Oilfield services provider Petrofac on Thursday reported a steeper full-year operating loss, hit by cost overruns at its largest division amid contractual and commercial issues. Petrofac saw a rise in orders last year, as it benefited from high…
Offshore wind developer RWE has entered a long-term vessel supply agreement with offshore vessel owner Acta Marine that it says paves the way for the decarbonization of offshore wind farm operations.The agreement is to build and operate two ‘green’ service operation vessels…
Dutch offshore installation services company Van Oord has been appointed as a preferred supplier for the transport and installation of foundations for the 1.6 GW Nordseecluster wind project in Germany, a joint venture between RWE and Northland Power…
Norwegian energy regulator NVE on Tuesday recommended 20 areas suitable for deploying offshore wind farms that will help meet a 2040 target for 30 gigawatts (GW) of capacity.The areas, dotted along Norway's vast coastline, were the ones believed…
The Gothenburg Port Authority will become a partner in Eolus’ 1GW Västvind offshore wind power project, offshore Gothenburg, Sweden, to meet growing electricity demand.According to Eolus, the offshore wind farm will be able to generate electricity…
Seven companies in Germany's energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centers of industrial consumption. Germany wants to build 10 gigawatts of green hydrogen capacity, made from solar and wind power…
Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler…
Dutch offshore installation services company Van Oord has installed the first of 50 monopile foundations at Iberdrola's Baltic Eagle offshore wind farm in Germany.The installation strategy for the foundations is based on the feeder concept,…
A new electric-powered ring crane being built for Dutch engineered heavy lift company Mammoet is set to become the world’s highest capacity land-based crane.The first parts of the new 6,000t ring crane will soon be delivered to Mammoet’s engineering nerve center in The Netherlands…
Britain's High Court is expected to decide on Tuesday whether to grant Greenpeace permission to proceed with a challenge to the country's last oil and gas licensing round on climate grounds, the activist group said on Monday.Last year Britain…
Leaders from European countries surrounding the North Sea pledged on Monday to rapidly scale up offshore wind power generation in the region to strengthen energy security, at a summit in Ostend, Belgium.Leaders from seven European Union countries…
President Tayyip Erdogan last Thursday flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections…
UK-based union Unite said Friday that historic 48-hour strike action would hit platforms in the UK North Sea.Unite said that 1300 offshore workers would begin a 48-hour stoppage from Monday, April, 24, which will cause 'severe' problems for major oil and gas operators…
Denmark has lifted restrictions on sailing in waters near the Nord Stream pipeline leaks in the Baltic Sea and said it was no longer dangerous for ships to navigatein the area. The restrictions were lifted by the Danish Maritime Authority (DMA) at the recommendation of the Danish Energy Agency…
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security. The 'LionLink' interconnector will be able to transfer 1…