A video has emerged online showing a wind turbine blade knocking an offshore installation vessel's gangway into the sea.The incident happened on July 2, at the under-construction Otary-operated SeaMade wind farm offshore Belgium, with no injuries to personnel reported…
Norwegian oil and gas producer Var Energi, backed by Eni and private equity firm HitecVision, is seeking around $1 billion for its Jotun production ship, a source with direct knowledge of the matter told Reuters.Var would then lease the floating production…
London-listed oil and gas company Energean has named Kimberley Wood and Andreas Persianis as Independent Non-Executive Directors.Wood replaces Ohad Marani, who has stood down from the board and joins the board of Energean's subsidiary Energean…
The construction of the upper part of the offshore substation for the Arcadis 1 Ost offshore wind farm has kicked off.The facility is being built at the former Lenin Shipyard in Gdansk, Poland. The news of the construction start was shared by Belgium’s high-voltage transmission system operator Elia…
Dutch offshore and subsea services firm Bluestream has won more work at the Gemini offshore wind farm in the Netherlands.In a social media post on Thursday, Blueastream said it has won a contract for the inspection of above water support structures on the Gemini wind farm off the Dutch coast…
Global oil and gas project sanctioning is set for a monstrous 75% plus drop in 2020 from 2019 levels, as the Covid-19 pandemic has led to massive E&P spending cuts, the energy intelligence company Rystad Energy has estimated.According to Rystad Energy…
Norwegian offshore support vessel owner Havila Shipping has secured a long-term contract for one of its subsea support vessels.Havila said Friday it had signed a three-year bareboat contract with OceanPact Netherlands for the operation of the subsea vessel Havila Harmony in Brazil…
Equinor on Friday reported a drop in second-quarter operating profit but a strong performance from its refinery and trading business helped to counter a coronavirus-led slump in oil and gas prices allowing the group to beat forecasts.The Norwegian…
Spanish oil and gas firm Repsol posted a quarterly net loss and wrote down $1.5 billion in assets on Thursday as it revised down unusually high expectations for oil and gas prices over the next 30 years.The demand-sapping COVID-19 crisis has…
Wind energy firms EDP Renewables and Engie have formed a 50-50 joint venture company Ocean Winds (OW) focused on offshore wind developments.The formation of the JV company announced this week, has been in the making since May 2019, when the…
Marine seismic contractor Polarcus saw its second-quarter revenue fall due to contract cancellations and lower dayrates caused by the slump in oil prices and the oil companies' exploration budget cuts that followed. During the quarter, the company saw its vessel utilization drop to 50%…
Two UK-based energy technology firms The Oil & Gas Technology Centre and Offshore Renewable Energy (ORE) Catapult are joining forces in a five-year collaboration aimed at speeding up the UK's transition to a net-zero future.The partnership named Energy Transition Alliance (ETA)…
The eastern Mediterranean region where a Turkish ship will carry out a seismic survey is part of Turkey's continental shelf, Ankara said on Wednesday, rejecting Greece's accusation that the ship is encroaching on its own shelf.Long-standing…
Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.In one of the oil industry's biggest alleged scandals…
London-listed oil company Chariot Oil & Gas has informed that Larry Bottomley, CEO, has stepped down from the company with immediate effect.The company, with operations in Morocco, Namibia, and Brazil, said Tuesday that Adonis Pouroulis, currently Non-Executive Director and founder…