Upstream

This post was originally published on this siteBritain’s latest subsidy auction to help support new renewable energy projects awarded contracts to projects capable of generating a record 11 gigawatts (GW) of electricity…

This post was originally published on this siteOffshore drilling contractor Stena Drilling has secured a new drilling contract from BP for operations offshore Canada. The post BP selects Stena drillship to drill Canadian well appeared first on Offshore Energy.

This post was originally published on this siteU.S. LNG project developer NextDecade and Chinese utility Guangdong Energy have executed a 20-year sale and purchase agreement for the supply of LNG from NextDecade’s Rio Grande LNG export project. The post Guangdong Energy to buy 1 MTPA from NextDecade’s Rio Grande LNG appeared first on Offshore Energy.

This post was originally published on this siteA methanol dual fuel 300,000 DWT very large crude oil carrier (VLCC) has received approval in principle (AIP) from classification society Korean Register (KR). The post Methanol dual-fuel VLCC design wins KR approval appeared first on Offshore Energy.

This post was originally published on this siteThe UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded the offshore wind farm developer Ørsted a contract for difference for its Hornsea 3 offshore wind farm…

This post was originally published on this siteVattenfall said Thursday it had won Contracts for Difference for the Norfolk Boreas offshore wind farm, the first phase of Vattenfall’s Norfolk Offshore Wind Zone…

This post was originally published on this siteHellenic Cables has signed an exclusivity and capacity agreement (ECA) to supply 66 kV XLPE-insulated inter-array cables and associated accessories for the Hai Long…

This post was originally published on this site Oil prices experienced their biggest fall in nearly four months on Tuesday, reflecting concerns that a slowdown in the economy could reduce demand for fuel as a result of widespread sell-off in the commodities market.  Analysts have warned that rising oil and gas prices, stemming from changes

This post was originally published on this siteOil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns…

This post was originally published on this siteFloating wind farm developer Hexicon Korea has agreed to sell its entire Yeonggwang Project, a floating offshore wind project off the south-west coast of South Korea…