GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
German energy giant RWE has abandoned plans for a massive offshore wind farm off Australia’s southern coast, citing unfavourable market conditions and ongoing global uncertainty in the offshore wind sector.
[Read more…] about RWE pulls plug on 2GW Australian Offshore Wind ProjectEquinor has abandoned plans to connect several of its offshore oil and gas platforms to Norway’s onshore power grid, citing rising costs that have rendered the projects unprofitable.
[Read more…] about Equinor drops offshore electrification plansValaris has been awarded a five-well contract with bp for drillship VALARIS DS-12 in Egypt.
[Read more…] about Contract award for drillship VALARIS DS-12Shell Nigeria Exploration and Production, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
[Read more…] about Shell invests in Nigeria offshore gas developmentChinese wind turbine manufacturer Ming Yang Smart Energy will invest up to $2 billion to build a wind turbine manufacturing facility in Scotland which could create up to 1,500 jobs.
[Read more…] about Chinese wind turbine maker invests $2 billion in Scottish factoryThe Port of Long Beach has secured a $20 million award from the California Energy Commission to advance the Pier Wind offshore wind hub.
[Read more…] about Port of Long Beach secures $20 million for new terminalGlobal Maritime (GM) signed a new Framework Agreement (FWA) with Van Oord.
[Read more…] about Global Maritime secures Framework Agreement with Van OordEuropean energy major OMV is committed to exploration and is aiming to drill about 50 wells over the next five years with the best potential in the Black Sea and Norway.
[Read more…] about Black Sea and Norway exploration in focus for leading operatorRenewable energy leader Ørsted has announced a major organizational restructuring that will see approximately 2,000 jobs cut by the end of 2027 as part of a broad effort to strengthen its competitiveness and align with its updated business strategy.
[Read more…] about Ørsted to cut 2,000 jobs in global restructuring to boost competitivenessBP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.
[Read more…] about BP starts up Murlach Field in UK North Sea