Two Norwegian labour unions have signed new wage deals with oil service companies, the unions said on Thursday, preventing a strike among workers.Some 646 members of the Safe and Industri Energi unions had threatened to go on strike at companies such as Schlumberger…
Europe's move away from Russian gas provides a ready and lucrative market for a vast project being developed in West Africa, Mauritania's oil minister said on Thursday.As Russia has reduced gas supplies to Europe and Europe seeks to limit its dependence on Russian gas…
Offshore wind installation specialist Cadeler has won a contract to install 60 Siemens Gamesa offshore wind turbines off the coast of Scotland.The contract for the installation of the giant SG 14-222 DD offshore wind turbines at the Moray West…
With the growing offshore wind ambitions in Europe, where four countries recently agreed to jointly install at least 65 gigawatts of offshore wind energy by 2030, a new tender approach will be required so the supply chain can keep up with these ambitions…
Offshore wind turbine manufacturer Siemens Gamesa will deliver sixty SG 14-222 DD offshore wind turbines for the Moray West offshore wind power project in the UK. After being selected preferred bidder by Moray West in October 2021, Siemens Gamesa…
Offshore drilling contractor Seadrill on Wednesday announced it has been awarded contract extensions for three of its jack-up rigs for work offshore in the Arabian Gulf.The firm term of each contract is three years with commencement in direct continuation of the current contracts…
Egypt's state-owned gas company and U.S.-based Chevron Corp on Monday signed a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export.The memorandum of understanding signed…
Kuwait Petroleum Corporation chief said on Tuesday the Gulf producer had the capacity to reach its OPEC quota and was moving to its first offshore production as it invests to meet future oil demand.'We are making the investments necessary to…
Spending in the global oil exploration and production industry is 'poised to accelerate broadly' and drive an increase in production, Olivier Le Peuch, chief executive of top oilfield firm Schlumberger, said at a conference on Wednesday.'The…
RWE Renewables has won a bid for the wind turbine service & maintenance deal at the 140 turbine, 504MW Greater Gabbard offshore wind farm, located in the North Sea, around 20km off the coast of Suffolk, UK.Greater Gabbard offshore wind farm…
Offshore drilling company Awilco Drilling has completed the sale of the 1983-built semi-submersible drilling rig WilHunter for recycling, meaning the company no longer owns any drilling rigs.The WilHunter, built in 1983 by Daewoo and upgraded in 1999 and 2011…
Italian energy services group Saipem said on Wednesday it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January…
Singapore-based shipowner Vallianz has partnered up with Ulstein Design & Solutions B.V, Shift Clean Energy, and Bureau Veritas to design and build a heavy transport vessel (HTV) that will be 'the first of its kind in the global offshore wind industry…
Brazilian state-controlled oil company Petrobras has bought its first cargo of Guyanese crude for refining domestically, the company told Reuters, as South America's newest producer expands its market reach.With the start of a second floating production facility in February…
Norwegian drone company Nordic Unmanned has received a call-off for the next phase of the drone offshore logistics contract with the Norwegian oil firm Equinor. The offshore operations will take place from the Gullfaks C offshore platform in the North Sea and will start on August 15…