Norwegian state-owned energy firm Statkraft on Tuesday presented its expanded renewables growth strategy out to 2030 seeking to capitalise on stronger European green energy ambitions and lift power generation by up to 50%.'We have an ambition…
Scana-owned PSW Technology has signed a one-year extension of its frame agreement with the Norwegian offshore drilling contractor Odfjell Drilling.The frame-agreement is for maintenance and recertification of marine riser and subsea equipment for all of Odfjell Drilling's offshore drilling rigs…
Hitachi Energy and Petrofac have partnered up to provide grid integration and associated infrastructure to support the growing offshore wind market.In 2021, a record 15.7 gigawatts (GW) of capacity were added, compared to around 5.2 GW per year in 2020 and 2019…
Norwegian marine seismic data acquisition and processing firm TGS on Tuesday announced a new seismic reprocessing project 'designed to secure exploration success in the Western Margins of the Central North Sea.'This project will see the reprocessing of 3…
Oilfield services provider Petrofac Ltd said on Tuesday it expects modest free cash outflow during 2022 due to delays in cash collections from clients, although it projects net debt to be reduced in the second half of 2022.Shares of the company jumped nearly 5% in early trading…
ExxonMobil's Australian subsidiary Esso Australia, the operator of the Gippsland Basin Joint Venture, has recently started a technical tender procedure process for the decommissioning of several offshore platforms in Australia's Bass Strait…
Engineering group Worley has entered into a global master services agreement with the U.S. oil and gas giant Chevron, covering Chevron’s upstream, midstream, and downstream business needs.The agreement can be used by Chevron’s business units…
Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…
The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…
Danish offshore vessel owner Esvagt has won a three-year contract for the Esvagt Don emergency response and rescue vessel.The vessel, which was previously trading the spot marked in UK, Norwegian and Danish sectors, will support Eni's activities in in Liverpool Bay outside the west coast of England…
Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round.Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7…
The Danish government has decided to move the area where the Hesselø offshore wind farm will be built, to an area south of the originally proposed Hesselø location.To remind, a year ago, Danish Energy Agency put on hold the tender for the 800MW-1…
Offshore wind turbine manufacturer Siemens Gamesa has received a firm order to deliver 83 units of its 11MW wind turbine for the 913 MW Borkum Riffgrund 3 offshore wind farm in Germany, being developed by Ørsted.Located some 50 km off the coast of Lower Saxony in the German North Sea…
Offshore wind developer Ørsted and the World Wide Fund for Nature Denmark are testing how 3D-printed reefs installed between offshore wind turbines can benefit biodiversity in the Kattegat, a strait between Denmark and Sweden, which is experiencing a historically low cod stock…
Peterson and Liberty Industrial (Liberty) have entered a strategic alliance that will allow Liberty exclusive use of the Peterson Great Yarmouth Outer Harbour yard facility in the UK.The yard will be used to decommission offshore topsides, jackets…
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