Information sent to the Danish Maritime Authority shows that the operator behind the controversial gas project expects to compete pipe-laying efforts through the country's waters during the third quarter of this year.
At Maersk Supply Service, only three percent of seafarers are female. The company wants to ensure that women never find themselves alone in a male-dominated environment and will deploy women in pairs, head of crew management tells EnergyWatch's sister media ShippingWatch.
Tidewater spent 2020 revising its fleet, which resulted in the divestment of more than 50 vessels, shows interim report, in which impairments contributed to a large decifit.
Saudi Arabian oil saw its most serious attacks in 18 months when export terminal Ras Tanura came under missile and drone fire in an assault claimed by Houthi rebels, prompting a near 3-percent rise in Brent crude price.
Denmark's PFA owns more than USD 400m in bonds linked to environmentally damaging fossil fuel projects
The oil and gas supermajor is suing the Australian investment bank in Texas after a dispute regarding missed gas deliveries.
Hundreds of organizations have united in opposition to the planned EACOP pipeline, which the alliance believes could devastate local communities in Africa.
Safety should have been better, and communications seemed random during last year's highly dangerous gas leak on the Tyra platform in the Danish North Sea, concludes Denmark's Accident Investigation Board for Offshore Oil and Gas Activities. Operator Total pledges improvements to procedures and practices.
Drilling company Seadrill started 2021 with a deficit four times the size of that in 2019. The strained company continues to be in talks about a comprehensive rescue plan and still awaits approval of its Chapter 11 petition.
Valaris receives the court's approval for its rescue plan. With comprehensive support from both bond holders and banks, the rescue plan means that the crisis-stricken drilling company expects to leave Chapter 11 early in the second quarter.
Container major Maersk has appointed a new head of future fuels. She has been found internally and will work under the group's new decarbonization team to explore alternative fuels for the fleet.
Coating producer Hempel has had a challenging year on account of Covid-19, though its top line still improved. 2021 began with a new strategy and acquisition, which is the first step toward an ambitious goal to double its revenue.
Akastor, part of Kjell Inge Røkke's Aker group, joins US-based Baker Hughes in establishing a joint venture to deliver global drilling solutions. Activities will be managed from both Norway and the US.
Danish utility and energy groups' plans to collaborate on transport and storage of CO2 will make the total expenses tied to carbon capture far lower, according to Rambøll's head of waste-to-energy, the idea-maker behind the new C4 cluster.
After taking a steep and unprecedented dive in fuel consumption last year due to Covid-19-related lockdowns and travel bans, CO2 emissions are once again on the rise and have been since late last year, show new IEA data, though revealing a few bright spots in green tech adoption.
Exxon Mobil's equity increases from the green tint given to its board of directors.
New gas tanker major BW Epic Kosan will especially focus on the ships of the future and the bottom line, explains Charles Maltby, who will serve as CEO of the company. The green agenda will also put a damper on consolidation in the LPG sector, he expects.
The oil firm invests in Swedish investment company Baseload Capital, whose focus is development of geothermal solutions.
An anticipated US aid package boosts crude prices after the weekend.
A total of seven oil companies have applied for production licenses on the Norwegian shelf in a new licensing round. Licenses are awarded for the Norwegian Sea and the Barents Sea.
The US-based supermajor has established a fund to invest in sustainable energy technologies.
The US warns that Russia can use the gas pipeline to pressure Europe. Ongoing pipe-laying in Danish waters is expected to finish in April.
Despite a reduced deficit in the fourth quarter, rig operator Borr Drilling exits 2020 with another deficit of more than USD 300m. The company, which recently secured approval for a rescue plan, still projects a stronger market.
The two Norwegian firms will jointly assess the possibility of implementing CCS technology at Elkem's smelting facilities.
Norway’s sovereign wealth fund slashed its exposure to Saudi Arabian stocks last year while boosting its portfolio in neighboring Qatar by almost seven times.
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