Mitsui & Co. and China’s Golden Concord Group have entered into a memorandum of understanding to cooperate on electric vehicles (EV), liquefied natural gas (LNG) and energy conservation business.
Norway’s Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland. BHP Billiton was also awarded two licenses.
Russia’s largest independent natural gas producer and LNG export player, Novatek has won a new exploration license on the Gydan peninsula. Novatek-Yurkharovneftegas, a unit of Novatek, won the auction for geological survey, exploration and production license for the South-Leskinskiy subsoil license
North Sea countries share many of the same challenges and opportunities when it comes to the offshore industry.
Norway’s offshore vessel owner Solstad Offshore has said that the OSV market recovery is slow and the dayrates for the vessels are still not at sustainable levels for the owners.
US LNG Export project developer, Tellurian, continued making strides forward with its Driftwood LNG project expecting to name project partners soon.
The Norwegian authorities have given the green light for Shell’s proposed sale of the licenses containing the Draugen and Gjøa field in the North Sea to OKEA.
The Norwegian Maritime Authority proposes even stricter environmental regulations in the world heritage fjords.
Hydrogen is seen as an important factor in energy transition and tackling the climate change challenges and meeting Paris goals.
French energy company Engie saw its revenue edge 1 percent up on an organic basis, driven by a sharp increase in renewable power generation and by the introduction of gas storage regulation in France.
Sempra Energy’s units Infraestructura Energetica Nova (IEnova) and Sempra LNG & Midstream have signed deals for the full export capacity of Phase 1 of the Energia Costa Azul LNG located in Baja California, Mexico.
Four crew members of an unnamed Singapore-flagged tug/supply vessel were kidnapped off Congo.
French liquefied natural gas containment system specialist, GTT, said it has received a new order for LNG carrier tank design.
Wood and Nobel Oil have entered into a joint venture (JV) agreement to provide engineering and operations support services to the oil and gas market in Azerbaijan.
