The U.S. oilfield services sector lost 91,680 jobs due to pandemic-related oil demand destruction, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA) on Tuesday.Demand for drilling…
Mitsubishi Heavy Industries (MHI) is not in discussions to gauge Siemens Energy's interest to sell all or parts of wind turbine maker Siemens Gamesa, the group said on Tuesday.Spanish newspaper Expansion a day earlier had cited financial sources…
Motive Offshore, a UK-based marine equipment provider has acquired subsea equipment experts, Flowline Specialists, for an undisclosed sum.Motive, based in Boyndie, Banff, Scotland, said that the deal is the latest development in Motive’s growth trajectory…
Triumph Subsea Services has signed a contract with the Croatian shipbuilder Brodosplit for the construction of a field development vessel.Triumph said Tuesday that the contract was for one firm vessel, with options to order three more.Options…
The Norwegian authorities have approved Aker BP's development and operation plan for the Hod field in the Norwegian part of the North Sea.Aker BP submitted the plan for development and operation of the Hod offshore field to the Ministry of Petroleum and Energy in June…
Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…
Dutch offshore survey services firm Fugro has won three geotechnical investigation contracts for IJmuiden Ver, the largest offshore wind farm (OWF) zone to be developed in the Dutch part of the North Sea. IJmuiden Ver Wind Farm Zone (IJVWFZ) is located 33…
Italy’s Eni will expand its renewable energy in Europe, the U.S., and the Pacific by developing its own projects and making small acquisitions, the group’s clean energy head said on Friday.Eni, which currently has a renewable energy capacity of only 350 megawatts…
British energy regulator gave the go-ahead on Tuesday for up to 40 billion pounds ($53.4 billion) in spending by the country's energy network companies between 2021-2026, partly aimed at preparing the grid to deal with more renewable generation…
Norwegia oil and gas firm Equinor has drilled a dry well near the Tordis field in the North Sea offshore Norway.Equinor, using the Deep Sea Atlantic drilling rig, has completed the drilling of the wildcat well 34/7-37 S in the production license…
Woodside Petroleum Ltd said on Tuesday it has started looking for a successor for its long-time chief executive Peter Coleman who plans to retire in the second half of 2021.The change in guard comes at a tricky time for Australia's top independent gas producer…
Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…
The floating offshore wind industry, still considered nascent with around 100MW installed capacity - and minuscule compared to the installed capacity of its „older brother,“ - that is the conventional, fixed bottom offshore wind industry (29GW…
Norwegian energy giant Equinor has joined what has been described as Europe's largest green hydrogen project - NortH2. The project aims to produce green hydrogen using renewable electricity from the offshore wind off the coast of the Netherlands of about 4 gigawatts by 2030…
An Australian company has lined up the country's national science agency and Japanese firms to work on a plan to capture carbon dioxide, and liquefy and transport it to a site offshore Australia to be injected under the seabed.The push comes…
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