Bahrain's king issued a royal decree on Monday abolishing the National Oil and Gas Authority (NOGA), with all its functions to be undertaken by the oil ministry, the state-run Bahrain News Agency said.'All the financial appropriations allocated…
From a colossal wind farm floating amid choppy ocean waves to hundreds of solar panels on the surface of a dammed reservoir, Portugal is exploring innovative ways to boost renewable energy.Mass use of such projects may still be too pricey, but…
Norwegian oil and gas operator DNO has made a minor oil discovery on the Gomez prospect in the North Sea, offshore Norway.The exploration well, located 14 kilometers east of the Ekofisk field, encountered hydrocarbons in the primary target in the Våle Formation of the Paleocene Age…
Oilfield services firm Petrofac's bribery case sentencing hearing has been postponed for Friday.As previously reported, Petrofac said Friday it would plead guilty to seven counts of failing to prevent former Petrofac group employees from offering…
Offshore services company James Fisher said Monday its French subsidiary Mojo Maritime would be renamed to James Fisher Renouvelables. This comes following the launch of its dedicated offshore wind division James Fisher Renewables in March 2021…
Mott MacDonald has been appointed by Hai Long offshore wind farm project as one of its owner’s engineers.The Hai Long project, currently in the development phase, is a 1GW wind farm located 50-70 km from the shore. Hai Long has three separate grid allocations…
Classification society DNV has introduced the new ABATE class notation, to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions.The ABATE notation provides…
Crude prices have climbed to the upper-$70s, sustained by continued demand growth and the OPEC+ production curtailment agreement. Excess oil inventory has largely been eliminated, natural gas supply shortages have appeared in Europe and LNG prices have soared…
Harland & Wolff Group said Monday that Clive Richardson, Non-Executive Chairman of the company was stepping down from the Board. His notice period will run until mid-December 2021.Harland & Wolff Group said: 'The company remains involved in…
Offshore wind turbine maker Siemens Gamesa has secured an extension of the original contract term for servicing the 714 MW East Anglia ONE wind farm in the UK.Siemens Gamesa said the contract, among the biggest in Siemens Gamesa’s Service business unit’s history…
U.S. energy firms this week added oil and natural gas rigs for a 14th month in a row as more offshore units in the Gulf of Mexico returned to service after shutting when Hurricane Ida slammed into the coast in late August.This week, 3 offshore rigs returned in the Gulf of Mexico…
China's state-run offshore oil and gas major CNOOC Ltd said it plans to raise up to 35 billion yuan ($5.41 billion) in a new share issue on the Shanghai stock exchange to fund several key oil and gas projects.The domestic fund-raising plan came as U…
Danish offshore vessel owner Esvagt said Monday that the Spanish oil firm Repsol had extended the contract for the Esvagt Corona standby/rescue vessel for an additional 18 months.The contract for standby services at Repsol's Yme field in the Norwegian North Sea now runs until the spring of 2023…
Oilfield services giant Petrofac said Friday it had struck a plea agreement with the UK Serious Fraud Office (SFO) in relation to its investigation into the company's historical use of agents in the Middle East.Following requisition by the UK's Serious Fraud Office (SFO)…
Classification society and energy industry consultancy DNV has published a new Technical Note (TN) providing principles for determining site extreme wind speeds for wind farms caused by tropical cyclones. The company produced the document after…