General – Decapitalisation
BP chief executive Murray Auchincloss has said the company has “completely decapitalised” its renewables business.
[Read more…] about BP vows fundamental reset as it retreats from net zeroGLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
BP chief executive Murray Auchincloss has said the company has “completely decapitalised” its renewables business.
[Read more…] about BP vows fundamental reset as it retreats from net zero
Oil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field.
[Read more…] about ONGC and bp sign contract to enhance production from Mumbai High
Fugro’s Board of Management has appointed Katja Fenton as General Counsel and member of the Executive Leadership Team.
[Read more…] about Fugro appoints Katja Fenton as General Counsel
Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide.
[Read more…] about Next Ocean secures investment to scale offshore safety technology
Aker Solutions has signed a contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin1 offshore wind grid connection system in Germany.
[Read more…] about Aker Solutions awarded contract for BalWin 1 OWP
Damen has recently completed the installation of a series of selective catalytic reduction (SCR) systems on Van Oord’s Nexus.
[Read more…] about Damen installs NOX-reducing SCRs on Van Oord’s Nexus
China’s state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities.
[Read more…] about CNOOC begins production in oilfield in China’s Bohai Sea
The Trump administration’s drive to derail offshore wind development claimed another victim last Tuesday when the Bureau of Ocean Energy Management cancelled virtual public meetings on an environmental impact study for the New York Bight project.
[Read more…] about BOEM cancels meetings for Vineyard Mid-Atlantic wind project
Franklin Offshore announces its wholly-owned subsidiary CFE Engineers Asia Pte. has completed the fabrication and load-out of 12 gigantic suction piles for Chevron’s high-profile $4 billion Jansz-lo compression project offshore Western Australia.
[Read more…] about CFE Engineers completes giant Jansz-lo suction piles
Dominion Energy recently provided several updates for the Coastal Virginia Offshore Wind (CVOW) project and revealed that the cost of the 176-turbine project has gone up by around 9%.
[Read more…] about Cost of CVOW project has gone up by around 9%