Inpex, Japanese oil and gas firm inked memorandums of understanding (MoUs) with PT PLN Persero (PLN) and PT Pupuk Indonesia for the long-term domestic LNG and pipeline natural gas supply from the Abadi LNG project offshore Indonesia.
After the WHO confirmation that COVID-19 is a pandemic, Britain’s oil and gas sector association OGUK announced restrictions on workers traveling to offshore installations.
The US offshore wind industry can deliver important economic benefits over the next decade, according to the ”U.S. Offshore Wind Power Economic Impact Assessment” report, released by the American Wind Energy Association (AWEA).
Following the COVID-19 pandemic, the Norwegian Petroleum Directorate issued restrictions concerning the presence in the Directorate’s offices for persons who have been in areas with prolonged spread of coronavirus, while the the Petroleum Safety Authority (PSA), said on Thursday that it was prioritizing the maintenance of its supervisory activities as far as possible given the spread of the coronavirus.
Russia will slash taxes for oil and gas companies that want to conduct business in the Arctic, under a new polar development plan the will span for the next 15 years. The Arctic Master Plan was signed by Putin.
Rystad Energy estimates that the decision taken by the Papua New Guinea (PNG) to halt the talks with ExxonMobil about the state’s share of revenues from the planned P’nyang gas field development is expected to delay two key LNG projects that would double the country’s gas output.
The port of Rotterdam reported that the coming decades will present a development in the number of wind farms in the North Sea, providing opportunities to the port and the companies on this segment.
According to Reuters, the Swiss UBS Bank decided to stop providing its support concerning drilling in the Arctic. In fact, the bank will stop funding future offshore oil and gas projects located in Alaska, amid efforts to face climate change.
Polish Port of Gdynia announced its expansion plans which will enable the port to accommodate the construction and operation of offshore wind farms in the Polish Baltic Sea. Poland aims to develop 8GW of offshore wind energy in the Baltic Sea by 2035.
UK’s Defence and Security Accelerator (DASA) launched a competition for proposals that can provide future offshore wind farm mitigation for UK Air Defence surveillance. The competition will close on April 7 and DASA expects multiple proposals to be funded with up to GBP 2 million available in total from the BEIS Energy Innovation Programme.
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