Portugal's main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of 16 gigawatt of photovoltaic power the region is expected to install over rivers and seas by 2030.EDP Chief Executive…
India introduced export duties for gasoil, gasoline and jet fuel on Friday to help boost domestic supplies, while also imposing a windfall tax on oil producers that have benefitted from higher global crude oil prices.The new taxes, announced in government orders…
Russia will create a firm which will take over all rights and obligations of the Sakhalin Energy Investment Company amid Western sanctions imposed on Moscow, a decree signed by President Vladimir Putin said on Thursday.The 5-page decree indicates…
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…
Norwegian offshore wind company Deep Wind Offshore has signed an agreement with South Korea's East West Power, to collaborate on projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea. 'We are extremely excited to collaborate with EWP on these projects…
Mitsui O.S.K. Lines, Ltd. (MOL) and TotalEnergies Marine Fuels have completed the first refuelling of a ship with biofuels in Singapore, the shipping company said on Wednesday.The ship, a car and truck carrier named Heroic Ace, was refueled…
A helicopter carrying seven passengers and two pilots ditched in the Arabian Sea near the Indian oil company ONGC's jack-up rig Sagar Kiran, in Mumbai High, offshore India. Four people died. According to initial tweets from the Coast Guard and…
Shanghai Electric Wind Power Group Co., Ltd. said Friday its first EW8.X-230 offshore wind turbine generator had recently rolled off the production line at the Putian manufacturing facility.The wind turbine generator is designed for the medium…
Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), has signed an agreement with Vietnamese construction and infrastructure group FECON for a proposed 500 MW offshore windfarm in Ba Ria…
Japan's government plans to resume public auctions for offshore wind power projects by the end of this year, after revising rules to draw a wider range of bidders and encourage faster development of new infrastructure.The resumption follows…
The Philippines' outgoing foreign minister said on Thursday that talks over joint energy exploration between his country and China in the South China Sea had been terminated, citing constitutional constraints and issues of sovereignty.The two…
Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design…
Oil and gas company Empyrean Energy, which recently suffered a disappointment when its closely watched 'world-class' Jade offshore well in China came up dry, said Friday it had decided to give it another go and drill the Topaz well, located in the same Block 29/11…
India is looking to hold bid rounds for 12 GW of offshore wind in the next three years, the Government's Press Information Bureau said Thursday.This year, the Ministry of New & Renewable Energy will issue the first bid in the next three-four…
Bursa Malaysia-listed Dayang Enterprise has won a contract for the provision of maintenance, construction, and modification services at Enquest's Seligi field, offshore Malaysia.The value of the contract will be determined based on work orders issued by Enquest throughout the contract duration…
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