Italian energy giant Eni is preparing to open ruble accounts at Gazprombank JSC, allowing it to potentially comply with Russian demands that gas must be paid for in local currency, according to people familiar with the matter.
Maersk Training is set to increase headcount across its UK sites by around 20%, as new offshore and fire safety instructors are needed due to rising industry demand.
A group of investors led by BlackRock Real Assets and Mubadala Investment Co. infused 40 billion rupees ($525 million) into the renewable energy unit of Tata Power Co., the Mumbai-based company said.
The merger between Woodside and BHP’s entire petroleum business will see the combined decommissioning costs for the new super independent hit $6.7 billion over the next 30 years, according to Woodside’s prospectus filed to the London Stock Exchange this week.
A multi-national partnership aims to establish what could be the first green e-methanol plant in Southeast Asia. The partnership, which includes Thailand’s PTT Exploration & Production (PTTEP), aims to establish Asia’s first green e-methanol plant which converts captured biogenic carbon dioxide (CO2) into green e-methanol, a low carbon fuel.
Oil prices have fallen to levels that don’t reflect the risk of disruptions to Russian exports or the ability of China to keep the coronavirus pandemic under control, according to the world’s biggest independent crude trader.
Kjetil Gjersdal will oversee the drilling contractor as its chief executive, following the spin-off of some services into a new technology-focused division.
Japanese shipping company Mitsui OSK Lines (MOL), Toho Gas and Hokuriku Electric Power, will buy a 25% share in the 128 MW Formosa I offshore wind project in Taiwan from Macquaries’ Green Investment Group, which is exiting the country’s first utility-scale offshore wind farm.
Questions of green or blue hydrogen are by the by, there is a major need for construction to get under way in order to achieve net zero participants at the fourth episode of Hydrogen – Tracking Transition said recently.
Environmental campaigners and trade unions have called for MPs to back the creation of an offshore training scheme to help workers move between the oil and gas and renewables sectors more easily.
Forth Ports has announced a series of new leadership appointments as its senior team is restructured to reflect the growing role of ports in the offshore renewables sector.
ADM Energy’s board has seen off a shareholder activist attempt at revolution, while a legal challenge over an oilfield in Nigeria has been pushed back.
EnerMech has appointed Garry Ford as regional director for Asia Pacific as the group looks to drive further growth and strengthen its existing oil and gas operations across the region.
Law firm Addleshaw Goddard has hired ex co-head of Fieldfisher's energy and natural resources team, Matthew Williams, as a partner within its infrastructure projects and energy (IPE) team.