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Offshore Wind Developer Orsted Plans $57 Billion Drive to Be No.1 in Green Energy

2021-06-02 16:09:46| OGI

The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at limiting global warming.

Tags: drive green plans energy

 

W&T Offshore Eyes Future Acquisitions Following Mobile Bay Transaction

2021-05-28 14:25:00| OGI

A transaction with Munich Re Reserve Risk Financing provides W&T Offshore with the dry powder needed to continue to accretively grow through attractive producing property acquisitions, CEO Tracy Krohn says.

Tags: future mobile eyes bay

 
 

Offshore Oil Producer Talos Energy Boosts ESG Initiatives

2021-05-28 00:05:00| OGI

Talos Energy, one of the  U.S. Gulf of Mexicos largest public independent producers, established plans for a 30% further reduction of its GHG emissions intensity by 2025 from the baseline levels established in 2020.

Tags: energy oil producer initiatives

 

Report Shows US Offshore Oil, Gas Resources Down

2021-05-26 20:03:29| OGI

The biggest change in undiscovered technically recoverable oil and gas resources offshore the U.S. were seen in the Gulf of Mexico region, the BOEM says.

Tags: report resources shows gas

 

US Aims to Fast-track Offshore Wind Development with Expansion to California

2021-05-25 21:43:29| OGI

The effort is part of the administrations broader plan to fight climate change by decarbonizing the U.S. power sector by 2035 and the entire economy by 2050.

Tags: development california wind expansion

 

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