President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the region's bloc called an emergency summit to tackle skyrocketing prices.Energy demand has surged as economies have rebounded from the pandemic…
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Wednesday.A minority coalition of the leftwing Labour Party and the…
Offshore wind developer Ørsted has signed a contract with offshore installation firm Jan De Nul for the transport and installation of 107 monopile foundations and one offshore substation topside at Gode Wind 3 and Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…
Spanish floating wind technology company X1 Wind has completed the rotor assembly for its 'downwind' floating wind system.'Fitted with a specially adapted V29 Vestas turbine, the unique ‘downwind’ system is able to ‘weathervane’ and orientate passively with the wind to maximize energy yields…
The Kremlin said on Wednesday that Russian gas giant Gazprom was supplying gas to Europe at maximum levels under existing contracts and any increase would need to be negotiated with the company.'Nothing can be delivered beyond the contracts…
Offshore drilling firm Aquadrill - ex-Seadrill Partners - has secured a contract for its Capella drillship in Indonesia.The MPD outfitted 6th generation drillship, managed by Vantage Holdings International, will drill two wells, with an option for two more…
GE Renewable Energy's LM Wind Power, a designer and manufacturer of rotor blades for wind turbines, has launched its second 107-meter wind turbine blade mold at its Cherbourg factory in France, to address the industry’s demand for offshore wind turbine blades…
Offshore drilling firm Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40% from 2019 levels by 2030.“Globally, almost one billion people lack access to electricity, and all of us desire…
Dutch marine contractor Van Oord has selected Danish offshore installation specialist Cadeler to assist it with executing the Hollandse Kust Noord offshore wind project in the Netherlands.Hollandse Kust Noord will be completed in 2023 and will have 69 x 11MW turbines…
A large-scale offshore wind-powered green hydrogen facility could be built in Orkney, UK, if a proposal by the Offshore Wind Power Limited (OWPL) consortium receives necessary approvals.The consortium formed by Macquarie’s Green Investment Group…
SBM Offshore, one of the world's largest suppliers of floating, production, storage, and offloading (FPSO) vessels for the offshore oil industry, is looking at ways to diversify its offering, with a more dominant role predicted for gas in the future…
Equinor's Johan Castberg Arctic oilfield will cost some 10% more to develop than expected a year ago, and will start production later than expected, primarily due to the pandemic, the Norwegian government's budget showed on Tuesday.The project…
Norwegian oil company OKEA, the operator of the Vette license offshore Norway said Tuesday it had decided to propose to the license partners not to develop the Vette discovery further, 'due to the project’s insufficient financial robustness…
Marine robotics company Ocean Infinity has acquired Norway-based company Red Rock, a company providing offshore lifting and handling equipment, as well as AI-supported autonomous equipment and operations.Announcing the acquisition, Ocean Infinity…
Dutch offshore services company Fugro has won a contract with Denmark's Energinet to provide floating wind lidar measurements for what will be the world’s first offshore artificial energy islands, which is being built for the Danish Government…