Ocean Infinity has six HUGIN Autonomous Underwater Vehicles (AUVs) rated to 3,000 meters depth, Kongsberg Maritime has informed.The vehicles are equipped with a geophysical sensor suite and the latest generation Kongsberg batteries.The new vehicles will be mobilized for global operations…
German offshore wind development company wpd offshore has said it has become the first company in Romania to officially apply for the development of offshore wind energy projects in the Black Sea. The Black Sea 1 (500 MW) and Black Sea 2 (approx…
Samuel Terry Asset Management Pty Ltd has launched a takeover offer for W. Africa-focused oil and gas company FAR.Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund launched an offer to acquire FAR’s shares at 45c cash per share…
Siemens Gamesa, the world's largest maker of offshore wind turbines, expects current supply chain problems that have hit the global wind power sector to persist for a while, its chief executive said on Friday.'We are battling with raw material price increases…
Offshore installation firm Jan De Nul Group said Monday that its next-gen offshore jack-up installation vessel for offshore renewables and decommissioning had been launched at the COSCO Shipping Shipyard in Nantong, China. According to the vessel owner…
Chevron Corp is reviewing a federal judge decision that invalidated the results of an oil and gas lease sale in the Gulf of Mexico [last] Thursday, saying the Biden administration failed to properly account for the auction's climate change impact…
Italian energy services group Saipem is talking to investors about a possible funding package, the group said on Monday after warning it will take a heavy loss for 2021, triggering a halt in its shares to prevent a stinging sell-off.Saipem has…
Norway's Hammerfest LNG plant faces a further delay before restarting production following a fire in 2020, Equinor and Norwegian gas system manager Gassco said on Monday.The plant, operated by Equinor, is now expected to resume output on May 17…
Norwegian marine seismic survey company PGS said Monday it had won a contract for a 4D survey in the Gulf of Mexico.PGS said it would use a Ramform Titan-class vessel for the project. The survey is expected to begin late February and en in late March…
Marine and offshore services firm James Fisher has this week launched its new business line James Fisher Decommissioning (JF Decom).The company said that the newly formed division would support the decommissioning needs of customers in the renewables…
Chevron Corp on Friday reported a fourth-quarter profit, which missed estimates by analysts on weaker than expected oil and gas production that outweighed gains from recovering prices. Its shares slid in pre-market trade.The first major oil…
Offshore drilling firm Aquadrill- ex-Seadrill Partners - has signed an agreement with Vantage Drilling for Vantage to manage and market its ultra-deepwater semi-submersible drilling rig Aquarius.Ihab Toma, CEO of Vantage stated 'We are delighted…
Hundreds of workers set up oil barriers along beach fronts in Thailand's eastern Rayong province on Friday as authorities raced to limit the environmental damage from gallons of oil that leaked from an underwater pipeline earlier this week.The…
Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…
German renewable energy giant RWE has this week signed a 30-year concession agreement with the Danish Energy Agency (Energistyrelsen) for the rights to build and operate Denmark's largest offshore wind farm to date, the 1GW Thor. The wind farm…