Chevron has entered into a definitive agreement with Noble Energy to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.
The U.S. Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for November 2020.
Norwegian oil production has dropped below predictions made by the Norwegian Petroleum Directorate (NPD) after being above the limit for two months in a row.
China’s Maritime Safety Administration of the Ministry of Transport has signed a deal with the China State Shipbuilding Corporation (CSSC) to cooperate in the field of smart shipping and environmental protection. The agreement paves the way for the acceleration of the development of smart ships, sma
A former chief executive officer (CEO) of Mexican state oil company Petroleos Mexicanos (Pemex) arrived back to Mexico on Friday to face corruption charges.
President of South Korea Moon Jae-in has pledged to expand the country’s offshore wind power capacity from the current 124 MW to 12 GW by 2030, according to local media. Moon announced his pledge on Friday, 17 July, during a visit to a turbine research center and the operational 60 MW Southwest Offs
Energy regulator Ofgem has approved the 600MW HVDC subsea transmission link connecting Shetland to the Scottish mainland. The link, advanced by SSEN Transmission, will facilitate the connection of renewable electricity developments on Shetland. This includes SSE Renewables’ 443 MW Viking wind farm w
The US Centers for Disease Control and Prevention (CDC) has further extended a ‘No Sail Order” for cruise ships through 30 September 2020.
BP’s environment plan for the Ironbark-1 exploration well has been approved by the Australian offshore regulator, NOPSEMA, and BP is preparing to drill the well in October 2020.
Vår Energi is resuming its drilling activities in the Barents Sea and the North Sea, which were postponed this spring due to the corona pandemic and oil price collapse.
The Danish authorities have requested once again the European Maritime Safety Agency’s (EMSA) remotely piloted aircraft system services to support the monitoring of ship emissions around the area of the Great Belt strait.
Ireland-Wales Greenlink Interconnector has secured a planning consent from the Pembrokeshire Coast National Park Authority for a portion of the project’s onshore works in Wales. This marks the first step in a series of planning consents required for the 200-kilometre subsea and underground electrici
The UK High Court ruled on Monday, July 13, that the widow, whose husband lost his life while dismantling a supertanker in Bangladesh in 2018, can pursue a negligence claim against Maran (UK) Limited, a British company involved in the ship’s sale. The court said that Maran (UK) arguably owed a duty
Wave Energy Scotland has selected four projects to share just under £1.4 million with aim to cut wave power costs. The companies selected under the funding are: Apollo, Blackfish Engineering Design, Nova Innovation and Quoceant. Projects will develop technology to enable the quick connection and dis
