Nord Stream AG, the operator of the ruptured Nord Stream 1 gas pipeline, has been granted permission to survey an area in Danish waters, the Danish Geodata Agency told Reuters on Thursday.The operator has already sent a chartered ship to waters…
Helleniq Energy will start a process to acquire more advanced data for potential gas reserves in two offshore blocks in the Ionian Sea in the coming weeks, its top executive said on Thursday. Greece has had indications of significant gas reserves…
The UK Government has granted Port of Aberdeen more than £200,000 in funding to accelerate the port’s drive to Net Zero by 2040.The ‘Port Zero’ feasibility study, which is part of the Clean Maritime Demonstration Competition Round 2 (CMDC2)…
Drilling operations have been completed at the Northern Lights project in the Norwegian part of the North Sea for a CO2 injection well and a contingent injection well within CO2 storage license EL001.Northern Lights partners said Thursday that…
Wind turbine maker Siemens Gamesa said on Thursday it missed its full-year target as revenue declined, mostly due to delays in project execution and supply chain disruptions hampering production of wind turbine generators. The company said its core earnings margin during the year that ended on Sept…
SBM Offshore revised upwards its full-year revenue and core profit forecast on Thursday after the Dutch oil and gas services firm pointed to 'solid' quarterly results. The company now expects an annual revenue of more than $3.2 billion, bringing earnings before interest…
Soaring costs and supply chain bottlenecks have put a question mark over plans for what would be the world's most northern oilfield in production, with Norway's Equinor and its partners postponing a decision on the Arctic project. Environmental…
The UK-based Offshore Wind Growth Partnership (OWGP) has launched a new Innovation Grant funding competition targeted at two offshore wind industry innovation priorities: Decarbonising the sector and Improving reliability.Sponsored by Equinor…
The Norwegian energy company Equinor and the UK-based Offshore Renewable Energy (ORE) Catapult said Wednesday they had entered a collaboration deal to address some of the most pressing issues facing the offshore renewables sector.The UK-wide partnership brings together Equinor…
Demand for electricity in Norway will continue to outpace supply growth in the coming years, leading to a likely power deficit by 2027, transmission grid operator Statnett said on Wednesday. Power demand in Norway is expected to grow to 164 terawatt hours (TWh) in 2027…
Spain's Iberdrola plans to invest 47 billion euros ($47 billion) in its electricity networks, renewable energy production and customer businesses in 2023-2025 alongside an expected rise in profits, it said on Wednesday. Iberdrola is pushing…
Ithaca Energy shares dipped on their London debut on Wednesday after the North Sea oil and gas producer defied volatile markets to deliver Britain's largest initial public offering (IPO) this year, and Europe's fifth biggest. The shares opened…
Norwegian energy giant Equinor is on track to almost double its share of its investment in renewable energy this year, despite walking away from expensive offshore wind deals, the chief executive said on Tuesday. Around 20% of company's gross investments in 2022 will be in renewable energy…
Dutch offshore installation company Heerema Marine Contractors has recently tested C1 Connections' C1 Wedge Connection offshore.The C1 Wedge Connection is said to be a high-capacity connection that can be installed faster and safer than conventional bolted flange connections…
Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic sea, it said on Monday, part of the country's broader efforts to replace dwindling Russian gas supplies. Almost…
