Korean Energy Agency (KEA) has selected assurance provider DNV to deliver Type Certification services for the South Korean wind energy market. 'This new DNV service for the Korean market will result in a convenient and cost-effective process…
Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…
Qatari national oil and gas company QatarEnergy has said it has awarded a major engineering, procurement, construction, and installation (EPCI) contract for the offshore scope of its North Field Expansion Project to McDermott.The expansion project…
Exxon Mobil on Wednesday set annual capital spending through 2027 at $20 billion to $25 billion, allocating money to low-carbon projects and extending its previously projected investment rate for two years.The top U.S. energy producer slashed costs after a historic $22…
In announcing project sanction on the Scarborough and Pluto Train 2 project last week, Woodside CEO Meg O’Neill emphasized that as well as being both low carbon and globally cost-competitive, it was the strength of demand “particularly in our…
Russia's largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net-zero emissions by 2050, earlier than President Vladimir Putin's deadline.Climate scientists have said…
Subsea Integration Alliance, a partnership between Schlumberger and Subsea 7, has secured a contract with Australia's Woodside for the delivery of subsea pipelines and production systems for the Scarborough gas project offshore Australia.The multi-billion-dollar Scarborough gas field development…
The Abu Dhabi National Oil Company (ADNOC) has awarded two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project offshore Abu Dhabi.The Dalma field is part of…
Abu Dhabi National Oil Company (ADNOC) has awarded Technip Energies a contract to update the Front-End Engineering Design (FEED) for the Ghasha mega project including accelerating the integration of carbon capture into the development.This project…
UAE-based oil and gas companies ADNOC and TAQA on Wednesday announced a $3.6 billion strategic project to 'significantly decarbonize' ADNOC’s offshore production operations.The companies said the project would see the development and operation of a first-of-its-kind high-voltage…
Halliburton has not proposed buying Exxon Mobil's stake in Iraq's West Qurna 1 oilfield, a spokesperson for the U.S. oil services company said on Wednesday, denying comments from a senior official from Iraq's Basra Oil Co. (BOC).'We are not…
French energy industry giant TotalEnergies on Tuesday announced the start-up of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May…
Brazil has always pushed the boundaries of deepwater exploration and production – and it’s still doing so today. With some of the world’s largest deepwater reservoirs, that are often complex in themselves, it’s had to come up with new solutions…
Malaysia is expected to contribute about 12% or 3.1 billion cubic feet (bcf) of global natural gas production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 and 2025, according to data and analytics firm GlobalData…
Danish offshore wind farm developer Ørsted has completed the sale of 50% stake in the 605 MW Greater Changhua 1 offshore wind farm in Taiwan.The agreement to sell half of its stake in the wind farm project to global investment group Caisse de…
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