UK-based major BP has agreed to purchase BHP Billiton’s interest in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for $10.8 billion.
The European Commission’s president Jean-Claude Juncker held talks with the United States president Donald Trump during a visit to the White House.
Following the announcement of new Contracts for Difference (CfDs) auctions in the UK, which will add hundreds of new offshore wind turbines, the UK Chamber of Shipping called for a more meticulous approach to planning so disruption to shipping could me minimised.
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog saw its profits impacted by dry-dockings and expiration of one vessel’s time charter deal.
There has been no oil leak detected from the ship, however, a couple of the ship’s oil tanks are taking on water.
French energy giant and LNG player Total saw its second-quarter adjusted net profit soar on the back of increasing oil prices.
Socar AQS and KCA Deutag have reached an agreement to form a joint venture that will target existing and future opportunities in the offshore and onshore Caspian drilling and engineering market.
Norwegian energy giant and LNG operator, Equinor posted a slight drop in its net profit for the second quarter of 2018, despite higher prices and high international production.
Europe added 1.1GW of offshore wind capacity in the first half of 2018, with the UK being the main contributor with 911MW, according to WindEurope’s recent report.
The Hague-based LNG giant Shell reported an increase in profit for the second quarter and the first half of the year as Integrated Gas and Upstream businesses’ contributions rise.
Total has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants (CCGT) in the North and East of France, with 825 megawatts (MW) power production capacity.
UK-based major BP said that Helge Lund and Pamela Daley have joined its board as non-executive directors.
Prosafe and Cosco have agreed to extend a standstill agreement regarding the delivery of two accommodation units.
SSE has welcomed the approval of the new Renewable Electricity Support Scheme (RESS) in Ireland, however, the company said it had concerns that the potential size of the future individual auctions outlined in the RESS design “may be too small to allow large-scale offshore wind projects to commercial
