Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday…
Oil and gas company BP has chartered Prosafe's offshore accommodation rig Safe Zephyrus for work in the UK North Sea.The Safe Zephyrus, with beds for 450 persons, in single-man cabins, will provide gangway-connected operations to support the…
Germany-based food retailer REWE has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.The deal marks REWE Group’s…
RWE Renewables has pre-qualified as a bidder for the upcoming French tender for a commercial floating offshore wind project off the coast of South Brittany with a capacity of up to 270 megawatts (MW). RWE said Thursday it was looking forward…
Offshore wind developer Parkwind has selected the Port of Mukran as a service base that will serve its Arcadis Ost I wind farm, in the Baltic Sea, offshore Germany.Earlier this week, Parkwind, wind turbine maker Vestas, and construction firm…
A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to begin…
Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.The…
UK-based renewable energy firm SSE Renewables has decided to merge two proposed offshore wind farms in Scotland into one 'super project development.'Berwick Bank and Marr Bank offshore wind farms, off the east coast of Scotland, have been brought…
Renewable energy firm RWE has informed that Triton Knoll offshore wind farm in the UK has installed its final turbine.The last of the Vestas 9.5 megawatts (MW) turbines was erected early on Friday at what is the most powerful offshore wind farm being constructed by RWE…
Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps…
Energy consultancy Xodus, tasked by the British Consulate-General in Boston, Massachusetts, to carry out a study on the prospects available for UK companies to enter the booming US offshore wind market has found that there are multiple opportunities…
Britain and Norway on Thursday signed a bilateral treaty on electricity interconnection to help formalize power trading between the two countries, Britain's ministry for business and energy (BEIS) said.The agreement comes ahead of the start…
Guyana has granted a unit of Saudi Arabian Oil Co, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.The country in early September…
Norwegian offshore support vessel firm DOF said this week its Brazilian subsidiary Norskan had secured a new long-term contract and extended another one with the Brazilian oil company Petrobras.Anchor handler Skandi Botafogo has been awarded…
Siemens Energy has earlier this month won a contract with Norway's Aker Solutions to supply the complete packages for the electrical transmission, distribution, and power management system (PMS) for the Troll West electrification project in the North Sea…