Eni pledged on Friday to reduce its oil production from 2025 and slash its greenhouse gas emissions by 80% and in one of the most ambitious clean-up drives in an industry under pressure from investors to go green. [Read more…] about Eni targets oil output peak in clean energy drive
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Eni targets oil output peak in clean energy drive
Oil prices fall as coronavirus spreads outside China
With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. [Read more…] about Oil prices fall as coronavirus spreads outside China
New addition to cable installation fleet Global Offshore
Global Offshore is adding the Normand Clipper, an accomplished offshore installation and construction vessel, to their fleet. [Read more…] about New addition to cable installation fleet Global Offshore
Poland among fastest-growing markets of offshore wind farms in Europe
Acuris Studios, a research company commissioned by DLA Piper, a law firm, conducted a study on a group of 50 managers from companies and institutions that have invested in offshore over the past two years. [Read more…] about Poland among fastest-growing markets of offshore wind farms in Europe
Nexans to supply HV submarine power cables for Marjan field in Arabian Gulf
Nexans was awarded a significant Purchase Order to supply 180 km of 230 kV cables for the offshore Marjan increment development mega-project on the eastern coast of the Arabian Gulf. [Read more…] about Nexans to supply HV submarine power cables for Marjan field in Arabian Gulf
EGAS plans to drill new 10 wells in 2020
The Egyptian Natural Gas Holding (EGAS) announced it seeks to up its production to 7.5 billion cubic feet daily and more than 100,000 barrels of condensate during the fiscal year 2020-2021. [Read more…] about EGAS plans to drill new 10 wells in 2020
Mitsubishi and Chubu Electric Power named preferred bidder for offshore transmission link
A consortium made up of Mitsubishi Corporation and Chubu Electric Power has been selected as the preferred bidder for a new offshore electricity transmission link in the UK. [Read more…] about Mitsubishi and Chubu Electric Power named preferred bidder for offshore transmission link
DEME Offshore is getting ready for next step in offshore wind industry
The impressive main crane boom, measuring more than 145 m, has just been installed on board of the giant, next generation offshore installation vessel ‘Orion’. [Read more…] about DEME Offshore is getting ready for next step in offshore wind industry
Engineering design for Chevron’s Anchor U.S. deepwater project
Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. [Read more…] about Engineering design for Chevron’s Anchor U.S. deepwater project
Xodus Group reveals new analysis showing need for rapid pivot to gas
International energy consultancy Xodus Group has launched new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand. [Read more…] about Xodus Group reveals new analysis showing need for rapid pivot to gas
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