Oslo-listed Vaar Energi, majority-owned by Italy's Eni, on Tuesday reported a stronger than expected third-quarter operating profit and guided for lower costs in 2024, boosting its shares in early trade.Its earnings before interest and tax (EBIT)…
TDI-Brooks, a U.S.-based marine services company specializing in geotechnical and offshore survey projects, has completed its fifth geotechnical investigation for DenAr Ocean Engineering in Black SeaThe RV NAUTILUS was dispatched to the Black Sea from the US East Coast to facilitate this operation…
Norway's combined petroleum utput lagged an official forecast by 1.7% in September as gas production was lower than expected, the Norwegian Offshore Directorate (NOD) said on Monday.Norway is Europe's largest supplier of natural gas and a major producer of oil…
Statkraft has submitted a planning application for the 2.1 GW Baltic Offshore Delta North bottom-fixed offshore wind farm in the Baltic Sea.The Delta North windfarm is located in Sweden’s economic zone, approximately 100 kilometers east of Stockholm and 55 kilometers east of Sandham island…
France will launch tenders in coming months for two fixed and three floating wind farms totalling 9.2 gigawatts (GW), the energy ministry said in a decision published on Friday.The projects will be built off the coast of Fecamp, northwest France…
MOL Group and Turkish Petroleum Corporation (TPAO) have signed a memorandum of understanding (MoU) to cooperate as strategic partners in the exploration and production of hydrocarbons.The companies agreed to elevate their cooperation to a new…
Neart na Gaoithe (NnG) offshore wind farm, owned by EDF Renewables UK and ESB, has generated first power to the UK’s national grid.When fully complete, the wind farm will consist of 54 wind turbines generating up to 450 MW of clean, green electricity…
Britain has imposed sanctions on 18 further Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against the country's so-called 'shadow fleet,' the government said on Thursday.Britain says the 'shadow…
Norwegian cleantech service provider Soiltech has secured a contract from Equinor to provide solid waste handling of drill cuttings on Equinor’s Statfjord B platform in the North Sea.Soiltech will install its solutions for handling of the drill…
Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, has been selected to provide cranes and lifesaving equipment for RWE’s German Nordseecluster substations.The Nordseecluster project…
Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to Asia to try to nearly halve the journey time along the Northern Sea Route (NSR), a senior state official has said.Russia already uses…
Beam, a company created by the merger of Rovco and Vaarst, has unveiled SubSLAM X3, a new underwater perception system designed to enhance the monitoring and maintenance of offshore wind farms.SubSLAM X3 offers real-time, high-resolution 3D…
CorPower Ocean has secured $35 million (€32 million) funding in an investment round set up to support the commercial roll out of its wave energy technology.The Series B1 investment round was led by NordicNinja, the largest Japanese backed VC in Europe…
Inyanga Marine Energy Group has taken over the operatorship of D10 tidal energy turbine in France, deployed in the Fromveur Passage, off the coast of Brittany, following the liquidation of its previous owner Sabella.Initially deployed in 2015…
Consulting and engineering firm Wood has taken charge of the Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects.The guidelines…