Offshore wind developers Ørsted and Eversource said Monday they had submitted a joint proposal in response to Rhode Island's offshore wind solicitation. Ørsted said that the proposed project, named Revolution Wind 2, would, if selected, create 'hundreds…
Norwegian oil company Aker BP has started production from the Frosk field development in the Alvheim area, offshore Norway.The Frosk field is tied back to Alvheim FPSO in the North Sea via existing subsea infrastructure. The field, discovered in 2019…
An ailing worker was airlifted from a platform in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its District Eight watchstanders received a call at approximately 7 a.m. from the aircrew of the Acadian Air…
The U.S. Department of the Interior said Monday that President Biden would take action to designate about 2.8 million acres in the Arctic Ocean nearshore the National Petroleum Reserve-Alaska (NPR-A) as indefinitely off-limits for future oil and gas leasing…
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for the well 6406/5-2 S, in the Norwegian Sea, off Norway.NPD said Monday the drilling would start in March, using Odfjell Drilling's semi-submersible drilling rig Deepsea Stavanger…
New Orleans-based wind turbine rotor specialist Gulf Wind Technology (GWT) said Monday it had partnered with Shell New Energies US LLC (Shell), through a $10 million investment by the energy company, to create the Shell Gulf Wind Technology Accelerator program…
Welsh Ministers have granted a Section 36 consent with deemed planning permission to Blue Gem Wind consortium to build and operate the Erebus floating wind project. The news follows the recent decision by Natural Resources Wales to provide the…
A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, say industry officials who are pressing for changes ahead of this week's budget.The British government has set targets for major increases in wind generation…
Malaysia's state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy…
Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters.Companies have proposed reactivating a dormant gas pipeline…
Kongsberg Digital said Monday it had entered a five-year deal with Shell to digitalize its global assets using Kongsberg Digital's digital twin technology.The Norwegian company said the contract was an amendment to the framework agreement signed in 2020…
Maritime classification society DNV has appointed Torgeir Sterri as the new Offshore Classification Director for DNV Maritime, with effect from 1 March 2023.Lucas Ribeiro, former Area Manager for Iberia, Italy, and Malta, will succeed Sterri as Regional Manager for West Europe…
Finland-based marine technology company Wärtsilä has signed a five-year vessel maintenance deal with Abu Dhabi-based firm National Petroleum Construction Company (NPCC).Wärtsilä said that the agreement covered seven vessels in the NPCC fleet and was designed to maximize operational uptime…
Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the previous year on higher energy prices, increased volumes sold, and improved margins for refined products.The profits, which are around triple that of Exxon's $56 billion…
Inhabitants of the tiny island of Christiansö in the Baltic Sea found themselves in the glare of global media attention this week after reports alleging a boat moored off the rocky outcrop was used to blow up the Nord Stream gas pipelines. 'Practically…