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ExxonMobil Moçambique has signed a letter of intent with Saipem and Jan De Nul for the Rovuma LNG project's upstream engineering, procurement and technical services. The agreement, signed on behalf of the Area 4 partners…
Offshore wind developer Ørsted says it is satisfied with a final opinion from tax authorities in the UK and Denmark regarding a long-running taxation dispute. An advisory commission established under the EU Arbitration C…
Standardising turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28 percent by 2050, according to a DNV-led study. The j…
US-based Pacifico Energy has submitted an investment declaration worth more than 1 billion dollars for its Manho and Jindo Baram offshore wind projects in Korea. Submitted to South Korea's trade ministry at a US investme…
TotalEnergies has completed a transaction with Galp to acquire a 40 percent operated interest in Namibia's PEL83 licence, which holds the Mopane discovery. In exchange, Galp acquires interests in the PEL56 and PEL91 lice…
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