Latest news
Eni achieves the sale of 10% in Zohr gas Field, offshore Egypt
The Italian energy major Eni has inked a deal in Cairo on February 13 to complete the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt, which includes the supergiant Zohr gas field.
read more... 14/02/2017
Eni launches production at Angola’s East Hub
Italian oil and gas company Eni and its partners commenced production five months ahead of schedule at its East Hub Development Project, offshore Angola.
read more... 09/02/2017
Shell to exit from Danish offshore joint venture
Royal Dutch Shell is reportedly eying the exit from the Danish Underground Consortium (DUC), an offshore oil and gas joint venture, according to three banking sources.
read more... 07/02/2017
Dong targets to phase out coal-fired electricity generation by 2023
Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.
read more... 06/02/2017
Europe on course to double offshore wind capacity by 2020
Europe is on course to double its offshore wind energy capacity by 2020 after record investment last year, even though more projects should be awarded to preserve costs decreasing in the longer term, as stated by industry group WindEurope.
read more... 27/01/2017