Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.
Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.
ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.
Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.
Mitsubishi Heavy Industries (MHI) has commenced the operation of a test module of the solid oxide electrolysis cell (SOEC) at Takasago Hydrogen Park.
Sintana Energy is entering a new license offshore Namibia, thanks to a deal with Crown Energy for the acquisition of a stake in Giraffe Energy.
Afentra plc has received the Angolan government’s blessing for its acquisition of additional interest in two blocks off the coast of Angola.
Trident Energy has expanded its footprint on Africa’s oil and gas scene by inking strategic agreements with Chevron and TotalEnergies.
Everfuel has announced a delay in the commissioning of HySynergy 1, its 20 MW green hydrogen production plant in Fredericia, Denmark.
With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.
Heritage Petroleum Company Limited (Heritage) has brought on stream a new oil well off the coast of Trinidad and Tobago.
The government of the Canadian province of Alberta has announced $57 million in innovation funding for 28 projects to boost hydrogen industry.
Plagazi has revealed that the European Investment Bank (EIB) will provide financial advisory for the Köping Hydrogen Park in Sweden.
A conflict-turned opportunity is what many are calling the potential blockage of Hormuz. It is a delicate dance between investor opportunity and world crisis for the second time in two years.
