Wave energy technology developer Mocean Energy has secured over £3 million EU funding to develop and deploy a 250kW wave machine in Orkney.The wave energy device – named Blue Horizon 250 – will be manufactured in Scotland and deployed in a grid…
BP CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output…
UK-based union Unite said Monday that offshore workers employed by Petrofac Facilities Management Limited on the Kittiwake platform would be balloted on strike action.'Around 30 Unite members on the EnQuest-owned asset will take part in the ballot…
Dutch offshore installation services firm Boskalis has secured two contracts for the transportation and installation of the export and array cables for the Baltica 2 offshore wind farm off the coast of Poland. The two contracts have a combined value which is considered to be 'large…
Norwegian oil and gas company Vår Energi has appointed Nick Walker as its Chief Executive Officer (CEO), with its former CEO, Torger Rød, assuming the new role as Chief Operating Officer (COO) with a focus on 'continuous improvement, integration…
British North Sea-focused oil producer EnQuest reported a loss after tax for the first half of this year on Tuesday, hit by the UK's windfall tax on the sector.The company, which has operations in the UK and Malaysia, reported loss after tax of $21…
Workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) projects in Australia plan a total strike for two weeks from Sept. 14, a union alliance said on Tuesday, a significant escalation on disputes over pay and conditions.The…
Norwegian oil and gas firm Aker BP on Monday celebrated the first official steel cut for its two major developments, Yggdrasil and Valhall PWP-Fenris on the Norwegian shelf. The event at Stord marks the start of three years of high activity…
The leaders of Israel, Greece and Cyprus pledged to deepen their energy cooperation on Monday and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.The eastern Mediterranean has yielded major gas discoveries in the past decade…
Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes that were launched during the country's previous administration. The oil giant said…
Facility management services firm Coor has won a contract extension with Norway's Aibel, a service company specializing in oil, gas and renewable energy. Since 2014 Coor has developed and delivered integrated facility management services to five of Aibel’s facilities in Norway…
Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a 'fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe…
Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem, has secured an Approval in Principle (AIP) from the classification…
Offshore construction has officially started at RWE’s 1.4 gigawatts (GW) Sofia Offshore Wind Farm to install essential subsea cable infrastructure from the UK’s northeast coast to the wind farm site on Dogger Bank, in the central North Sea.Cable…
Carbon capture and storage (CCS) technology is key to ensuring the survival and competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.The two groups joined forces…
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