News

  • ExxonMobil readying West Barracouta final infrastructure

    ExxonMobil subsidiary Esso Australia Pty Ltd is nearing completion of its West Barracouta gas project in Bass Strait. The unit is readying construction of the project’s final subsea infrastructure.   The arrival of the Subsea 7 Seven Eagle Diving Support Vessel in Victoria this month…

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  • BP and Qantas Form Strategic Partnership to Advance Net Zero Emissions

    Qantas and BP have announced a strategic partnership to further advance their shared net zero ambitions. Through the collaboration, the companies will work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry…

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  • Keppel to exit offshore rig building business

    Keppel Corporation has reported it will transform its wholly-owned subsidiary, Keppel Offshore & Marine (Keppel O&M), so that the business is well-placed to support the energy transition.   Keppel O&M will exit the offshore rig building business, after completing the existing rigs under construction.  …

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  • Gas Pipeline Owners Eye Hydrogen Potential

    Three million miles of natural gas pipelines criss-cross the US, and the fight against climate change could render them all obsolete.   The last two weeks alone illustrate the stakes. President Joe Biden cancelled the permit for the US$9 billion Keystone XL oil pipeline on his first…

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  • Petrobras, ExxonMobil identify hydrocarbons offshore Brazil

    Petróleo Brasileiro SA (Petrobras) will analyse well data to assess the potential of a hydrocarbon discovery at a Block C-M-411 well in the Campos basin presalt.   The data will also be used to direct exploratory activities in the area.   Well 1-BRSA-1377-RJS (Urissanê) lies…

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  • Norwegian trio forming offshore wind development consortium

    Aker Offshore Wind and its majority owner Aker Horizons will collaborate with Statkraft to investigate potential offshore wind power projects on the Norwegian continental shelf.   The three parties are interested in developing and operating large-scale offshore wind parks in Norway which would export green…

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  • People in the News

    Apollo names MS Amlin’s Johnston head of marine and energy liability Apollo Syndicate Management has named Rob Johnston as head of marine and energy liability at Apollo Syndicate 1969.   Former Novae renewable energy class underwriter Del Villano to join AIG AIG has hired former…

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  • ScotGov Proposes Halting Overseas Oil Support

    The Scottish government has announced a new proposal to end all its overseas trade backing and promotion activities solely focused on fossil fuel goods and services by COP26.   The government, which said it will consult with the industry on its proposal, noted that there…

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