BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 it published on Wednesday.Carbon emissions…
Corinth Pipeworks has secured a contract from Woodside Energy, the operator of the Trion deepwater field offshore Mexico, to manufacture and supply approximately 118 kilometers of High Frequency Welded (HFW) steel pipes.The Trion field is located…
Pulse Structural Monitoring, a brand in marine energy and infrastructure services company Acteon, has been awarded a contract by Ørsted Taiwan to deliver measurement and associated data acquisition systems for the Greater Changhua 2b and 4 offshore wind farms…
France-based tubular solutions supplier Vallourec has secured a contract from TotalEnergies to supply almost 5,000 tonnes of OCTG solutions and associated services for the Kaminho deepwater project on Block 20, 100 km off the coast of Angola…
Oil and gas company Wellesley Petroleum has proven oil and gas in an appraisal well drilled in the North Sea, using COSL Drilling’s COSLPromoter drilling rig.The oil was discovered in the Gnomoria Appraisal (35/10-12 S) well in the North Sea…
Ørsted has completed the acquisition of Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm located off the coast of New York.The purchase price at closing to acquire Eversource’s share of Sunrise Wind is $152 million.At signing in January 2024…
Maritime Developments Ltd (MDL) has expanded its European footprint with the opening of a new office, in Paris.Heading the new office is El Hadji Gano, who joined the company as Key Account Manager - Europe. El Hadji brings with him over 16 years of experience in winch and lifting solutions…
Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…
Huisman has signed two contracts for the supply of cranes and installation tools for Cadeler’s A-Class newbuild offshore wind farm installation vessels.The first contract is for the design and construction of a Leg Encircling Crane (LEC) and…
Shell is seeking government permission to drill up to five ultra-deep offshore wells off the west coast of South Africa, a draft scoping report from independent environmental consultancy SLR showed on Tuesday.The oil major plans to drill exploration…
Dutch shipbuilder Damen has secured a contract to build the sixth commissioning service operation vessel (CSOV) for offshore personnel transfer provider Windcat.The contract marks the further strengthening of the working relationship between Damen…
Scottish subsea specialist Sulmara has completed a site characterization survey for the Formosa 4 offshore wind farm in Taiwan, being developed by Synera Renewable Energy (SRE).Sulmara’s team employed a multi-platform approach running the sensors…
Weak refining margins and lower oil trading results will dent BP's second-quarter profit by up to $700 million, the company said on Tuesday, sending its shares down by over 3%.The warning, which led several analysts to lower their earnings estimates…
Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis, it said on Tuesday.MET Group said the agreement will enable it to further diversify its LNG supply portfolio…
Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…