News & Press Releases
News & Press Releases
Canada Accelerates Efforts to Develop Offshore Wind Projects
Canada has taken another step toward solidifying its place on the global renewable energy stage, directing attention to the offshore wind industry’s rapid growth. The move marks another stride in the country’s broader ambition to strengthen its role as...
News & Press Releases
ACHEMA Middle East Executive Launch sets the stage for the regions’s most anticipated process industry platform in 2026
ACHEMA Middle East was officially launched at an executive-level ceremony in Riyadh, Saudia-Arabia, on 18 September 2025, marking the beginning of a new era for the region’s process industries. Organised by DECHEMA in strategic partnership with Messe Frankfurt and supported...
Companies
ExxonMobil to Proceed $6.8B Hammerhead Project in Guyana
ExxonMobil has reached a final investment decision to move forward with the Hammerhead development offshore Guyana, following the completion of regulatory approvals. Hammerhead, located on the Stabroek block, will be the company’s seventh project in the area and is...
Companies
Companies form Hydrocarbon Exploration Consortium in Peru
Chevron, Anadarko, and Westlawn have finalized a consortium agreement to advance hydrocarbon exploration off the peru coast. Initial item in the agenda is analyzing results from a 3D marine seismic survey before deciding on drilling plans. The deal involves...
Africa
TotalEnergies Enters Oil Exploration Contracts in Liberia
TotalEnergies has entered into four new Production Sharing Contracts (PSCs) covering offshore exploration blocks LB-6, LB-11, LB-17, and LB-29 in Liberia’s southern basin. The agreements, signed following the 2024 Direct Negotiation Licensing Round led by the Liberia Petroleum Regulatory...
Companies
UN Global Compact Joins Global Offshore Wind Alliance (GOWA)
The United Nations Global Compact Ocean Stewardship Coalition has now joined the Global Offshore Wind Alliance (GOWA) formally, reaffirming initiatives to scale up offshore wind as a catalyst for the clean energy transition and the Sustainable Development Goals (SDGs)....
Europe
Netherlands Unveils €1B Offshore Wind Energy Action Plan
The Netherlands government has released its Offshore Wind Energy Action Plan, allocating nearly €1 billion to enable expansion of offshore wind farms in the Dutch North Sea.
Offshore wind is at the forefront of the Netherlands' energy transition, with offshore...
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