Proven reserves of natural gas set a new record in the U.S. in 2021, while proven reserves of oil increased but not to pre-Covid level.
Innovate UK has selected a consortium, led by Ingine Wave Energy Systems, to receive funding support for the development of wave energy project offshore Indonesia.
The Philippines’ Department of Energy (DOE) has approved the country’s first small-scale liquefied natural gas (LNG) terminal as it prepares to launch the LNG industry this year. The LNG terminal is being developed by Samat LNG Corporation, a company that was established in 2020 to develop, own and
French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi
UK-based oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) for the Rhum field in the North Sea, in which the company has a 50 per cent interest. The license and assurance are set to allow certain U
ONGC has set the wheels into motion to crown a jack-up rig, which was recently converted into a mobile offshore production unit (MOPU).
Germany’s Federal Minister for Economic Affairs and Climate Protection and Vice-Chancellor Robert Habeck and the Australian Minister for Energy and Climate Protection Chris Bowen have agreed to intensify cooperation between the two countries in the area of climate and energy. The focal points of t
French ballast water treatment systems producer BIO-UV Group has reported a 31% increase in revenues from its maritime business segment, contributing to full-year consolidated revenues of €51.5m for the 2022 financial year. The Euronext Paris listed company confirmed the sale of more than 200 BIO-SE
Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.
OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.
PRIO has made a payment of almost $2 billion for the acquisition of Petrobras’ entire stake in a deepwater field off Brazil.
Official results from the pan-European EVOLVE project involving world-leading academics, research institutions and technology developers have been released, providing a firm evidence base supporting the acceleration of ocean energy in Europe’s future energy system.
Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.
The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary of State for Business (BEIS), in January 2022 refused consent for the AQUIND interconnector despite
