Norwegian offshore shipbuilder Ulstein, constructing the Nexans Aurora cable layer for Nexans, has this week said that the installation of Maats cable laying equipment on the vessel has begun.Per Ulstein, Maats’ & Marine Fabricators’ installation team arrived on site on October 14…
Republican President Donald Trump and Democratic challenger Joe Biden clashed over the country's response to climate change in their final presidential debate on Thursday, which included a stark disagreement over the future of the oil industry…
Norwegian energy company Equinor said Friday its CFO Lars Christian Bacher would resign from his position.Bacher has been with Equinor since 1991, holding a number of leadership positions over the years, including as offshore installation manager…
Offshore cable specialist NKT has completed the repair of two power cables Skagerrak 1 and 2 between Norway and Denmark, and the cables are now back in operation.The national power grids between Denmark and Norway are connected through four…
The world's largest offshore wind turbine in operation, GE's Haliade-X prototype, has been upgraded, or 'uprated' and is now operating at a 13 MW power output.The Haliade-X wind turbine prototype has been spinning in Rotterdam since November 2019…
Engineering services giant Emerson has won a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oilfield…
Denmark-based offshore wind giant Ørsted has appointed David Hardy as new CEO of its U.S. subsidiary Ørsted Offshore North America. Hardy, who becomes CEO after previously serving as COO, will replace Thomas Brostrøm who has led Ørsted Offshore North America since the summer of 2015As CEO…
Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production at some of its most prolific offshore oilfields.Petroleo Brasileiro SA, as the company is formally known…
Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…
Seaway 7, a Subsea 7 subsidiary focused on renewables, has awarded Trelleborg a contract to provide cable protection for RWE's Kaskasi offshore wind farm project in Germany.Under the contract, Trelleborg will provide 86 integrated cable protection systems…
Gwynt y Mor OFTO, an entity that operates and maintains offshore transmission assets between the onshore grid and the Gwynt y Mor offshore wind farm in Wales, the UK, said Thursday that its export circuit SSEC3 tripped at 16:54 on October 15…
China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…
Greece urged the European Union on Wednesday to reconsider its customs union with Turkey in response to Ankara's continued gas exploration in contested Mediterranean areas, deploring what it termed Ankara's 'imperial fantasies.'After meeting…
Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…
Norwegian carbon capture firm Aker Carbon Capture has signed a Memorandum of Understanding with Sweden’s power company Vattenfall to accelerate the evaluation of future carbon capture plants in Sweden and Northern Europe.Aker Carbon Capture…