Latest news and insights from energy.
Shell and its joint venture partners have made a positive final investment decision on Phase 2 of LNG Canada, reportedly spending between 21 and 23 billion dollars to double the production capacity of the Kitimat facilit…
TotalEnergies, together with partners SOCAR and XRG, has taken the final investment decision for the full field development of the Absheron gas and condensate field in the Caspian Sea. Located 100 kilometres south-east o…
Pacifico Energy Vietnam, the Vietnam-based development platform of US-based Pacifico Energy, has secured survey licence approval for the 1.3-GW Nam Trung Bo 3 offshore windfarm. The project is identified in Vietnam's pow…
Marketed global offshore rig utilisation has remained at 87 percent for five consecutive months, indicating an overall levelling out of the supply and demand balance, according to Westwood Global Energy Group. While over…
China-based Envision Energy has unveiled a large offshore wind turbine, the EN-252/16.7, which it plans to use to target the fast-growing European offshore wind market. The company describes the 16.7 MW turbine as a next…
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