Russian President Vladimir Putin reiterated on Feb. 15 after meeting German Chancellor Olaf Scholz that the Nord Stream 2 gas pipeline, which is still awaiting regulatory approval, is a “purely commercial” project which will strengthen […]
U.S. energy company Hess Corporation revealed on Monday that it has allocated a whopping US$2.6B towards its 2022 Exploration and Production budget. Interestingly, the American explorer said the majority of this expenditure will go towards […]
KYIV, Feb 8 (Reuters) – French President Emmanuel Macron, the first leader of a major Western power to meet Vladimir Putin since Russia massed troops near Ukraine, said on Tuesday he believed steps can be […]
The inspectors and engineers of the U.S. Bureau of Safety and Environmental Enforcement (BSEE) have conducted an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The inspection of the […]
The UK Government is facing an opposition from climate activists following its approval of the Abigail oil and gas field, off the east coast of Scotland. The approval by the government’s Oil and Gas Authority […]
United States Ambassador to Greece, Geoffrey Pyatt, welcomed on Friday Gastrade’s adoption of the Final Investment Decision (FID) for the construction of the Alexandroupolis Independent Natural Gas System (INGS). “A big step forward for energy […]
Inpex aims to carry out the offshore drilling during March-July this year about 150km north of Yamaguchi and 130km northwest of Shimane in water depths of around 240m through its subsidiary Inpex San’in Offshore Development. […]
Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, as produced volumes in need of transport rise to 3.3 billion […]
On 17 December, the Maryland Public Service Commission (PSC) approved more than 1,650 MW of offshore wind capacity as it decided to award offshore renewable energy credits (ORECs) to US Wind’s 808.5 MW Momentum Wind and Ørsted’s 846 MW Skipjack Wind […]
By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to […]
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