Germany’s oil and gas company Wintershall Dea is planning to fully exit Russia, stating that continuing to operate in Russia is “not tenable” and that Russia’s aggression on Ukraine is incompatible with the company’s values. The Supervisory Board approved a principle decision by the Management Board
Norwegian state-owned energy giant Equinor has made a new commercial gas discovery in the Norwegian Sea using an Odfjell Drilling-owned rig.
Germany’s newly founded state-owned company that is in charge of five floating storage and regasification units (FSRUs) chartered for the country’s LNG terminals has started its business operations. On 16 January, Federal Ministry of Economic Affairs and Climate Action (BMWK) said that Deutsche Ener
The UK’s 33rd offshore oil and gas licensing round has attracted a total of 115 bids across 258 blocks and part-blocks from 76 companies.
Quattro Energy has entered into a binding deal to buy a license in the Central North Sea, which includes an existing oil discovery.
OMV has secured a drilling permit from Norway’s authorities for two exploration wells in the Norwegian part of the North Sea.
A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.
South American ferry operator Buquebús is in talks with Australian catamaran builder Incat Tasmania on the possibility of replacing the LNG powerplant with a battery-electric solution on its newbuilding ferry under construction at the yard. Having an overall length of 130 metres, a width of 32 metre
Almost nine in ten major ports globally are exposed to damaging climate hazards, according to new research from the University of Oxford’s Environmental Change Institute (ECI). Being located in hazard-prone areas along the coast and close to rivers, which are exposed to storms and floods, ports will
So far, global net-zero ambitions have not been supported with an actual plan beyond setting expectations by a certain date and the world cannot solve its environmental and climate change problem without being realistic about the solution, according to Saad Sherida Al-Kaabi, the Minister of State fo
Following the decision to extend the lifetime of the field, Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has updated the most likely recoverable oil, contingent gas and natural gas liquid (NGL) resources estimate for the White Rose Field. Canada’s Cenovus Energy, the company b
The UK and UAE have signed a Memorandum of Understanding (MoU) expected to help facilitate the sharing of technical knowledge, advice, skills, and expertise, opening up new avenues for cooperation on energy and climate, while boosting jobs and investment in the UK. UK Business and Energy Secretary G
It is just the second week of the new year ahead of us, however, European authorities and industry are not wasting any time on acting upon carbon reduction efforts. This week saw the European Union launch a number of initiatives, making us wonder whether 2023 will be the year of big changes.
Nexans and SuperGrid Institute have carried out a successful transient overvoltage test (TOV) on a 525 kV DC cable system in accordance with new High Voltage Direct Current (HVDC) recommendations.
