Global Energy Group (GEG) has welcomed the first delivery of transition pieces for the 882MW Moray West Offshore Wind Farm to the Port of Nigg in the Cromarty Firth, Scotland.Ocean Winds, the 50:50 joint venture between Engie and EDP Renewables…
Axess Technologies has signed a caisson replacement contract with Equinor for Oseberg C platform located in the North Sea.Through a study conducted earlier in 2023, it was determined that the replacement method would be similar to that done on the Brage platform in 2018…
Shell has authorized contractor McDermott International to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast, the contractor disclosed on Tuesday.Trinidad is Latin America's largest LNG exporter…
Germany's top utility RWE will raise investments in green energy technologies to 55 billion euros ($60.21 billion) over the next seven years, it said on Tuesday ahead of its capital markets day.'Thanks to our significant financial headroom,…
Investors are increasingly pessimistic about the outlook for crude oil prices as doubts grow OPEC+ will cut production enough to offset rising non-OPEC output and a deteriorating economic outlook.But many professional money managers are more optimistic about refined fuel prices…
January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.A total of five cargoes - each 700,000 barrels - of Troll will load next month…
Windcat has placed an additional order of two Commissioning Service Operation Vessels (CSOVs) with Damen Shipyards.The order increases Windcat’s CSOV fleet to five vessels, leaving the option of acquiring a sixth vessel. This development follows…
The UK Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum, set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed…
Environmental groups on Tuesday will ask a Norwegian court to block the development of three North Sea oil and gas fields, citing insufficient assessment of global climate impact from future petroleum use.The lawsuit filed by Greenpeace and…
NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector.Floating wind farms are often farther offshore, in deeper waters and in harsher environments…
Lifting specialist KenzFigee has signed a contract with Aker Solutions for the supply of an offshore pedestal crane destined for the Norfolk Vanguard West offshore wind farm developed by Vattenfall.The delivery involves an electric hydraulic box boom offshore Ram Luffing 2400 type with a SWL of 20t…
Denmark, France, Germany, Sweden and the Netherlands have signed the Aalborg Declaration that aims at joint European cooperation on CO2 capture, use and storage (CCUS).CO2 capture, use and storage must be scaled up, both nationally and at European level…
U.K.-based energy management and storage technologies company Verlume reports an increasing headcount and sales growth in 2023 across several markets including offshore wind, subsea monitoring and offshore charging. The company said it has increased…
Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects.The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks…
The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance.…