Offshore oilfield services firm Three60 Energy said Tuesday it had secured a plug and abandonment services contract from Equinor for work at Statfjord field, offshore Norway.Thomas Kibsgaard-Vatn, THREE60 Energy’s Discipline Owner P&A, commented…
The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.The federal…
Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters.The Ministry of Mines and Energy will…
Guyana's economy will boom again this year as it grows by an expected 38% thanks to 'unparalleled' oil sector expansion, according to a forecast from the International Monetary Fund (IMF) released on Monday.The latest 2023 estimate follows real…
Offshore drilling company on Monday announced new drilling contracts worth $65 million in total, excluding lump sum payments such as mobilization fees and capital reimbursements.These contracts were awarded after the company issued its most recent fleet status report on August 1…
Bibby Marine and its consortium partners are moving forward with plans to build the world’s first zero-emission electric service operation vessel (eSOV) after securing funding for the project from the Zero Emission Vessel Infrastructure (ZEVI) competition…
Chevron Australia said on Monday it no longer expects to reach a deal with unions and would try an untested legal strategy to stop industrial action at its liquefied natural gas (LNG) facilities as unions prepare for full-scale strikes. The…
A junta that seized power in OPEC-member state Gabon appointed Marcel Abeke, a former executive of French miner Eramet as the country's new petrol minister on Saturday.Abeke was an executive of the company which operates a manganese mine in…
Britain's latest subsidy auction for new renewable energy projects failed to attract bidders from the offshore wind industry, raising fears among developers and environmental groups that the country may struggle to meet its climate goals.Over the last two decades…
Norwegian offshore vessel owner DOF has completed the sale of the Skandi Neptune construction support vessel.DOF had agreed to sell the 2001-built vessel to an unnamed 'international buyer,' in September 2021. It, at the time, said the 104.2 meter-long vessel…
Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday.It said on the Telegram messaging app that Kyiv's forces had retaken…
Oil and gas driller ADES Holding, backed by Saudi Arabia's sovereign wealth fund, began marketing its initial public offering on Sunday, seeking 12.50 riyals to 13.50 riyals a share.ADES plans to raise as much as 4.57 billion riyals ($1.22 billion)…
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone liquefied natural gas facilities as unions prepare for full-scale strikes…
Dutch offshore installation contractor Van Oord on Saturday held a christening ceremony in Rotterdam for its new cable laying vessel Calypso.'The Calypso is equipped with the latest sustainable technologies and will be a key strategic addition to Van Oord’s offshore wind fleet…
Formosa 2 offshore wind project in Taiwan has achieved commercial operation date (COD), becoming the first Round 2 offshore wind project in Taiwan to reach this milestone.The Formosa 2 offshore wind project is a joint development project by JERA (49%)…