Shell, Mitsubishi Heavy Industries (MHI), Vattenfall, and municipal company Wärme Hamburg are planning to jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. In addition…
Norwegian drone company Nordic Unmanned has signed a contract with energy giant Equinor to conduct a study on how Remotely Piloted Aircraft Systems (RPAS) could be used in offshore airspace between installations and vessels, in search and rescue (SAR) operations…
Construction work on the Nord Stream 2 gas pipeline could be stopped for an indefinite period in German waters but opponents still need to give detailed reasons to justify the halt, Germany's federal maritime regulator BSH said on Thursday.Two…
Australia’s Woodside Energy sees the liquefied natural gas (LNG) market tightening this year, with demand growing especially in Asia, after prices were battered by a supply glut in 2020, its chief executive said on Thursday.LNG supply in 2021 will be partly tighter as Woodside…
Norwegian offshore vessel operator Havila Shipping has won a charter deal with offshore cable provider Nexans for its Havila Phoenix subsea construction vessel.The contract with Nexans Norway is for a firm period of 90 days with optional periods of 90 days and is expected to start during April 2021…
According to Rystad Energy, offshore maintenance budgets were slashed by at least 35% in 2020, thanks to severe spending cuts and Covid-19 restrictions. This could create conditions with a result of equipment failure, asset downtime, and critical health and safety issues…
Abu Dhabi-based oil and gas company Mubadala Petroleum has acquired a stake in an offshore block in Egypt. Mubadala said Thursday that Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, had signed the concession agreement…
North Sea-focused oil company NEO Energy has entered into exclusive talks with ExxonMobil to buy the U.S. oil giant's UK North Sea assets.NEO, backed by Norwegian private equity investor HitecVision, said Thursday that if the talks are successful…
Baker Hughes Co on Thursday joined larger rival Halliburton Co in saying the energy industry's worst downturn in decades should bottom out this year.Oil and gas producers have been forced to cut their budget, restructure operations and reduce employees…
The United Kingdom, Kuwait, Canada, United States, Colombia top energy intelligence firm Rystad's list of countries that offer the best fiscal conditions for the development of large offshore oil fields.After what has been described as a disappointing year for offshore sanctioning…
Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition of an oilfield in Nigeria by Eni and Shell.The long-running graft case revolves…
Norway expects to award oil and gas exploration permits in frontier regions of the Arctic in the second quarter, Oil and Energy Minister Tina Bru told parliament on Thursday.The government in November said it would offer drilling permits in nine offshore regions containing 136 blocks…
Heerema Marine Contractors' concepts for the silent installation of offshore facilities' foundations have received a Statement of Feasibility from the global quality assurance firm DNV GL.Heerema has been working on developing 'silent foundations'…
UK-based consultancy Mott MacDonald has been appointed as the technical integration and optimization contractor for the NortH2 project, dubbed the largest green hydrogen project in Europe.The contract was awarded to Mott MacDonald by the NortH2 Consortium…
Swedish firm Trelleborg will provide cable protection for Jiangsu Qidong offshore wind project in China, under a contract awarded by Torgy LNG.As part of the deal, Trelleborg will provide 190 integrated cable protection systems for the offshore wind farm project…
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