The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.
Westwood has warned that delays, cancellations, and under-delivery pose a significant risk, which could derail Britain’s 2030 targets.
A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) has found that South Korea is rapidly developing liquefied natural gas (LNG) import and storage terminals, presenting a high risk of overinvestment and overcapacity. According to IEEFA estimates, the country’s LNG indu
ConocoPhillips has submitted an environment plan for several seabed surveys and a multi-well exploration drilling program off the coast of Australia.
Beach Energy has submitted a revised environment plan for subsea installation and commissioning activities off the coast of Australia.
BP has hired Well-Safe Solutions on a long-term global master agreement for well engineering and decommissioning support services.
Woodside has submitted a revised environment plan for drilling, subsea tie-back, and production activities off the coast of Australia to boost hydrocarbon production.
Woodside has received a stamp of approval for an environment plan (EP), covering decommissioning, and dismantling activities at a field off the coast of Australia.
Three hybrid interconnector projects in the North Sea and Baltic Sea are among the proposed cross-border energy infrastructure projects, which underpin the EU’s climate and net zero drive.
Equinor is in the process of exiting Nigeria, thanks to a deal with Chappal Energies to sell its Nigerian business, which entails a stake in a Chevron-operated oil field.
Ashtead Technology is augmenting its global offering by acquiring the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million (almost $67.7 million) on a cash and debt free basis.
Baron Oil has reached the first of three steps in securing environmental approvals for the drilling and testing of an appraisal well at a block offshore Timor-Leste.
Equinor has received consent to use one of Transocean’s semi-submersible rigs on two fields located in the North Sea and Norwegian Sea, respectively.
Harbour Energy has secured a drilling permit to spud a wildcat well in the North Sea, using one of Noble Corporation’s jack-up rigs.
