Early-stage floating wind farm developer Simply Blue Energy has hired engineering firm Wood for pre-FEED work related to its proposed Western Star floating offshore wind farm, to be located off the west coast of Ireland.Simply Blue Energy plans…
Japan's JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin's biggest fields in a deal that could fetch up to $1.5 billion, five banking sources [told Reuters this week].The sale is the latest…
Germany and Norway officially opened NordLink on Thursday, a direct power cable between the two countries that will provide Europe's largest economy with green energy at a time it is phasing out polluting coal power.Norway's electricity production…
Some €6.5 billion (around $7,9 billion) in port infrastructure investments will be necessary for Europe to reach its 2030 offshore wind objectives, according to WindEurope.WindEuope, which says that ports are key to offshore wind development…
Danish offshore drilling company Maersk Drilling has struck a deal to sell the drilling and production unit Mærsk Inspirer, on contract with Repsol at Yme offshore field in Norway, to Havila Sirius for $373 million.As part of the deal, Repsol will…
When U.S. President Joe Biden’s administration approved the country’s first major offshore wind farm this month, it billed the move as the start of a new clean energy industry that by the end of the decade will create over 75,000 U.S. jobs.Industry executives and analysts do not contest that claim…
ORPC has engaged Sustainable Marine’s Swift Anchors division to provide its novel rock anchoring system for ORPC’s Advanced TidGen Project set to launch in Maine later this year.Swift Anchors will be among a number of subsystems which ORPC will develop…
Wintershall Noordzee, a Dutch joint venture between Gazprom and Wintershall Dea has awarded Archer Oiltools the contract for a plugging and abandonment campaign for the 2021/22 period and for up to 42 offshore wells.Oil services company Archer will provide is Perforate…
Norwegian energy company Equinor has acquired a site at the port of Łeba in northern Poland, to serve as the operations and maintenance (O&M) base for the Polish Baltic Sea offshore wind projects. This, according to Equinor, makes the company…
Liquefied natural gas (LNG) demand growth in Asia will slow down next year as the economic recovery stagnates and the capacity of competing fuels nuclear and coal expand in Japan and South Korea, research consultancy Wood Mackenzie said on Thursday…
A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company's leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change…
Denmark-based offshore wind developer Ørsted has signed a memorandum of understanding with South Korea's Posco to collaborate in the space of offshore wind and renewable hydrogen.Under the agreement, Posco will support the development of Ørsted's 1…
Floatel International, a company providing offshore accommodation services to the international oil and gas industry, has won its first offshore wind assignment.'The company is proud and honored to announce that the Group has been awarded its first offshore wind farm contract…
Dutch offshore survey firm Fugro has won a contract renewal with the U.S. offshore wind developer Atlantic Shores Offshore Wind.The contract is for the provision of real-time wind and metocean measurements off the coast of New Jersey in the U…
Norwegian marine seismic surveyor PGS has said it has won a 'significant' seismic data acquisition contract in the Black Sea. The project is scheduled to start in mid-August 2021 and be completed in November. The customer will have the opportunity to extend the contract…