Canadian province Nova Scotia has set a target to offer leases for five gigawatts of offshore wind energy by 2030.“Setting this target sends a clear signal to the world that Nova Scotia is open for business and becoming an international leader in offshore wind and green hydrogen development…
Germany confirmed the nationalization of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion) on Wednesday as it scrambles to secure power for Europe's largest economy after Russia cut back supplies.Nationalizing Germany's…
Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…
Norway's crude oil output in August missed the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output rose to 1.77 million barrels per day (bpd) in August from 1…
Offshore drilling contractor Odfjell Drilling has signed a contract with Shell in Norway for the use of the offshore drilling rig Deepsea Yantai.The 2019-built rig is owned by China's CIMC and managed by Odfjell Drilling.The contract, announced Tuesday…
Dutch grid operator Tennet said on Tuesday it would launch a tender to build high voltage cable lines running between land in Germany and the Netherlands and connectors near wind turbine parks being built in the North Sea. In a statement…
Singapore-listed firm Marco Polo Marine said Tuesday it planned to build, own and operate a new Commissioning Service Operation Vessel (CSOV) to meet the rising demand for support vessels required to service the booming offshore wind farm industry in Asia…
The UK-based National Oceanography Centre (NOC) has started conducting research with the robot submarine ‘Boaty McBoatface’ on end-of-life oil fields off the coast of the Shetland Islands to help monitor and protect the marine environment in…
Offshore engineering and construction firm McDermott International said Tuesday that it secured a 'significant' contract with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million…
UK-based Certex UK said Monday it had secured a major framework to supply statutory inspection and maintenance of Balance of Plant (BoP) equipment at the 114-turbine, 1,075MW Seagreen Offshore Wind Farm, located off the coast of Angus in the North Sea firth…
The Marine Energy Test Center (METCentre) in Norway has been licensed to test four new offshore wind turbines on the Norwegian west coast. Arvid Nesse, head of METCentre and Norwegian Offshore Wind, said: 'This expansion strengthens Norway's…
Mubadala Energy on Tuesday confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas…
Dutch firm Damen Shipyards said Tuesday it was working to develop a new class of vessel that will be capable of supporting the growing floating wind industry.Damen has cited forecasts which indicate that by 2050 over 200GW or around 13,500 units…
President Vladimir Putin last Friday denied Russia had anything to do with Europe's energy crisis, saying that if the European Union wanted more gas it should lift sanctions preventing the opening of the Nord Stream 2 pipeline.Speaking to reporters…
Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…
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