Biden-Harris Administration Marks Major Milestones for Offshore Wind, Approves Tenth Project

Interior Department has now approved more than 15 gigawatts of offshore wind energy

The Biden-Harris administration today announced the approval of the Maryland Offshore Wind Project – the nation’s tenth commercial-scale offshore wind energy...

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement today that ADNOC will acquire a 35% equity stake in Exxon Mobil Corporation’s proposed...

TotalEnergies has signed a $100 million agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a carbon-stewardship company and forest landowner in the U.S. to deploy their projects aimed at protecting productive forests from heavy timber harvesting, advancing...

As part of its energy transition, TotalEnergies has expanded its range of energy products to include electricity and gas and wants its customers in France to benefit from this multi-energy strategy. This is whyTotalEnergies is launching a unique offerthat gives its Electricity & Gas...

OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer expectations for China, a reduction that highlights the dilemma faced by the wider OPEC+ group in raising production from October.

This is the first cut in OPEC's 2024 forecast since...

The operator of the Jerun field in Malaysia, SapuraOMV Upstream Sdn Bhd, has announced that first gas has been achieved. Shell plc has a 30% equity stake in the field, through its Malaysian subsidiary, Sarawak Shell Berhad, and made a final investment decision on...

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Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA and PGS ASA) regarding the combination of the two companies, as well as the announcements on 25 October 2023 and 1 December 2023 regarding, respectively, the execution of...

Yinson GreenTech (YGT) and Eastern Pacific Shipping (EPS) completed Singapore’s first cargo and crew deliveries by a fully electric vessel. These achievements, spearheaded by YGT’s marine electrification business, marinEV, demonstrate the viability of electric solutions for real-world cargo transportation within busy port environments, paving...

PGS, a leading provider of seismic and reservoir data for energy exploration and development, has data over 10 offshore blocks on offer in the Nigeria 2024 Bid Round announced this week.

May 2, 2024

On Monday 29 April 2024, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC)...

Aberdeen Business News ----BALMORAL Comtec, a Balmoral Group company and a major provider of buoyancy, protection and insulation services to the global offshore energy market, has secured a multi-million-pound contract from TechnipFMC to supply more than 600 buoyancy modules for Equinor’s Rosebank project. This...

APA Corporation said that its acquisition plan of Callon Petroleum Company has been completed. The transaction was approved by APA and Callon shareholders at special meetings held on March 27, 2024.

“We are very pleased to close this transaction as Callon’s assets bring scale to...

Woodside Energy has signed a non-binding Memorandum of Understanding (MOU) with three Japanese companies to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan and Australia. Under the MOU, Sumitomo Corporation, Toho Gas Co., Ltd. and Kawasaki Kisen Kaisha,...

Neptune Energy has confirmed the media releases from its partner, Equinor, on the successful oil and gas discovery near the Fram field in the Norwegian sector of the North Sea. Neptune holds a 15 per cent share in the discovery, which is situated within...

Equinor (operator), Repsol Sinopec Brasil and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is of approximately USD 9 billion.

Located in the Campos Basin, BM-C-33 comprises three different pre-salt discoveries – Pão de Açúcar, Gávea and Seat...

Eni has begun offloading the first LNG cargo into Snam’s new regasification terminal in Piombino today, in the presence of the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin. The terminal has a total processing capacity of 5 billion cubic metres per...

Suncor Energy has agreed to purchase TotalEnergies' Canadian operations through the acquisition of TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project (Fort Hills) and a 50% working interest in the Surmont in situ asset....