JERA has taken steps to boost its liquefied natural gas (LNG) arsenal through a new offtake agreement with NextDecade Corporation, enabling the U.S. player to edge closer to a positive final investment decision (FID) on the fifth train at its LNG export project in Texas, United States.
Aberdeen-based ZOEX Power has secured £531,000 (around $715,000) in funding to support the development of its wave energy converter (WEC) technology. The round includes investment from angel syndicate Equity Gap, alongside backing from the University of Strathclyde and Scottish Enterprise. The inves
EOG Resources Trinidad (EOG) and BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, are getting ready to embark on a multi-well drilling campaign after bringing online a new platform off the coast of Trinidad and Tobago.
UK expert submarine cable and survey services provider A-2-Sea Solutions has been appointed to carry out route surveys for a new HVDC subsea electricity interconnector that will link the Belfast region in Northern Ireland and the Ayrshire region in Scotland. The LirIC interconnector project will hav
The Nigerian subsidiaries of two energy giants, the UK-headquartered Shell and France’s TotalEnergies, have inked an agreement for the latter to divest its stake in a production sharing contract (PSC) offshore Nigeria.
Wave energy developer Eco Wave Power has paid the first installment, 50% of the grid connection fee, for its planned 1 MW wave energy station in Porto, Portugal. The payment was made to E-REDES, the Portuguese electricity distribution system operator. Eco Wave Power also formally accepted the Connec
Noble Corporation has landed a new multi-well drilling assignment in the North Sea with BP, the UK-headquartered energy giant.
Belgian shipowner CMB.TECH and dry bulk shipping company Golden Ocean Group (GOGL) have signed an agreement and plan for a stock-for-stock merger. As disclosed, the transaction, which has been greenlit by Golden Ocean’s Board of Directors and CMB.TECH’s Supervisory Board, will see the former merge w
By putting Australia’s Worley in charge of the final engineering works, Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, is edging closer to a final investment decision (FID) for a liquefied natural gas (LNG) export project in Alaska, as a majority owner and lead developer together with its jo
With the results of a 3D reprocessing project for PSC 19-11 in hand, Perth-based oil and gas exploration player Finder Energy has embarked on the interpretation of the data, focusing on updating mapping of undeveloped oil fields in the Timor Sea off the southeast coast of Timor-Leste to finalize pla
Norway’s BW Offshore is set on expanding its floating production, storage, and offloading (FPSO) fleet by embarking on the acquisition of a 19-year-old FPSO to leverage redeployment opportunities in the offshore oil and gas arena.
Australian energy giant Woodside Energy has welcomed the federal government’s proposed decision to grant environmental approval for the extension of its mega gas project off the coast of Australia. This prolongs the project’s lifetime from 2030 to 2070.
PSW Power & Automation, a subsidiary of Norway-headquartered offshore energy technology and services provider Scana, has secured a contract valued between NOK 75 million (around $7.3 million) and NOK 150 million for an offshore project in Brazil involving the delivery of two E-House modules. Accordi
Sweden’s cleantech company Plagazi has received a €29.5 million grant from the EU Innovation Fund for ‘Gävle Circular Park,’ its flagship project described as a key part of efforts to advance the development of local value chains across several sectors, including hydrogen transport, CO2 transport an
