By Nermina Kulovic Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by… … Read Full Article Here For more great articles: Offshore Energy Today
By Adrijana Buljan The government of Australia’s state of Victoria is pouring the first AUD 108 million (around € 67 million) from its clean energy 2020/21 budget into the first steps toward bringing new renewable energy and hydrogen projects, such as the country’s first offshore wind farm, to realisation. The funds will support research, start-ups…
By Adnan Bajic A French quintet including Elengy, GRDF, GRTgaz, Storengy and Teréga joined the OMGP partnership aiming to cut methane emissions from their respective operations. Courtesy of Elengy The Oil and Gas Methane Partnership 2.0 is launched by the United Nations Environment Program (UNEP) with the support of the European Commission. The OGMP’s objective…
By Adnan Bajic Avenir LNG, a joint venture between Stolt-Nielsen, Hoegh LNG and Golar LNG, said its CEO Milorad Doljanin has filed his resignation. Milorad Doljanin (Courtesy of Avenir LNG) The company said in its statement that Peter Mackey will assume the additional CEO responsibilities on an interim basis effective November 18, 2020. Mackey joined…
By Nermina Kulovic Offshore drilling contractor Awilco Drilling is preparing for cost-cutting measures amid a challenging environment in the offshore drilling market. The post Awilco bracing for cost-cutting measures… … Read Full Article Here For more great articles: Offshore Energy Today
By Zlatan Hrvacevic Australian giant Santos has welcomed the New South Wales Independent Planning Commission’s (IPC) decision to give green light to the Narrabri Gas Project. According to Santos, the company will accept the conditions proposed by the IPC and will now work with the Federal Department of Agriculture, Water and Environment as it considers…
By Nermina Kulovic Jadestone Energy has filed a revision of its environment plan for operations at the Stag field, located offshore Australia, to the Australian authorities. The post Jadestone files environment plan… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business amid the sector’s challenging environment. The post Keppel to review offshore & marine… … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic Greece-based LNG shipping company GasLog tightened its losses in the second quarter of the year. Courtesy of GasLog The shipper reported a loss of $21.3 million for the quarter ending June 30, 2020, which compares to a net loss of $26 million reported in the corresponding quarter in 2019. The company noted…
By Nermina Kulovic Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment. The… … Read Full Article Here For more great articles: Offshore Energy Today