Danish offshore services company Maersk Supply Service has won its second offshore wind installation contract in the U.S. The company, best known for its offshore support vessels, in March ordered a wind turbine installation vessel, and won…
Almost two-thirds or 163 gigawatts (GW) of new renewable power capacity added last year had lower costs than the cheapest coal-fired power plants in G20 countries, a report by the International Renewable Energy Agency (IRENA) showed.Last year…
Yunneng Wind Power's Yunlin wind farm project off the west coast of Taiwan has suffered a setback after a monopile was reportedly lost during the recently restarted installation works.Citing sources close to the matter, a local offshore wind industry news website Unredacted…
Tullow Oil Chief Executive Rahul Dhir said on Wednesday no tweaks to the planned all-share merger with Capricorn Energy were necessary, when asked about criticism about the deal as it stands from some Capricorn shareholders.Dhir said Tullow was talking to shareholders of both companies…
UK-based North Sea Transition Authority (NSTA), a government body responsible for regulating and influencing the oil, gas, and carbon storage industries, appointed Stuart Payne as its new Chief Executive.Payne, who currently serves as NSTA Supply Chain…
First gas has started flowing from DeNovo Energy's Zandolie field offshore Trinidad & Tobago, developed using a wind- and solar-powered unmanned platform.Zandolie, which took $52 million to develop, is DeNovo's second offshore field development…
Offshore wind installation services firm Seaway 7 has awarded CRP Subsea a contract to provide 140 NjordGuard cable protection systems and bellmouths for Changfang and Xidao (CFXD) offshore wind farms located off the west coast of Taiwan. The…
Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising inventories and caution ahead of U.S. inflation data.Despite a tight physical oil market…
Danish offshore wind installation contractor Cadeler has signed a vessel reservation deal with ScottishPower Renewables, a UK subsidiary of the Spanish renewable energy giant Iberdrola.The vessel reservation agreement is for the transport and installation of 95 wind turbine generators (WTGs)…
A decommissioned North Sea offshore platform, soon to be turned into a giant art installation, arrived in Weston-super-Mare, England, on Tuesday, 12 July, BBC has reported.Last year, Weston-super-Mare, a seaside town in Somerset was selected as home to the installation…
Norway-based Kongsberg Maritime’s Sensor and Robotics division said Wednesday it had secured over NOK 450M (~$44 million) in contracts for HUGIN autonomous underwater vehicles (AUV) in the second quarter of 2022. 'The order income consists of…
Africa-focused Tullow Oil said on Wednesday it expected to make $200 million in free cashflow this year at an average oil price of $95 a barrel, adding that it sees no cashflow in the first half after an arbitration payment and an acquisition…
A trio of new low-carbon technologies could create 26,000 new UK energy jobs by 2030, according to Robert Gordon University research commissioned by Offshore Energies UK (OEUK).Many of the new jobs would be in coastal communities stretching around the UK…
The Anna Nery FPSO, bound for Petrobras' Marlim offshore field in Brazil, last Friday left the Cosco Qidong shipyard in China, marking the start of its journey to Brazil.The FPSO, to be provided to Petrobras by Malaysian FPSO provider Yinson…
Gas leaks were reported at Equinor's Sleipner offshore field on Monday, leading to the shutdown of parts of the gas field located in the North Sea, offshore Norway.According to Equinor, on Monday morning, gas leaked in a contained area related…