Vattenfall's new CEO, Anna Borg, will increasingly partner with other companies rather than go it alone to grow its portfolio of European offshore wind projects, she told Reuters.Formerly the CFO at the company, Borg took over from Magnus Hall on Nov…
OGUK, the representative organization for the UK offshore oil and gas industry, has started 'a first-of-its-kind' survey that will deliver a baseline for diversity and inclusion (D&I) demographic and sentiment within the sector. OGUK said the…
The start-up of the Total-operated Tyra Redevelopment Project in the Danish Sector of the North Sea is now expected in the second quarter of 2023, and not in 2022, Noreco, a partner in the project, said Friday.'Due to COVID-19, local governmental…
Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…
Spanish wind energy group Iberdrola's plans to spend around $88 billion on renewable power by 2025 eclipse Europe's top oil companies' combined planned investments in low-carbon over the same period.Royal Dutch Shell, BP, Total, Norway's Equinor…
Genesis Energy LP said it expects to lose as much as $50 million this year due to a battery of storms that hit the U.S. Gulf of Mexico and forced lengthy offshore oil and gas production shut-ins, Chief Executive Grant Sims told investors on Thursday…
Worlds largest offshore wind development company Ørsted has awarded Seiche a contract to ensure marine mammal safety during the construction of the Hornsea Two offshore wind farm in the UK.Seiche, which provides marine technology and environmental…
Crane specialist Liebherr has informed that a key milestone has been achieved with the construction of the Liebherr Heavy Lift Crane 150000-3000 for OHT's Alfa Lift offshore wind turbine foundation installation vessel.Liebherr said Thursday…
Offshore engineering and construction firm McDermott on Thursday announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for Japans' Modec.The new shipment comes just weeks after the first…
Shares in Siemens Gamesa rose on Thursday after it confirmed forecasts for a steady rise in margins until 2023, even though a small operating profit in the fourth quarter was not enough to save the wind turbine maker from an annual loss.Beset by a slowdown in the Indian market…
ADM Energy, an AIM-listed oil and gas investing company with interest in the Aje oil field offshore Nigeria, has appointed Lionel Therond as its Chief Financial Officer.West Africa-focused ADM said this week that Therond had 35 years' experience in the oil & gas sector and investment banking…
Australian oil and gas company Santos has executed documentation to enter into a new US$750 million syndicated bank loan, to refinance existing debt facility established for the acquisition of ConocoPhillips’ northern Australian and Timor-Leste assets…
The last of 13 topside modules has been lifted and installed aboard Eni's Mozambique-bound Coral-Sul FLNG facility, being built by Samsung Heavy Industries in South Korea.The lifting of the module marks the end of the onshore-modules fabrication…
Oil and gas company Petrogas E&P Netherlands has hired Maersk Drilling's jack-up rig Maersk Resilient to drill three wells in the Dutch sector of the North Sea. The 110-day contract for the harsh-environment drilling unit is expected to start…
The Scottish Government plans to increase offshore wind capacity to 11 gigawatts (GW) of energy installed by 2030 – which is, as the government has said, enough to power more than eight million homes.Currently, Scotland, with a population of around 5…