North Sea oil firm NEO Energy said today it would strive to cut the carbon intensity of its production operations in half by 2030.
London and Toronto-listed oil firm i3 Energy said today it would complete a balance sheet restructuring "shortly", which would allow it to pay a maiden dividend.
Australia is expected to see 118 oil and gas projects start operations across the value chain between 2021-2025, making up 6% of the total project starts in the Asia-Pacific (APAC) region, according to GlobalData.
Malaysian offshore service provider Tanjung Offshore, part of T7 Global, has received a $12.2 million contract from Petronas for the provision of plug and abandonment integrated services on the Pulai A field offshore Malaysia.
Everyone you talk to agrees environmental, social, and governance (ESG) is critical to finance. Where people differ, though, is how best to achieve the goals this timely initialism sets out to capture.
Activist group Justice For Myanmar, which documents military-linked financial matters in the country, has accused French major Total of making excessive profits at Myanmar’s expense.
Malaysia’s Velesto Energy is evaluating potential recovery options for its jack-up drilling rig NAGA (dragon) 7 that sunk off the Malaysian state of Sarawak while working for ConocoPhillips.
The people who will deliver the UK Government’s offshore wind power goal of quadrupling generation to 40GW by 2030 are already among us, a subsea sector chief believes.
The appointment of a director for the National Subsea Centre (NSC) was announced some 15 months ago, in February 2020.
There’s a risk efforts to improve gender equality in renewables could falter unless firms begin to take an “active role” in boosting diversity, it has been warned.