Medco Energi has completed drilling operations on the West Belut-1 appraisal well, located offshore Indonesia, and confirmed hydrocarbon resources.
CEO of Vår Energi is leaving her role in the company to lead another Norwegian oil and gas company, the state-owned Petoro.
The shipping industry has to have an open mind and look at a wide range of solutions to decarbonize, avoiding the risk of focusing on a single pathway, Bud Darr, Executive Vice President, Maritime Policy and Government Affairs of MSC Group, said. Darr was one of the panelists of the Leadership Insig
McDermott has been selected by BHP to perform the pre-FEED extension phase for a floating production unit for the Trion field offshore Mexico.
Amazon has signed a ten-year corporate power purchase agreement with Ørsted to offtake the output of 250 MW from Ørsted’s planned 900 MW Borkum Riffgrund 3 offshore wind farm in Germany. This CPPA will contribute to Amazon’s target of being 100 per cent renewable by 2030 as part of the company’s goa
Angolan arm of French oil major Total has awarded a maintenance contract to energy storage equipment manufacturer and service provider Norco Group for work on several floating production, storage, and offloading facilities (FPSOs).
The world is on track to run out of sufficient oil supplies to meet its needs through 2050 unless exploration speeds up, Rystad Energy reveals.
Leading Japanese shipbuilders are joining forces in an initiative aimed at integrating accumulated expertise to design and build state-of-the-art ships compliant with the ever more stringent environmental regulations. The organization, named Planning and Design Center for Greener Ships, includes nin
Norway-headquartered Ocean Installer has changed its name to Havfram, saying that the move reflects the company’s increased commitment to offshore wind. “The solid revenues derived from our oil and gas projects, as well as our broad project and engineering expertise, are now being utilised to create
Several clean energy executives have left from oil major Shell over a disagreement on how far and fast the company should move towards greener energy.
Environmental activists have raised concerns with a Bahamas court related to Bahamas Petroleum Company’s plans to drill the Perseverance #1 offshore well.
TFG Marine, a joint venture bunker company, launched by Trafigura, Frontline Ltd, and Golden Ocean Holdings earlier this year, is planning to transition to lower carbon fuels as it marks rapid business growth. The JV was announced back in 2019, with Golden Ocean and Frontline acquiring 10 percent an
Kosmos Energy has closed the transaction with Shell to farm down interests in Suriname, Sao Tome & Principe, and Namibia.
With the first lockdowns in place in March 2020, the Internet and social media were buzzing with posts and images of empty cities, and in some cities, even wild animals were pictured roaming the streets as if nature was reclaiming the world from humanity. As governments across the globe shut down th
