(WO) – VAALCO Energy, Inc. has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden. Svenska’s primary asset […]
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion. But the oil riches beneath Guyana’s coastal […]
HOUSTON, Feb 26 (Reuters) – Exxon Mobil Corp (XOM.N), opens new tab said on Monday it may preempt Chevron Corp’s (CVX.N), opens new tab acquisition of a 30% stake in a giant Guyana oil block, the centerpiece of its […]
The 160,000-cbm FSRU, Energos Celsius, has arrived at New Fortress Energy’s terminal in Barcarena, Brazil following a trip from Singapore. The converted FSRU, owned by Apollo’s Energos Infrastructure, left Seatrium’s yard in Singapore in December […]
Investment firm Stonepeak has bought a 50% interest in Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project for $3bn. The deal for the project stake was made with a subsidiary of Stonepeak Partners, […]
Simply Blue Energy major Shell and Irish offshore renewables developer Simply Blue have opted to exit floating wind joint ventures to better focus on other markets. Shell signed a sales and purchase agreement with Hexicon […]
This article was originally published by the Maine Morning Star. The International Energy Agency has estimated that offshore wind could generate $1 trillion in worldwide investments in the next 15 years. Gov. Janet Mills said, “the […]
The complex architecture that connects offshore wind farms to the main power grid using high-voltage direct-current (HVDC) technologies makes them more vulnerable to cyberattacks, according to new research. In a recent paper and presentation, researchers […]
Croatia’s Krk liquefied natural gas (LNG) terminal has received its 85th cargo since the launch of operations in January 2021. The 2018-built 173,400-cbm, BW Tulip, arrived at the 140,000-cbm FSRU on February 20, according to […]
Researchers working on the EverLoNG ship-based carbon capture (SBCC) prototype have achieved capture rates of at least up to 85% during initial testing. The prototype was developed by Dutch firm Carbotreat and installed last year […]
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