Latest News - page 1107


Siemens Gamesa to Deliver Wind Turbines for Full 1,044 MW Hai Long Offshore Wind Projects

May 05, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy has secured, subject to final contract awards, more work in Taiwanese offshore wind space.The company was back in November 2019 announced as a preferred supplier of offshore wind turbines for Hai Long 2A (300 MW) project…

Wintershall Dea Terminates West Mira Rig Contract After March Incident

May 05, 2021

Oil and gas company Wintershall Dea has terminated the rig contract for the West Mira semi-submersible drilling rig, owned by Northern Ocean, managed by Seadrill.The news of the contract termination was shared Wednesday by Seadrill. Seadrill said: 'Seadrill Limited […

Shelf Drilling Nets 3-year Drilling Rig Contract in India

May 05, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a contract in India for its Trident XII jack-up drilling unit. The contract is with the Indian oil company ONGC. Under the three-year contract, the Trident XII drilling rig will be used…

Poland Awards CfD for Equinor's, Polenergia's 1440 MW Offshore Wind Projects

May 05, 2021

Norway's Equinor said Tuesday that Poland’s Energy Regulatory Office (ERO) announced Equinor and Polenergia’s Bałtyk II and Bałtyk III offshore wind projects in Poland were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme…

Lebanon Wants No Preconditions for Maritime Border Talks with Israel

May 05, 2021

Lebanese President Michel Aoun said on Tuesday there should be no preconditions for talks with Israel over their Mediterranean border dispute, key to Lebanon's hopes to find gas reserves amid its worst economic crisis since its 1975-1990 civil war…

Saipem Names New CEO

May 04, 2021

Italian oil and gas and renewable industry services giant Saipem has appointed Francesco Caio as its new CEO.Born in 1957, Caio has a degree in Electronic Engineering from the Politecnico di Milano and a Masters in Business Administration (MBA) from INSEAD Fontainebleau…

3D at Depth Acquires Hybrid AUV/ROV

May 04, 2021

Subsea laser LiDAR (SL) technology and 3D data visualization solutions specialist 3D at Depth Inc. has acquired Saab Sabertooth Hybrid AUV / ROV. The company said that the multi-million-dollar investment will complement 3D at Depth's SL Subsea…

Eidesvik Offshore's Chairman Set to Resign. Replacement Nominated

May 04, 2021

Norwegian offshore vessel operator Eidesvik Offshore has nominated a new chairman of the board after its current chairman Kolbein Rege said he would resign at the next shareholders' meeting.'After nearly 27 years of service,  the Chairman of the Board…

ConocoPhillips' Profit Beats Expectations

May 04, 2021

ConocoPhillips reported first-quarter profit that beat Wall Street expectations on Tuesday as vaccines-led return of travel demand and a winter storm that swept parts of the United States in February boosted prices for oil and gas.Higher crude…

Neodrill to Provide Lundin with CAN-ductors for Offshore Wells in Norway

May 04, 2021

Norway-based Neodrill, a company offering its Conductor Anchor Node technology for the offshore oil and gas industry, has signed a frame agreement with oil and gas operator Lundin Energy for the deployment of its CAN-ductor technology on Lundin's Norwegian offshore oil fields…

X1 Wind Set to Deploy PivotBuoy Floating Wind Tech in Canary Islands

May 04, 2021

Barcelona-based floating wind technology developer X1 Wind is gearing up to deploy its PivotBuoy floating wind technology in the Canary Islands after completing the assembly and load-out of a fully functional prototype. The aim of the tech is…

Lebanon, Israel Resume Talks on Maritime Border Dispute

May 04, 2021

Lebanon and Israel resumed U.S.-mediated talks on Tuesday over a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, an official Lebanese source said.The longtime foes held…

Saudi Aramco Sees 30% Rise in 1Q Profit

May 04, 2021

State-run oil producer Saudi Aramco beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.Earnings by global energy companies such as Exxon Mobil have climbed on the back of rising crude prices…

European Commission Approves $480M Danish State Aid for Renewable Electricity Production

May 04, 2021

The European Commission on Tuesday approved 400 million euros ($480.12 million) Danish state aid supporting the production of electricity from renewable sources, according to a statement.'This Danish scheme will contribute to substantial reductions in greenhouse emissions…

DNV, Vinde to Inspect Vår Energi's Offshore Assets

May 04, 2021

Norway-based oil company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between DNV and Vinde Tilkomstteknikk. The contract will cover inspection services to the oil and gas operator’s full portfolio of assets on the Norwegian Continental Shelf…

Current News

Jumbo Scoops Two Offshore Wind Contracts

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Shell Picks Valaris Drillship for Work Offshore Brazil

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