Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.
South Korea’s conglomerate SK Group has set out an 18 trillion won ($16.4 billion) plan of investment in hydrogen projects.
Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, stated it would take “appropriate action” to maximise Hurricane’s potential.
Haldor Topsoe, a Denmark-based catalysis company, has joined Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.
Shelf Drilling has revealed a mixed bag of results for its jack-up rig fleet with several of its rigs starting new contracts, some getting extensions, and some terminations.
French LNG terminal operator Elengy hit a milestone on March 3 as it unloaded its 10,000 cargo of liquefied natural gas.
Vienna-based international oil, gas, and chemicals company OMV plans to build a pilot plant at its Schwechat refinery to produce second-generation biofuels to reduce carbon emissions.
Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.
Oil major ExxonMobil has failed to find commercial hydrocarbons at the Bulletwood-1 wildcat well in the Canje block located offshore Guyana.
Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco.
UK-based oilfield services provider EnerMech has won a string of new deals in the United Kingdom during the first months of 2021.
Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.
The London-based maritime industry information provider Baltic Exchange put into operation a new set of independent indices for the LNG seaborne trade.
French liquefied natural gas containment specialist GTT has been contracted by Beijing Gas Group (BGG) for the construction of up to six LNG tanks at the Tianjin Nangang terminal.
