ExxonMobil reports it has made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from […]
Rowan Companies plc has announced that ExxonMobil has exercised the first two options for the Rowan Relentless, an R-Class ultra-deepwater drillship. The options will be used for operations in the US Gulf of Mexico and […]
The technology group Wärtsilä has announced the release of GEMS 6 (Greensmith Energy Management System, version 6), the latest generation of its award-winning software platform proven across grid-scale deployments globally. With this latest release, GEMS […]
Siemens Gamesa Renewable Energy (SGRE) has received the order for the 487 MW SeaMade offshore wind power project in Belgium from customer Seamade NV. It includes supply and commissioning of 58 units of the SG […]
Siemens and Aker Solutions have signed a strategic collaboration agreement to further develop digital offerings in engineering, operations and services. The collaboration focuses on the creation of software applications and joint service offerings including the […]
Siemens Gamesa Renewable Energy (SGRE) has reached an important milestone in the localisation strategy for Russia. SGRE and Ruselprom, a manufacturer of electric motors and generators, have signed a manufacturing and supply agreement for the […]
Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly USD 500 million to further expand its Daesan integrated refining and petrochemical complex in South Korea. The planned investment will increase […]
Royal Dutch Shell plc has announced plans to set short-term targets as part of a long-term ambition to reduce the Net Carbon Footprint of its energy products. The company plans to link these targets to […]
Hexagon Composites ASA has announced the closing of the announced acquisition of Digital Wave Corporation. The closing of the transaction was completed on 30 November. With this acquisition, Hexagon Composites will fully integrate capabilities for […]
A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa fields in Norway for 4.52 billion NOK (approximately USD 526 million) to OKEA AS. With the deal completion, Shell exits […]
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