India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks
the supply of raw materials critical for its energy transition.The world's third-largest emitter of greenhouse gases, it aims to add 500 gigawatts (GW) of renewable energy by 2030, up from 165 GW currently, while aiming for net zero emissions by 2070.(Reuters - Reporting by Neha Arora; editing by Jason Neely
Drag Marks Found on Baltic Seabed After Finland-Estonia Interconnector Damage
tankers being used to evade sanctions on exports of Russian oil.The Kremlin said on Friday that Finland's seizure of the ship was of little concern to it.Russia has denied involvement in any of the previous Baltic infrastructure damage incidents.(Reuters - Reporting by Terje Solsvik; editing by Jason Neely
Operators to Inspect Finland-Estonia Gas Pipeline for Possible Leak
in the wake of Moscow's invasion of Ukraine.Situated at Inkoo, the Exemplar FSRU vessel has supplied gas to Estonia via the Balticconnector.Elering said there was no shortage of gas supply in Estonia as its customers were receiving gas from Latvia.(Reuters - Reporting by Terje Solsvik; editing by Jason Neely
Norway Finds 'Substantial' Mineral Resources on Its Seabed
of Marine Research said in a consultation letter. The NPD said its estimates showed resources "in place", and further studies were needed to establish how much of those could be recovered with acceptable environmental impact. I(Reuters - Reporting by Nerijus Adomaitis; editing by Jason Neely)INSIGHT-Norway eyes sea change in deep dive for metals instead of oi
Saipem Confirms Targets After Return to Core Profit
positive performance in offshore engineering & construction and drilling on the back of a global surge in demand for oil and gas infrastructure.Saipem expects to record adjusted EBITDA of more than 500 million euros this year.($1 = 0.9863 euros)(Reuters - Reporting by Francesca Landini, editing by Jason Neely and Keith Weir
Fukushima Water Release Plan Gets Initial OK from Japan Regulator
factors such as the performance of equipment for diluting water with seawater, how to stop the release of water in the event of an abnormality and counter-measures against earthquakes and tsunami, the official said.(Reuters - Reporting by Yuka Obayashi, Kiyoshi Takenaka; editing by Rashmi Aich and Jason Neely
Aker BP Q1 Swings to Record Operating Profit
$30 (per barrel)," said Citigroup, which rates the shares a "buy".While it primarily plans to focus on organic growth, with around 10 new projects in its pipeline, Hersvik said he also saw some opportunities to combine this with acquisitions. (Reuters; Editing by Terje Solsvik and Jason Neely
Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil
what the oil and gas industry has achieved over the last 50 years, and you can stand on the shoulders of it," said Walter Sognnes, chief executive of start-up LOKE Marine Minerals and a former co-founder of several oil firms.(Additional reporting by Yuka Obayashi; editing by Gwladys Fouche and Jason Neely
Bourbon's Creditors Seal Restructuring Deal
session trading, although it is still down around 36% so far this year.The creditors said their restructuring deal would result in the conversion of around half of 2.7 billion euros ($3 billion) of debts into new capital for the company.($1 = 0.8880 euros)(Reporting by Sudip Kar-Gupta; editing by Jason Neely
February 2025
