Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence company Intelatus Global Partners sees continued efforts by the federal government and, in particular, the East Coast states…
Israel is suspending production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday, following three days of violence in the region.Chevron, which operates the field…
Jumbo Offshore was contracted by Van Oord for the transport and install of transition pieces for the Baltic Eagle offshore wind project in the German Baltic Sea. Operations on the project are to commence in October 2023.Under the contract, Jumbo…
OPEC raised its world oil demand forecasts for the medium and long term in an annual outlook, and said $14 trillion of investment is needed to meet this demand even as renewable fuel use grows and more electric cars take to the road.The view…
Shares in European-listed companies with major business exposure to Israel fell on Monday on concerns over the potential for their operations there to be affected by a possible escalation of the conflict in the Middle East.Energean fell as much as 16…
Dutch and British wholesale gas prices rose on Monday morning as workers at Chevron liquefied natural gas (LNG) facilities voted to restart strikes, expectations of colder weather, and amid fears of tension in the Middle East region.The Dutch November contract rose by 3…
High voltage engineering specialist, Ventus Energy, said Monday it had secured a significant contract to supply highly skilled senior authorised persons (SAPs) for 24/7 support at a UK offshore wind farm, Dogger Bank. Awarded to the organization’s North Shields base in the north-east of England…
Preparations were underway to inspect a subsea gas pipeline connecting Finland and Estonia after a sudden drop in pressure was detected, Finnish gas system operator Gasgrid said on Monday.The Balticconnector link was shut early on Sunday on…
Dutch offshore installation firm Van Oord said Monday that its flexible fallpipe vessel Nordnes had recently reached a major milestone.'The vessel has installed a staggering 20 million tonnes of rock, a record unparalleled in the subsea rock installation market…
Oslo-listed offshore service company Argeo said Friday it would upgrade its subsea vessel, Argeo Searcher, to expand its capabilities for the oil and gas subsea market and marine minerals seabed exploration.'The vessel upgrade will be carried out at Fjellstrand…
Repairing a subsea gas pipeline connecting Finland and Estonia that was shut on Sunday due to a suspected leak could take months or more if a puncture is confirmed, Finnish gas system operator Gasgrid said.The Balticconnector pipeline suffered a sharp drop in pressure…
The independent energy expert and assurance provider DNV has partnered up with Oceans of Energy, a Dutch company specializing in offshore solar technology, services, operations, and ecological and energy systems research, to accelerate the deployment and scaling of offshore solar technologies…
The United Arab Emirates is refashioning the state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximize earnings for the Gulf state…
Danish offshore wind turbine maker Vestas has recently secured a 960 MW firm order for its flagship offshore wind turbine, V236-15.0 MW.The order includes 64 V236-15.0 MW wind turbines for the He Dreiht project located in the German waters of the North Sea…
Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas, according to a draft government document seen by Reuters.The new timeline casts fresh doubts…