Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory …
A new merger may soon be visible on the rig market horizon, as the Switzerland-based offshore drilling contractor Transocean is now allegedly contemplating a business combination with its Bermuda-headquartered rival Seadrill.
The post More rig market c…
More rig market consolidation on the cards as Transocean and Seadrill ponder merger Read More »
The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.
The post Shell and Equinor weeks away from …
A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been …
US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprive Read More »
British renewable energy business Drax Group and compatriot systems design house Smart Green Shipping (SGS) […]
The post Smart Green Shipping secures $1.3 million funding injection to decarbonize shipping with wind-assisted technology appeared fi…