Equinor on Wednesday said it believes the decision of U.S. President Donald Trump's administration to halt the construction of a multi-billion dollar offshore wind power project is unlawful and that the group may take legal action.In a blow to the nascent U…
Nexans has secured a contract by Interconnect Malta (ICM) to deliver high-voltage subsea cable for Malta’s second interconnector.The new high-voltage alternating current (HVAC) link will reinforce Malta’s electricity system, ensuring a stable and resilient energy supply…
The Norwegian Offshore Directorate has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/1-14 in production license 873 B, which is operated by Aker BP, with a 47.7% working interest.Aside from Aker BP…
BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker refining and gas trading and announced the departure of its strategy chief.CEO Murray Auchincloss is in under pressure from activist investor Elliott to improve profitability and cut costs…
Equinor and Polenergia have secured a final environmental decision for Bałtyk 1 offshore wind farm from the Regional Director for Environmental Protection (RDOŚ) in Gdańsk, Poland.This marks a milestone in the further development of what could…
German engineering firm Jörss - Blunck - Ordemann (JBO) has secured two offshore wind foundation design contracts with asset manager Luxcara for projects in the German exclusive economic zone (EEZ).The contracts are for Waterkant and Waterekke offshore wind farms…
Portugal's Galp Energia reported a 29% drop in adjusted first-quarter core profit on Monday, hit by falling oil output and a decline in refining margins to less than half the levels booked a year ago.Adjusted earnings before interest, taxes…
Italian energy contractor Saipem has secured a $590 million contract by Eni in the U.K. for the Liverpool Bay carbon capture and storage (CCS) project.The contract the course of three years, required to complete the project, which reached financial close earlier in April…
The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The…
GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U…
Dutch offshore installation firm Van Oord has introduced Jet-It as the latest unit to join its trencher fleet, following the completion of a test campaign in the North Sea.Building on the expertise gained from its previous trenchers, Dig-It and Deep Dig-It…
The first wind turbine for 960 MW He Dreiht offshore wind farm, Germany’s largest offshore wind farm currently under construction, has been installed in the North Sea.He Dreiht is being built roughly 85 kilometers northwest of Borkum and about 110 kilometers west of Helgoland…
The trial of AI-powered vision systems to monitor bird movement at offshore wind farm, conducted by Spoor AI, Vattenfall, and the British Trust of Ornithology, has proved promising.The trial was conducted at Vattenfall’s Aberdeen Bay Offshore Wind Farm…
The North Sea Transition Authority (NSTA) has agreed to extend Centrica Offshore UK’s consent to operate the Rough gas storage site, off the east coast of England in the Southern North Sea.The extension runs until April 30, 2026, and enables Rough to continue to support the U…
RWE has stopped its U.S. offshore wind activities for now in light of regulatory uncertainty under the administration of President Donald Trump, its CEO said in a speech manuscript published ahead of the utility's annual general meeting.The…