Energy

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26.

Equinor has entered into an agreement with Eni to sell a 10% interest in the Dogger Bank Wind Farm C project in the UK.

The technology group Wärtsilä will supply a 25 MW / 27 MWh advanced energy storage system for Bahamas Power and Light Company (BPL).

STATS Group has established a new Australian entity and will invest up to $AUD 2 million (£1 million) in workshop facilities and intervention equipment to support its drive in the country’s pipeline integrity market.

Equinor, the leading developer in floating offshore wind has designed a new floating wind concept that will enable industrial standardisation and maximise opportunities for local supply chains.

Equinor, with partners PGNiG Upstream Norway and Longboat Energy Norway, has found oil in exploration well 6407 / 1-9 - Egyptian Vulture. Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in the well, corresponding to 19-62 million barrels.

After two days of doing business, networking, celebrating innovation, and making new connections and collaborations, the 14th edition of Offshore Energy Exhibition & Conference 2021 (OEEC) can look back at a fruitful and inspiring event. The event brought together over 350 exhibitors and 5.000 visitors at the Home of Energy Transition in the RAI Amsterdam. Next year Offshore Energy Exhibition & Conference takes place on November 29-30, 2022.

Scottish firm FoundOcean has announced today that it has joined Venterra Group – a new wind energy services company, bringing together the expertise of three trusted names in offshore energy.

The Science Based Targets initiative (SBTi) has launched the Net-Zero Standard as the world’s only framework and leading standard for aligning corporate net-zero targets with climate science. As part of the launch, Ørsted’s 2040 net-zero full value chain decarbonization target has now been validated as science-based.

How to make this ambition a reality was one of the topics discussed during the 7th DISE Energy Congress that took place in Wroclaw, Poland on September 29-30th, 2021.

Nekkar ASA's (Nekkar) subsidiary company, Intellilift AS, has established a joint venture (JV), Inteliwell, with a subsidiary of Transocean Inc. (Transocean) for the purpose of commercializing products and services based on a digital well construction solution that is currently being developed in close cooperation between the JV partners.

Siemens Energy has been awarded its first offshore grid connection project in the United States.