Red Willow Offshore LLC, a closely-held U.S. oil and gas producer, is marketing its interest in six non-operated U.S. Gulf of Mexico oilfields that it has valued at over $130 million, two people familiar with the matter told Reuters on Friday…
Marine and offshore services firm James Fisher has this week launched its new business line James Fisher Decommissioning (JF Decom).The company said that the newly formed division would support the decommissioning needs of customers in the renewables…
Hundreds of workers set up oil barriers along beach fronts in Thailand's eastern Rayong province on Friday as authorities raced to limit the environmental damage from gallons of oil that leaked from an underwater pipeline earlier this week.The…
Finland's government has earlier this month granted research permits for three offshore wind power projects in Finland’s exclusive economic zone. Wpd Finland Oy was granted a permit for the research area west of Jakobstad. OX2 Finland Oy received…
Doosan Heavy Industries & Construction has unveiled South Korea's largest offshore wind turbine, a 232.5 meters tall giant with a capacity of 8MW.Doosan said Thursday it had completed the implementation of the 8MW offshore wind turbine prototype at the Korea Wind Power Demonstration Center…
Oilfield services giant Schlumberger will deploy its DELFI cognitive E&P environment on the Norwegian carbon capture and storage project Northern Lights.The Northern Lights project is operated by the namesake joint venture, owned by Equinor…
Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…
German renewable energy giant RWE has this week signed a 30-year concession agreement with the Danish Energy Agency (Energistyrelsen) for the rights to build and operate Denmark's largest offshore wind farm to date, the 1GW Thor. The wind farm…
AWS Ocean Energy's wave energy converter, designed for remote power applications such as powering subsea oilfield assets, has arrived in Orkney ahead of its imminent deployment at the European Marine Energy Centre (EMEC). The 16 kW Archimedes Waveswing arrived at Hatston Pier…
Oil company EnQuest has awarded a contract to the Malaysian oilfield services company Uzma Engineering for the provision of a hydraulic workover unit for EnQuest's 2022 workover program in Malaysia.Uzma's work scope includes integrated hydraulic…
Exxon Mobil Corp. next month plans to start production at its second oil platform in Guyana, a person familiar with the matter said Tuesday.Guyana is one of Exxon's top bets for production growth. Its recent discoveries are expected to drive recoverable oil and gas volumes beyond 10 billion barrels…
Siemens Energy has stepped up efforts to explore a full integration of wind turbine business Siemens Gamesa, sources told Reuters, after profit warnings and share price slumps last week exposed flaws in the current ownership structure.The company…
A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact.The decision has cast uncertainty over the future of the U…
UK-based energy industry engineering services company Wood has received funding in Canada under the Newfoundland and Labrador Offshore Oil and Gas Industry Recovery Assistance Fund for an autonomous robotic inspection and maintenance project…
Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…