A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to begin…
Renewable energy firm RWE has informed that Triton Knoll offshore wind farm in the UK has installed its final turbine.The last of the Vestas 9.5 megawatts (MW) turbines was erected early on Friday at what is the most powerful offshore wind farm being constructed by RWE…
Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps…
Energy consultancy Xodus, tasked by the British Consulate-General in Boston, Massachusetts, to carry out a study on the prospects available for UK companies to enter the booming US offshore wind market has found that there are multiple opportunities…
Britain and Norway on Thursday signed a bilateral treaty on electricity interconnection to help formalize power trading between the two countries, Britain's ministry for business and energy (BEIS) said.The agreement comes ahead of the start…
Guyana has granted a unit of Saudi Arabian Oil Co, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.The country in early September…
U.S. Democratic lawmakers on Thursday asked the chiefs of four major fossil fuel companies and two lobbying groups to testify next month on whether the industry led an effort to mislead the public and prevent action to fight climate change.House…
Norwegian offshore support vessel firm DOF said this week its Brazilian subsidiary Norskan had secured a new long-term contract and extended another one with the Brazilian oil company Petrobras.Anchor handler Skandi Botafogo has been awarded…
Australian oil and gas firm Karoon Energy has reached a settlement agreement with Pitkin Petroleum over a dispute related to Block Z-38, offshore Peru. Back in May, Pitkin Petroleum sent a notice of the dispute to Karoon Energy, related to the joint operating agreement in respect of Block Z-38…
Solstad Offshore said Thursday its Far Sapphire vessel has completed the installation of the inter-array cable for the TetraSpar floating wind turbine in Norway.The TetraSpar floating foundation, fitted with an offshore wind turbine, was recently…
Exports of Malaysia's flagship crude oil Kimanis will fall in October and November after a production issue at an offshore oilfield operated by Royal Dutch Shell, three sources with knowledge of the matter said.Petroleum Brunei, one of the stakeholders…
Swedish oil firm Lundin Energy has completed appraisal wells on the Lille Prinsen discovery, north of the Edvard Grieg field in the North Sea, offshore Norway. The two wells have confirmed a combined updated gross resource range of 12 – 60 million…
Subsea services firm DeepOcean has entered into a frame agreement contract with the Norwegian energy giant Equinor for the provision of contingency equipment and services for handling of high voltage subsea cables. The contract is for three years with options to extend up to four additional years…
Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history.FPSO Sepetiba, formerly known as Mero 2…
ExxonMobil Canada has reported that a near-miss incident occurred on the Hebron offshore platform in Canada earlier this week when a hoist hook fell on the deck. Nobody was injured but the incident had the potential for fatality.The Canada-Newfoundland…