with a retired army general with no oil and gas experience.
State-run Qatar Petroleum signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Vitol.
DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea.
Temasek-owned Pavilion Energy has signed a six-year LNG supply deal with Chevron.
After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor is planning for the shutdown of the Veslefrikk field.
CNOOC Limited has made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay located offshore China.
After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition.
Dutch subsea and survey specialist Fugro has seen its loss almost doubled in 2020 with revenues down some 12 per cent due to the impact of Covid-19 and the downturn in oil and gas. The company recognised net loss of €74 million in 2020, against net loss of €39.6 million in 2019. Revenue declined in
US LNG export project developer, Tellurian has reduced its debt by $57 million.
Malaysian energy giant Petronas has awarded Block SB405 offshore Malaysia to ConocoPhillips and Petronas Carigali Sdn. Bhd.
The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.
Worley has been awarded a global contract for early-phase engineering services by Chevron, through its Chevron Technical Centre division.
Italian oil and gas company Eni managed to cut its losses in the fourth quarter of 2020 as its production dropped by 11 per cent year-over-year.
