The Philippines has the potential to install 21 gigawatt of offshore wind power by 2040, equivalent to about a fifth of its electricity supply by then, according to a study released by the Department of Energy and the World Bank on Wednesday…
ExxonMobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday.That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then…
Asia's largest offshore jacket Haiji-1 was last week installed in the South China Sea by the Chinese offshore engineering and construction company COEEC.With a total height of 302 meters and 30,000 tons of weight exceeding the lifting capacity of the world's largest derrick barge…
Swedish floating wind technology developer Hexicon has informed that its joint venture CoensHexicon Co., Ltd. has changed its name. The new name is Hexicon Korea Co., Ltd. with the change taking effect from Friday, April 15, 2022. 'The change…
Integrated energy solutions provider T7 Global manpower subsidiary T7 Intelligent Resources has secured a 2-year contract with the U.S. oil firm Hess in Malaysia.The contract, worth RM6 million (around $1,4 million) is for the provision of technical…
Image for illustration only ©GoodVibes - Photo/AdobeStockMalaysian oil and gas company Petronas has achieved its first hydrocarbon from the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia. The BTJTB-T2 well was spudded on September 30…
File Photo: ADNOCSNC-Lavalin has won a four-year advisory and engineering services contract from Abu Dhabi National Oil Company (ADNOC) to support its offshore operations power project. A high-voltage, direct current (HVDC-VSC) subsea transmission…
An activist shareholder who last year convinced a majority of ConocoPhillips investors to approve a measure calling for emission cuts said the oil major did not fully follow through and said he expects to win even more support this year for a similar proposal…
Japan's government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt Russian fuel imports…
Chinese oil giant CNOOC Ltd said on Monday it will raise 28.08 billion yuan ($4.41 billion) in a share listing in Shanghai, after setting the price for what will be mainland China's 11th-biggest public stock offering.Fundraising will be expanded to 32…
COSL-owned NH9 semi-submersible rig has arrived on location at the Empyrean's Jade prospect offshore China, in preparation for the long-awaited drilling start.The drilling operation will target what Empyrean says is 'a world-class' conventional oil target in the Jade Prospect…
Australian oil and gas company Santos has started drilling at the Apus-1 well offshore W. Australia, using the Noble Tom Prosser jack-up drilling rig.The rig recently moved to the Apus-1 well site from the Pavo-1 well where Santos, and its partner Carnarvon…
UK-based offshore wind technology supplier Osbit has said it has delivered a new monopile gripper system to Yunneng Wind Power Co. Ltd (Yunneng), a subsidiary of wpd offshore, which is building the Yunlin offshore wind farm in Taiwan.The system…
Japan's Mitsubishi Corp and Shell aim to produce 400,000 tonnes of 'green hydrogen' in 2030 through the companies' European offshore wind power project, the Yomiuri newspaper reported on Thursday.Dutch renewable energy firm Eneco, owned by Mitsubishi and Japan's Chubu Electric Power Co…
Australia's Pilot Energy Limited has increased its interest in the WA 481P offshore exploration permit off W. Australia to 100% following receiptof final approval from the National Offshore Petroleum Tenures Administrator (NOPTA) of Pilot’s…
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