Equinor has exercised its option to extend the firm period of the contract for two of DOF’s platform supply vessels (PSVs).Equinor extended contracts for Skandi Flora and Skandi Mongstad PSVs.The extension is applicable from October 2025, according…
Danish offshore wind developer Orsted cut its 2025 profit outlook on Friday, just hours before it is poised to secure shareholder approval for a $9.4 billion emergency rights issue as it seeks to avert a looming credit downgrade.Once celebrated as a trailblazer in offshore wind…
Danish wind farm developer Orsted cut its operating profit outlook for 2025 on Friday, shortly before shareholders were set to vote on a crucial capital raise as the company battles U.S. President Donald Trump's opposition to wind power.Once celebrated as a trailblazer in offshore wind…
Oil and gas firm Tullow Oil has appointed Ian Perks as its new Chief Executive Officer (CEO).Perks will take up the role of CEO and join the Board on September 15, 2025. Following the appointment, Richard Miller, who is currently Chief Financial Officer (CFO) and Interim CEO…
Africa-focused oil and gas company Afentra has signed Heads of Terms with Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) for a Risk Service Contract covering offshore Block 3/24, its first operated license in the country.The formal award is expected in the coming months…
Danish wind farm developer Orsted's Revolution Wind joint venture has filed a lawsuit against the administration of President Donald Trump over the U.S. government's decision to block construction of the project off Rhode Island, a court filing showed on Thursday…
The European Commission is providing a €645 million ($755.10 million) grant for a renewable energy cluster near Bornholm in the Baltic Sea, Germany's economy ministry said Thursday, a major step towards the creation of a cross-border offshore hub…
Norway's energy ministry said on Thursday it has received applications from 20 oil and gas companies seeking exploration acreage in the government's annual mature-areas (APA) licensing round.This year's round will contain more acreage in the Arctic Barents Sea…
Industrial compression specialist Everllence has been selected to supply key CO2 compression systems for the Net Zero Teesside Power (NZT Power) project and the Northern Endurance Partnership (NEP) – two core elements of the UK’s government…
James Fisher and Sons, a provider of specialist marine and energy solutions, has completed the world’s first abrasive cut on a 10-meter-diameter offshore wind monopile, marking a significant milestone for decommissioning operations in the renewable energy and oil and gas sectors…
Fugro has completed a site investigation job for Ørsted at a future offshore wind farm landing site along Victoria’s eastern coastline in Australia.The project featured the first onshore deployment of Fugro’s patented Heat Flow Module (HFM) CPT probe…
The U.S. Environmental Protection Agency (EPA) has approved SLB’s Methane LiDAR Camera as an alternative test method (ATM) for methane detection under the OOOO family of regulations, aimed at stopping fugitive methane emissions.The SLB Methane…
Welding and coatings services provider for the energy sector CRC Evans has appointed Mauro Piasere as its new Chief Executive Officer (CEO).Bringing over 30 years of executive leadership experience in global energy markets, the industry heavyweight…
Danish power cable maker and services provider NKT has signed a contract with Energinet to deliver a HVDC power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand.Energinet, the Danish transmission system operator (TSO)…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin…