State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…
LS Cable & System and Jan De Nul Group on Monday announced the completion of the construction of the first batch of subsea power cables in South Korea for TenneT’s offshore projects Hollandse Kust (noord) and (west Alpha) in the Netherlands…
Singapore's Keppel Offshore & Marine has secured a contract from an undisclosed renewable energy company to build two offshore substation topsides (OSS) worth around S$110 million (around 73,4 million U.S. dollars).Keppel O&M, through its subsidiary Keppel Fels…
Offshore industry tech scale-up Seaqualize has said it has completed offshore trials for its inline Active Heave Compensator (iAHC), the ‘Delta600’ in cooperation with Van Oord.'Together with testing partners Van Oord and nautical research institute MARIN…
Energy group Eni could list more than 30% of its new retail and renewables business in what is likely to be one of Italy's biggest initial public offerings next year, sources said.The company said last month https://www.reuters.com/business/energy/italys…
Oil and gas company Neptune Energy has extended a contract for the Deepsea Yantai semi-submersible drilling rig, to include three additional wells in the Norwegian sector of the North Sea in 2022.The Deepsea Yantai, owned by China's CIMC Raffles and managed by Odfjell Drilling…
Brazilian oil company Petrobras has awarded Italy's Saipem a new contract worth $940 million for the delivery of subsea umbilicals, risers, and flowlines (SURF) for the installation of a rigid riser-based subsea system for a project offshore Brazil…
Woodside Petroleum and BHP Group gave their final go-aheads to spend $12 billion to develop the Scarborough gas field off Western Australia and expand the Pluto liquefied natural gas (LNG) plant, with the first cargo expected in 2026.The approval…
The Ørsted, Falck Renewables, BlueFloat Energy consortium currently bidding for offshore wind leases for floating wind projects offshore Scotland, has partnered up with the Scottish Association for Marine Science (SAMS) to investigate the potential…
Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum and the country's energy minister seeking to delay, if not stop, the company's Scarborough natural gas project.The letters were sent just weeks…
Italy said on Friday it had received 64 expressions of interest to build offshore wind farms following a tender launched by the ecology transition ministry.Italy is keen to boost the development of offshore renewable energy plants to help reach…
Germany's energy regulator has temporarily halted the certification process for the Nord Stream 2 gas pipeline, requiring the Swiss-based, Gazprom-led consortium behind the infrastructure to form a German subsidiary to secure a licence.Following…
Industries including energy, steel, and chemicals are looking to develop large-scale hydrogen applications to help reduce carbon emissions and avert global warming.Although hydrogen is the most abundant element in the universe, it's very scarce as a gas…
Petroleo Brasileiro SA is expected to commit between $60 billion and $70 billion in capital expenditure (capex) in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas…
Norway's petroleum output in October rose from the previous month, exceeding official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output increased to 1.82 million barrels per day (bpd) in October from 1…