GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Libya on Wednesday awarded oil and gas exploration blocks to foreign oil companies, including Chevron, Eni, QatarEnergy and Repsol in its first licensing round in nearly two decades as it seeks to revitalise the sector despite ongoing political division.
[Read more…] about Libya awards new oil, gas blocks since 2007The UK Government has today granted consent for the Outer Dowsing Offshore Wind farm, located in the Southern North Sea, 54km (33 miles) from the Lincolnshire Coast.
[Read more…] about UK Government grants consent to Outer Dowsing OWFEquinor, long regarded as one of the global standard-bearers for carbon capture and storage, is scaling back its near-term investment plans for CCS as project economics and customer demand fail to mature at the pace once expected.
[Read more…] about Equinor steps back from CCS ExpansionKuwait’s prime minister Ahmad Abdullah al-Ahmad al-Sabah said last week that Kuwait Petroleum Corporation plans to invite international oil companies to assist Kuwait Oil Company in developing the recently announced offshore oil and gas discoveries.
Al-Sabah added in his opening remarks at the Kuwait Oil and Gas Show that KPC is in talks with global financial institutions to establish a lease and lease-back of Kuwait’s domestic crude oil pipeline network.
In January, sources told Reuters that Kuwait was set to launch an oil pipeline network stake sale as soon as February in a deal that could raise to $7 billion.
Kuwait’s oil minister Tariq Al-Roumi told Reuters on Monday that he expects tenders for the Durra oil and gas field project, in cooperation with Saudi Arabia, to be launched this year.
Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.
[Read more…] about Transocean to acquire Valaris in all stock transactionGO OFFSHORE from Australia has been awarded the long‑term management of a newbuild Walk‑to‑Work (W2W) vessel, to be owned and built by a leading energy provider.
[Read more…] about Long term management of W2W vesselAt the end of January, an important step was taken in the offshore work for the Porthos project: work on the wells in the North Sea was completed.
[Read more…] about Porthos wells ready for CO₂ injectionRWE has signed a five-year Power Purchase Agreement (PPA) with the discount supermarket Lidl GB.
[Read more…] about Lidl buys offshore wind power from RWE in UKHanwha Ocean has secured an order for a WTIV (Wind Turbine Installation Vessel) worth KRW 768.7 billion from Ocean Wind Power 1!
[Read more…] about New WTIV order for Hanwha Ocean in KoreaAmid recent changes in leadership at the chairperson and most of its members, the Electricity Commission under the Korean Ministry of Climate, Energy, and Environment has shown signs of a shift in its activities.
[Read more…] about Decision to revoke 22 permits including wind power projects in Korea
