Norway-based offshore crane maker Red Rock said Monday it had received an order to deliver a 40t active-heave compensated offshore crane.The crane will be delivered in the first quarter of 2023 from Red Rock's workshop in Poland. After the test…
Spanish power company Iberdrola is considering the sale of a stake in its U.S. renewables business to help to finance new investments, two sources with knowledge of the matter told Reuters. One of the sources said that Iberdrola had appointed…
Baker Hughes Co on Monday reported results that missed Wall Street's fourth-quarter profit estimate but offered an upbeat outlook on rising demand for oil and natural gas.The oilfield services industry grew last year on higher activity in response to elevated oil prices…
With the creation of a full-fledged U.S. offshore wind industry undoubtedly comes many opportunities for those that own, operate, build and service relevant vessels as developers work toward the nation’s goal of 30 gigawatts (GW) of offshore wind by 2030…
Pipeline operators Gascade and Fluxys are stepping up the pace on plans for a green hydrogen pipeline in the North Sea by applying to the European Commission to qualify for fast-track approvals and funding, they said on Monday. Germany and the…
A CGX Energy Inc. and Frontera Energy Corporation consortium has started drilling the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.To remind, under the Corentyne block license terms, the joint venture was previously required to spud Wei-1…
Charges unveiled by two offshore wind sector leaders highlight the challenges the fast-growing renewables industry is facing, ranging from quality issues to cost inflation, that are hitting profit outlooks. Denmark's Ørsted, the world's No. 1 offshore wind farm developer…
Germany said on Friday it has drawn up new development plans for offshore wind turbine sites to reach a target for 30 gigawatts (GW) of installed wind power capacity by 2030.The plans by the Federal Maritime and Hydrographic Agency (BSH) will ensure that the target can be met…
An offshore oil worker went missing from a drilling rig in the UK North Sea, 100 miles southeast of the Aberdeen coast, on Sunday.The BBC reported Monday that a search and rescue operation had been launched after an alarm was raised at around 9 p…
The chief executive of Italy's Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni's backing for an unprecedented fourth term at the top energy group, sources told Reuters.Another three years in office would make Descalzi…
Danish offshore wind installation vessel owner Cadeler has awarded Semco Maritime a contract for vessel modifications as part of the upgrade of main crane capacity on Cadeler’s two O-class windfarm installation vessels (WFIV), Wind Orca and Wind Osprey…
The FPSO built for the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has set sail towards the project site off the coasts of Mauritania and Senegal.The FPSO departed the Cosco shipyard in Qidong, China, on Friday…
Briggs Marine and its sister firm ARB Wind have secured a contract to deliver a temporary dehumidification system for ten offshore wind transition pieces at the Neart na Gaoithe offshore wind farm project to control humidity levels. The Neart na Gaoithe offshore wind farm project is located 15…
Marco Polo Marine, the Singapore-based marine logistics company, has awarded SMST the contract for the delivery of a gangway and a crane for its offshore wind Commissioning Service Operations Vessel (CSOV). The vessel will be used in commissioning…
Bureau Veritas has been awarded the project certification of Arklow Bank Wind Park Phase 2, off the east coast of Ireland at Arklow, Co. Wicklow, following a competitive tender process.SSE Renewables, the owner of the project, will invest up to €2…