U.S.-headquartered energy giant ExxonMobil has made a new oil discovery at the Stabroek block offshore Guyana.
The European Parliament’s Environment and Industry Committees have voted to extend the scope of the methane emissions regulation.
Japan-headquartered Sumitomo Electric Industries is planning to establish a power cable factory in Scotland which will supply cables for offshore wind farms and grid connections. “Sumitomo Electric has the technologies necessary for the development of a green society and will work with the Scottish
Enauta has restarted production from two wells offshore Brazil while a third well is expected to come on stream after a pump replacement.
Subsea 7 has reported a revenue of $1.2 billion for the first quarter of 2023, a 4 per cent increase compared to the same period last year, stating it is on track to achieve a higher whole-year revenue than in 2022. The revenue increase is said to reflect strong growth of 18 per cent in […]
Neptune Energy has started production from the 11th well at its operated gas field in the UK sector of the North Sea.
Japan’s energy major JERA, through its subsidiary JERA Asia, has signed a memorandum of understanding (MoU) with Summit Corporation, a subsidiary of Summit Power International, a power producer in Bangladesh, to collaborate on the development of LNG supply, storage, and regasification. More specific
Equinor has provided its safety results for the first quarter of 2023, showing no serious accidents and oil and gas leaks on record.
BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Saipem has been awarded a two-year extension by Eni for one of its drillships, which is currently working in the U.S. Gulf of Mexico.
Hellenic Cables has signed an agreement with the Swedish energy company Vattenfall to supply inter-array cables for the Norfolk Offshore Wind Zone in the UK. Under the agreement, the Greek cable manufacturer will provide approximately 850 kilometres of aluminium cables which will be used to connect
Dutch tank storage company Royal Vopak and North American energy infrastructure company AltaGas have announced the execution of definitive agreements for a new 50/50 joint venture (JV) to further evaluate the development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied pet
Xlinks has secured £30 million in funding for the development of what is described as the world’s longest HVDC subsea cable that will link Morocco to the UK. In the early development funding round, £25 million comes from Abu Dhabi National Energy Company PJSC (TAQA) and £5 million from energy techno
Hurricane has advised its shareholders that the terms of the takeover offer, which were received from Prax, are in their best interest.
