Fugro has won a two-year contract with India's marine service firm OCS Services to support its asset integrity and corrosion management operations off the west coast of India.Fugro said Tuesday it would help OCS deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1)…
The co-leader of Germany's Green Party accused Russian 'blackmail' of causing high energy prices across Europe, saying Moscow is trying to leverage Germany to allow the Nord Stream 2 Baltic gas pipeline to begin operations.The remarks by Annalena Baerbock…
Italy's Falck family will sell its controlling stake in Falck Renewables to a JPMorgan-owned infrastructure fund for 1.5 billion euros ($1.8 bln), the company said on Wednesday.Under the agreement, Infrastructure Investment Fund (IIF), which is run by JP Morgan Investment Management…
RWE, Germany's largest power producer, said on Tuesday it expects its investment in green technologies and infrastructure in Britain to reach 15 billion pounds ($21 billion) by 2030.That includes the already announced 5 billion pounds RWE is…
ASX-listed wave energy technology company Carnegie Clean Energy has launched a CETO-derived wave energy product designed for moored vessels, which 'offers a solution to the challenge of securing clean and reliable energy for offshore activities…
Three marine seismic data acquisition and processing companies TGS, CGG, and BGP have signed a multi-client agreement with Suriname's national oil firm Staatsolie.Under the agreement, the consortium will be able to acquire, promote and license multi-client seismic programs…
Danish renewables firm Ørsted A/S said on Tuesday it had signed an agreement to sell 50% of its 900-megawatt (MW) German offshore wind farm Borkum Riffgrund 3to fund manager Glennmont Partners.Ørsted said the around 9 billion Danish crown ($1…
Norwegian offshore vessel owner Solstad Offshore has secured a contract extension for one of its platform supply vessels.In a brief statement on Wednesday, Solstad said that the one-year charter extension had been awarded to its 94,2-meter-long PSV Normand Server…
Oslo-listed oil and gas company BW Energy has brought online the Gamba well DTM-7H as part of the Tortue Phase 2 field development in Gabon. The final well, DTM-6H, in the Dentale formation, is scheduled to come onstream in the coming days. Current…
Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
The Canada-Newfoundland Offshore Petroleum Board said on Tuesday that it has laid three charges following a 2018 oil spill off Canada's Atlantic Coast.The board said it laid the charges against Husky Oil Operations Limited for the spill in the White Rose Field…
The Philippines' energy ministry on Tuesday defended the sale of an oil and gas concession to a firm controlled by an ally of President Rodrigo Duterte, dismissing a graft complaint that alleged preferential treatment as 'malicious'.Udenna Corp…
The British government on Tuesday published a Net Zero Strategy aimed at ending the country's contribution to climate change.Here are some of the key pledges and policies set out in the document:PowerAim: to fully decarbonise the power system…
British Prime Minister Boris Johnson on Tuesday set out his ambition for a green revolution that he hopes will force Western economies to kick their addiction to fossil fuels.Britain at the end of the month hosts the COP26 U.N. climate talks in Glasgow…
U.S. oilfield firm Halliburton Co on Tuesday posted its third consecutive quarterly profit, as a jump in oil prices and drilling activity boosted demand for its services and equipment.Oil prices have rallied to multi-year highs with global crude futures climbing 4…
