EnQuest has exercised its options with BP relating to the Magnus field and associated infrastructure and the Thistle and Deveron fields in the North Sea.
Austria’s OMV signed a basic sale agreement with Russia’s Gazprom to purchase interest in the Achimov IV and V phase development in the Urengoy gas and condensate field.
The costs of floating offshore wind in Europe could decrease from the current EUR 180-200 per MWh to EUR 40-60 per MWh by 2030 with the right visibility in terms of volumes and industrialization, according to WindEurope’s Policy Blueprint.
Interventek Subsea Engineering has secured orders in excess of £1 million from Professional Rental Tools LLC (PRT Offshore) for its Revolution in-riser shear and seal safety valve. Under the contract Interventek will supply its 6.375” 15,000psi working pressure valves to be included in PRT Offshore’
Odfjell Drilling’s newbuild semi-submersible drilling rig Deepsea Nordkapp has been named in South Korea.
Australian liquefied natural gas exports fetched $31 billion during the 2017-2018 period, with 62 million tons exported during the period.
Singapore’s investment in liquefied natural gas as a marine fuel has reached $19 million as it continues its strategy of becoming the largest LNG bunkering hub.
The Ocean Cleanup has received the green light to proceed to the Great Pacific Garbage Patch.
CARB awards USD 3 million to the Port of Hueneme to fund its ship to shore zero emission energy project.
The Netherlands has a solid and internationally acclaimed policy regarding the development of offshore wind that has resulted in zero-subsidy bids for projects that will be built after 2020.
The Netherlands has a solid and internationally acclaimed policy regarding the development of offshore wind that has resulted in zero-subsidy bids for projects that will be built after 2020.
GeoSea has installed half of the monopile foundations at the Hornsea Project One offshore wind farm in the UK.
GeoSea has installed half of the monopile foundations at the Hornsea Project One offshore wind farm in the UK.
UK-based energy giant and LNG player BP has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, the duo intends to explore potential ven
