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Boskalis Wins 'Large' Contracts for Baltica 2 Offshore Wind Farm

Sep 05, 2023

Dutch offshore installation services firm Boskalis has secured two contracts for the transportation and installation of the export and array cables for the Baltica 2 offshore wind farm off the coast of Poland. The two contracts have a combined value which is considered to be 'large…

Former Lundin Energy Head Takes the Helm as CEO of Vår Energi

Sep 05, 2023

Norwegian oil and gas company Vår Energi has appointed Nick Walker as its Chief Executive Officer (CEO), with its former CEO, Torger Rød, assuming the new role as Chief Operating Officer (COO) with a focus on 'continuous improvement, integration…

EnQuest Swings to First-half Loss on UK Windfall Tax on Oil & Gas Sector

Sep 05, 2023

British North Sea-focused oil producer EnQuest reported a loss after tax for the first half of this year on Tuesday, hit by the UK's windfall tax on the sector.The company, which has operations in the UK and Malaysia, reported loss after tax of $21…

GE Vernova's SeaGreen Power and Propulsion for Excelerate Energy's New FSRU

Sep 05, 2023

GE Vernova’s Power Conversion recently won a contract award from HD Hyundai Heavy Industries Co. to supply GE Vernova’s SeaGreen integrated power and propulsion system, equipped with high power-density induction motor technology, to power and…

Chevron Faces Two-week Total Strike at Australia LNG Projects

Sep 05, 2023

Workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) projects in Australia plan a total strike for two weeks from Sept. 14, a union alliance said on Tuesday, a significant escalation on disputes over pay and conditions.The…

Petrobras Walks Back Four Divestment Processes

Sep 04, 2023

Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which were launched during the country's previous administration.The oil giant said…

Aker BP Celebrates Steel Cutting for Yggdrasil and Valhall PWP-Fenris Developments

Sep 04, 2023

Norwegian oil and gas firm Aker BP on Monday celebrated the first official steel cut for its two major developments, Yggdrasil and Valhall PWP-Fenris on the Norwegian shelf. The event at Stord marks the start of three years of high activity…

Israel, Cyprus, and Greece Mull Energy Pacts to Tap Regional Gas

Sep 04, 2023

The leaders of Israel, Greece and Cyprus pledged to deepen their energy cooperation on Monday and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.The eastern Mediterranean has yielded major gas discoveries in the past decade…

New Leadership, New Direction: Petrobras Puts Brakes on Some Asset Sales

Sep 04, 2023

Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes that were launched during the country's previous administration. The oil giant said…

Aibel Renews Contract with Coor for Facility Management Services

Sep 04, 2023

Facility management services firm Coor has won a contract extension with Norway's Aibel, a service company specializing in oil, gas and renewable energy. Since 2014 Coor has developed and delivered integrated facility management services to five of Aibel’s facilities in Norway…

Aker BP, Höegh LNG in Carbon Transport and Storage Services Pact

Sep 04, 2023

Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a 'fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe…

DNV Gives Thumbs Up to Moss Maritime's LH2 Ship Transport Solution

Sep 04, 2023

Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem,  has secured an Approval in Principle (AIP) from the classification…

Prysmian's Leonardo da Vinci Vessel Begins Laying Cable for RWE's Sofia Offshore Wind Farm

Sep 04, 2023

Offshore construction has officially started at RWE’s 1.4 gigawatts (GW) Sofia Offshore Wind Farm to install essential subsea cable infrastructure from the UK’s northeast coast to the wind farm site on Dogger Bank, in the central North Sea.Cable…

Eni, Snam Set Ambitions for Italy's First Carbon Storage Hub

Sep 04, 2023

Carbon capture and storage (CCS) technology is key to ensuring the survival and competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.The two groups joined forces…

How Serious a Problem is the Cost Issue in U.S. Offshore Wind?

Sep 04, 2023

Much has been written recently about the challenges facing U.S. offshore wind projects, resulting in requests to terminate or renegotiate contracts to sell power to states. Examples of these challenges can be found from Massachusetts to Virginia…

Current News

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