U.S. crude oil production fell to 11.08 million barrels per day in January, from a revised 11.101 million bpd in December, according to a monthly report from the Energy Information Administration on Wednesday.Crude output for January, the latest monthly data available…
The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe, a senior official said on Wednesday.President Joe Biden’s cabinet earlier this…
Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has received its first firm order for its giant 14MW offshore wind turbine.The order, from RWE, is for the supply of 100 units of its 14MW SG 14-222 DD offshore wind turbine…
Oil and gas company Tullow Oil has completed the sale of its assets in Equatorial Guinea to Panoro Energy, from which it had earlier on Wednesday received a payment of $88.8 million.The transaction also includes contingent cash payments of up…
Production from the Apsara field, Cambodia's first producing offshore oil field, has been below expectations, and will almost certainly not meet the pre-development forecast of peak production of 7,500 bopd, according to KrisEnergy, the operator of the project…
Israel's Delek Group on Wednesday reported a record profit in the fourth quarter on strong revenue and a boost in the value of its North Sea unit Ithaca.Net profit rose to about 1.1 billion shekels ($330 million) for the October-December quarter…
DNV, energy industry expertise and assurance provider on Wednesday published what it said was the world’s first recommended practice (RP) for floating solar power projects following a collaborative joint industry project (JIP) involving 24 industry participants…
Energy giant Shell has taken over full control over the Egmond aan Zee offshore wind farm in the Netherlands, buying out Vattenfall from the NoordzeeWind joint venture.Offshore wind farm Egmond aan Zee started operating in 2007, supplying electricity to more than 100…
'At-scale recycling of wind turbine blades is an important first step towards achieving a zero-carbon, zero-waste offshore wind industry and boosting the UK supply chain by 20,000 jobs, ' the UK-based Offshore Renewable Energy (ORE) Catapult said in a report Wednesday…
Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.It said Wednesday that the Government of the Republic of Cameroon had notified its subsidiary in Cameroon…
After several delays, Southeast Asia-focused oil and gas company KrisEnergy has completed the farm-out of its entire 100% working interest in Block 115/09 offshore Vietnam.KrisEnergy had in February 2020 said it had struck a deal with an unnamed…
Denmark's Ørsted plans to develop an offshore wind farm and adjacent hydrogen plant at the North Sea Port straddling the Dutch-Belgian border, the company said on Wednesday.The wind farm would have capacity to produce 2 gigawatts of electricity and would power the 1-gigawatt hydrogen plant…
Dutch-based offshore gangway specialist Ampelmann has said it has recently secured five contracts covering eight projects in the Asia Pacific. Five of the eight are in the renewables space.'All contracts were signed in Q1 of 2021 and consist…
The merger of Chrysaor and Premier Oil is due to complete on Wednesday, creating Harbour Energy, the UK North Sea's biggest oil and gas producer, which will replace Premier's stock exchange listing from Thursday, Premier said.The reverse takeover of Chrysaor by Premier Oil…
On Monday, March 29, the White House announced a government-wide effort to advance offshore wind, including 30 gigawatts (GW) of offshore wind by 2030, 110GW of U.S. offshore wind by 2050 and the development of a sustainable local offshore wind supply chain…