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South China: Guangdong province to build its first offshore wind farm

South China’s Guangdong province will launch this year the construction of its first offshore wind farm which will have a capacity of 198 MW and will be connected to the grid in 2014, according to Guangdong Electric Power Development Co. Ltd. on Monday.

read more... 31/01/2012

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Statoil increases offshore gas reserves at its Snøhvit field

The Norwegian oil giant, Statoil is boosting the volume of gas reserves believed to be contained in its Snøhvit offshore field in the Barents Sea.

read more... 31/01/2012

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US to put a new lease of sale of the Gulf of Mexico blocks

Obama administration has decided to put a new lease of sale in the Gulf of Mexico with around 7250 offshore blocks for oil and gas exploration.

read more... 30/01/2012

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Chevron hits the 13th offshore gas discovery in Australia

US energy giant Chevron has recently announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia, being the 13th offshore natural gas discovery since 2009.

read more... 24/01/2012

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Venezuela: Major gas agreement with Eni and Repsol

Venezuelan state energy giant Petroleos de Venezuela (PDVSA) inked a supply contract with Italy's Eni SpA and Spain's Repsol YPF for development of the South American country's massive offshore Perla gas field.

read more... 27/12/2011

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