Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless of higher oil and gas prices and improved chemical margins.
Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production assets to Viaro Energy
Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the company that controls the group’s hydrocarbon exploration and production activities in Norway, to Sval Energi.
German shipbuilder Meyer Werft is preparing for the post-COVID-19 future as it is working on a range of new eco-friendly technological solutions for cruise ships.
Brazilian oil major Petrobras has decided to transfer its commercial activities from London to the Port of Rotterdam in the Netherlands.
The Kitty Hawk offshore wind farm can be expected to deliver substantial economic growth and employment to Virginia and North Carolina, according to the project’s economic impact study (EIS), with nearly 1,000 jobs to be created once the wind farm is operational. Along with the USD 2 billion in econ
UK-based marine energy company HydroWing is looking to expand its team with the addition of new electrical design engineer that will work on the development of the company’s tidal energy device.
Oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30 per cent shareholding in Energean Israel, resulting in Energean owning a 100 per cent stake in the company.
Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.
Offshore driller Awilco Drilling has terminated its offshore rig construction order with Singapore’s Keppel due to a “breach of contract“ and is seeking a refund.
Spanish national grid operator Enagás and its compatriot ACCIONA are moving forward with the Power to Green Hydrogen Mallorca industrial project.
Wind turbine installation at the Moray East offshore wind farm is scheduled to start in the first days of the next year, around 5 January. The wind turbines will be installed by the Bold Tern jack-up vessel, with the commissioning work to be done from Acta Centaurus, supported by two crew transfer v
Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.
After the completion of the drilling operations, one of BP’s more important wells in 2020 – the Ironbark-1 well offshore Australia – has not encountered a significant amount of hydrocarbons.
