Canada on Thursday announced one of its largest-ever investments in tidal energy — $28.5 million to Sustainable Marine in Nova Scotia to deliver Canada's first floating tidal energy array.Sustainable Marine has developed a floating tidal energy…
The start-up of the Total-operated Tyra Redevelopment Project in the Danish Sector of the North Sea is now expected in the second quarter of 2023, and not in 2022, Noreco, a partner in the project, said Friday.'Due to COVID-19, local governmental…
Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…
Spanish wind energy group Iberdrola's plans to spend around $88 billion on renewable power by 2025 eclipse Europe's top oil companies' combined planned investments in low-carbon over the same period.Royal Dutch Shell, BP, Total, Norway's Equinor…
Indonesian oil and gas company PT Pertamina Hulu Mahakam has awarded a 1.5-year contract to Japan Drilling Co. (JDC) for the use of the jack-up drilling rig 'HAKURYU-14'.PT Pertamina Hulu Mahakam will use the rig on the Mahakam Block, offshore IndonesiaApart from the firm 1…
Crane specialist Liebherr has informed that a key milestone has been achieved with the construction of the Liebherr Heavy Lift Crane 150000-3000 for OHT's Alfa Lift offshore wind turbine foundation installation vessel.Liebherr said Thursday…
In what has been described as a 'world's first' a spider-like robot recently achieved its first blade walk an offshore wind turbine in the UK, opening door to significant offshore inspection cost cuts.Developed by BladeBUG, with support of the Offshore Renewable Energy (ORE) Catapult…
ADM Energy, an AIM-listed oil and gas investing company with interest in the Aje oil field offshore Nigeria, has appointed Lionel Therond as its Chief Financial Officer.West Africa-focused ADM said this week that Therond had 35 years' experience in the oil & gas sector and investment banking…
Australian oil and gas company Santos has executed documentation to enter into a new US$750 million syndicated bank loan, to refinance existing debt facility established for the acquisition of ConocoPhillips’ northern Australian and Timor-Leste assets…
The last of 13 topside modules has been lifted and installed aboard Eni's Mozambique-bound Coral-Sul FLNG facility, being built by Samsung Heavy Industries in South Korea.The lifting of the module marks the end of the onshore-modules fabrication…
Seismic survey vessel fleet owner Shearwater GeoServices and seismic data firm CGG have abandoned their plans to form a joint technology partnership in the space of marine seismic streamers, as proposed in June 2019.Under the agreements between the two companies signed last year…
Oil and gas company Petrogas E&P Netherlands has hired Maersk Drilling's jack-up rig Maersk Resilient to drill three wells in the Dutch sector of the North Sea. The 110-day contract for the harsh-environment drilling unit is expected to start…
Brazilian oil firm Petrobras has announced the start of the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster, located in the state of Ceará, Brazil.The fields comprising the Ceara Cluster are Tuna, Curimã…
Crane specialist Palfinger will deliver two wire luffing lattice boom cranes to the largest FPSO vessel ever delivered to Brazil. The FPSO, to be delivered by Japan's Modec, will be deployed at Equinor's Bacalhau field (formerly Carcará), about…
Norway's IKM Group said Wednesday it has acquired 100% shares in the Norwegian offshore oil and gas consultancy Acona.Acona provides services within Well Management and Engineering, Environmental & HSEQ&Risk Services, Field Development, and Consultancy Services…