Finance: Saipem Reports 36% Rise in Second Quarter Core Profit - Italian energy contractor Saipem confirmed its 2024 guidance on Wednesday after reporting a 36% rise in adjusted core profit…
natural gas: Venezuela Grants License to BP, NGC for Offshore Gas Project - Venezuela on Wednesday granted a 20-year license to British energy producer BP and state-owned National Gas Company of Trinidad…
Offshore Wind: GE Vernova Says Faulty Manufacturing Led to Offshore Wind Blade Failure - Power services firm GE Vernova on Wednesday said a manufacturing flaw led to a turbine blade failure at the Vineyard Wind…
Subsea Cables: Prysmian Gets $489M from EIB for European Green Transition Push - The European Investment Bank (EIB) and Italian cable maker Prysmian have signed a new $488.7 million (€450 million) finance…
Industry News: New Fortress Energy Secures $700M Loan for Second FLNG Unit in Mexico - One of the world’s leading LNG project developers New Fortress Energy (NFE) has secured a $700 million loan for the second…
Oil and Gas: Equinor Still Considering Reducing Rosebank Oilfield Stake - Norway's Equinor is still considering reducing its 80% stake in Britain's Rosebank oilfield as it seeks to bring the share…
Industry News: SRJ Technologies Acquires Oil and Gas Remote Inspections Services Firm - Australian-headquartered SRJ Technologies has signed an agreement for the acquisition of UK-based Air Control Entech (ACE)…
Offshore Wind: All Inter-Array Cables Laid at Dogger Bank’s First 1.2GW Phase - Deme Offshore has laid all inter-array cables, manufactured by its partner Hellenic Cables, for the first phase of 3.6 GW…
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