The British government said on Wednesday that plans to bolster the country's energy security, diversify away from fossil fuels, and protect consumers from spiraling prices are set to become law.Britain's energy security bill will be introduced…
Dutch/German grid operator TenneT said Wednedsay that in the tendering process for the award of the contract to build the 235-kilometre-long offshore grid connection system BorWin6, has now also awarded the contract for cable pro-duction and laying…
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…
TenneT, the German/Dutch grid operator, said on Tuesday it plans to invest a combined 22 billion euros ($22.5 billion) in developing the Dutch electrical grid onshore and offshore over the next decade.In a statement, the company said it had…
Caspian Pipeline Consortium(CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days, although sources said exports were still flowing.CPC…
Solstad Offshore has sold the platform supply vessel Normand Aurora for an undisclosed fee.The Norwegian offshore vessel owner said that the delivery of the vessel to the new owner took place Tuesday, July 5, 2022.While Solstad did not say who the buyer was…
Oil and gas company Neptune Energy has joined OGCI's Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030. Developed by the Oil and Gas Climate Initiative (OGCI), the initiative aims…
Oilfield services firm TechnipFMC has signed a letter of intent with the Norwegian oil company Equinor for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.The study will finalize the technical solution for the…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract with Woodside in Australia for a 4D baseline survey work over gas fields in the Carnarvon Basin Australia. The survey is expected to take 2-3 months to acquire, and will be conducted by the Geo Coral vessel…
Shell has made the final investment decision for Holland Hydrogen I, which, when completed in 2025, will be Europe's largest renewable hydrogen plant. The plant will be powered by electricity produced from an offshore wind farm in the Dutch section of the North Sea…
Norwegian offshore vessel operator Solstad Offshore has secured a contract extension for its construction support vessel Normand Pacific.Italy-based Prysmian, whcih provides cables and systems for energy and telecommunications, has opted to extend the Normand Pacific contract by one year…
Mohammad Barkindo, the outgoing secretary-general of OPEC who played a key role in forming the wider OPEC+ group of oil producers that has helped the industry navigate global shocks, has died aged 63.The Nigerian oil industry veteran was due…
Retail investors dumped the rights to buy into a 2 billion euro ($2 billion) cash call at Italian energy services group Saipem on Tuesday, heightening risks for banks that agreed to mop up any unsold shares unless institutional buyers pick up the slack…
The Norwegian government on Tuesday intervened to end a strike in the country's energy sector that had cut oil and gas output, a union leader and the labor ministry said.Norwegian offshore oil and gas workers went on strike over pay on Tuesday…
Houston-based Deepsea Technologies, Inc. (DTI) on Tuesday announced it has acquire a 100% share AF Global UK Ltd. (AFGUK), the subsea division of AFG Holdings Corporation. The company will now operate under the name Deepsea Technologies UK Ltd…