South Korea’s shipbuilding giant Hyundai Heavy Industries Holdings (HHIH) expects to complete the acquisition of smaller rival Daewoo Shipbuilding & Marine Engineering (DSME) by the end of the first half of 2021.
Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.
The Energy Regulatory Commission (ERC) of the Philippines has denied the petition filed by the National Renewable Energy Board (NREB) for Feed-in-Tariff (FIT) for electricity generated from ocean energy resources.
Clean energy technology start-up Exowave has secured funding from the Danish government to advance the project that combines wave energy extraction with desalination and hydrogen production.
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline (TAP). First gas reached Greece, Bulgaria as well as Italy via the Melendugno interconnection point.
Croatia’s first liquefied natural gas (LNG) import facility has started commercial operations on January 1, right on schedule.
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.
FPSO operator BW Offshore has been awarded a contract extension for its Abo FPSO from Eni for operations on a field located offshore Nigeria.
An international consortium led by Total and EGAS have signed an exploration and production agreement a block located offshore Egypt
Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has emerged from the Chapter 11 process.
Repsol has moved into the hook-up phase of the Yme development project located offshore Norway following the installation of a jack-up rig on the field.
Indonesian authorities have approved the first plan of development (POD) for the Kali Berau field development located in the Sakakemang block managed by Repsol.
The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) gave the development consent to the Hornsea Project Three offshore wind farm on 31 December 2020. Ørsted submitted the development consent order (DCO) application for the 2.4 GW project to the UK Planning Inspectorate on 1
Australian-based company Wave Swell Energy (WSE) has made significant progress on the construction of its wave energy device that will be deployed off Tasmania early in 2021.
