Spanish power company Iberdrola is considering the sale of a stake in its U.S. renewables business to help to finance new investments, two sources with knowledge of the matter told Reuters. One of the sources said that Iberdrola had appointed…
Baker Hughes Co on Monday reported results that missed Wall Street's fourth-quarter profit estimate but offered an upbeat outlook on rising demand for oil and natural gas.The oilfield services industry grew last year on higher activity in response to elevated oil prices…
Pipeline operators Gascade and Fluxys are stepping up the pace on plans for a green hydrogen pipeline in the North Sea by applying to the European Commission to qualify for fast-track approvals and funding, they said on Monday. Germany and the…
A CGX Energy Inc. and Frontera Energy Corporation consortium has started drilling the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.To remind, under the Corentyne block license terms, the joint venture was previously required to spud Wei-1…
Charges unveiled by two offshore wind sector leaders highlight the challenges the fast-growing renewables industry is facing, ranging from quality issues to cost inflation, that are hitting profit outlooks. Denmark's Ørsted, the world's No. 1 offshore wind farm developer…
An offshore oil worker went missing from a drilling rig in the UK North Sea, 100 miles southeast of the Aberdeen coast, on Sunday.The BBC reported Monday that a search and rescue operation had been launched after an alarm was raised at around 9 p…
The chief executive of Italy's Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni's backing for an unprecedented fourth term at the top energy group, sources told Reuters.Another three years in office would make Descalzi…
Danish offshore wind installation vessel owner Cadeler has awarded Semco Maritime a contract for vessel modifications as part of the upgrade of main crane capacity on Cadeler’s two O-class windfarm installation vessels (WFIV), Wind Orca and Wind Osprey…
The FPSO built for the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has set sail towards the project site off the coasts of Mauritania and Senegal.The FPSO departed the Cosco shipyard in Qidong, China, on Friday…
Briggs Marine and its sister firm ARB Wind have secured a contract to deliver a temporary dehumidification system for ten offshore wind transition pieces at the Neart na Gaoithe offshore wind farm project to control humidity levels. The Neart na Gaoithe offshore wind farm project is located 15…
Marco Polo Marine, the Singapore-based marine logistics company, has awarded SMST the contract for the delivery of a gangway and a crane for its offshore wind Commissioning Service Operations Vessel (CSOV). The vessel will be used in commissioning…
Bureau Veritas has been awarded the project certification of Arklow Bank Wind Park Phase 2, off the east coast of Ireland at Arklow, Co. Wicklow, following a competitive tender process.SSE Renewables, the owner of the project, will invest up to €2…
Subsea cable maker Hellenic Cables plans to invest around 80 million euros (currently ~$86,47 million) over two years to meet the growing demand for 'electrification driven by the accelerating transition to a low-carbon economy.'The program…
A floating terminal to import liquefied natural gas (LNG) arrived in the port of Brunsbuettel on Friday, the third such vessel to start up in recent weeks as Germany rushes to diversify away from former top supplier Russia.The Hoegh Gannet floating…
The Noble Resolve, a jack-up rig owned by Noble Corporation, has departed the Danish port of Esbjerg and is headed for the Nini West Field in the Danish North Sea. Even though the rig is typically employed in offshore oil and gas drilling, this particular job will be different…
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