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Crude Oil
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…
Oil&Gas Drilling
Chevron Cleared to Start up Gorgon and Jansz Feed Gas Pipeline and Wells
Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Chevron’s environment plan for the commissioning, s…
Oil Field
BW Energy Secures ‘Near-Perfect Fit’ FPSO to Unlock Oil From Brazilian Field
E&P company BW Energy has decided to proceed with the Maromba development project, located offshore Brazil, and signed an agreement to buy the laid-up FPSO Polv…
Offshore Wind Power
Rystad Energy: Europe to Break Offshore Wind Capacity Records
New offshore wind capacity additions in Europe are poised to hit a record high this year, topping 4 GW for the first time and more than doubling additions seen …
CNOOC
China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels
Aiming to make full use of domestic and overseas financing channels, Chinese oil and gas giant CNOOC Limited has launched an initial public offering (IPO) on Sh…
Offshore Wind Power
Falck Renewables and BlueFloat Energy Progress Wind Partnership
The Falck Renewables and BlueFloat Energy partnership participating in the current ScotWind offshore leasing round have signed option agreements on its two succ…
Offshore Wind Power
2022 Will Be a Record-Breaking Year for Offshore Wind Energy in Europe
In 2022, for the first time ever, Europe is set to install more than four gigawatts of offshore wind capacity in a single year.
Offshore Wind Power
Energy Prices to Remain Significantly Above Average up to 2030 and Beyond
Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.
Offshore Wind Power
New Tech Is Accelerating the Wind Energy Revolution
Wind energy production is steadily increasing, with several innovative projects being established around the world.
Offshore Wind Power
Technip Energies to Provide FEED for South Korean Offshore Wind Project
Technip Energies have been selected by Equinor South Korea Co., Ltd to perform a FEED for the offshore floating wind Firefly project, located 70 km offshore the…
Oil&Gas Drilling
Empyrean Ticks off ‘Major Box’ at Chinese Well
AIM-listed oil and gas exploration company Empyrean Energy has backed up its pre-drill interpretation of seismic data related to the Jade prospect well located …
Offshore Wind Power
TotalEnergies and KGHM to Develop Offshore Wind Power
TotalEnergies and KGHM have signed a partnership to participate on a 50/50 basis in the Polish government tender for the development of offshore wind projects. …
Floating Offshore Wind
Operator Looking to Decarbonise New North Sea Project with Floating Wind
A proposed development concept for a new North Sea project has received approval from the UK’s offshore regulator, enabling the operator to continue preparing …
Oil&Gas Drilling
All Approvals Ready for Australian Well Drilling to Kick off Next Month
With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 exploration well offshore Western Australia early next mon…
Offshore Wind Power
Philippine Energy Department, World Bank to Launch Offshore Wind Roadmap
The Philippines’ Department of Energy (DoE) and the World Bank Group (WBG) is set to launch the country’s first Offshore Wind Roadmap on 20 April 2022.
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