Palatka, Fla. shipbuilder St. Johns Ship Building held a keel laying ceremony on January 18 for the second in a series of up six new aluminum crew transfer vessels (CTVs) for Rhode Island-based Atlantic Wind Transfers (AWT) to service the offshore wind farm industry…
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…
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…
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…
Subsea cable maker Hellenic Cables plans to invest around 80 million euros (currently ~$86,47 million) over two years to meet the growing demand for 'electrification driven by the accelerating transition to a low-carbon economy.'The program…
A floating terminal to import liquefied natural gas (LNG) arrived in the port of Brunsbuettel on Friday, the third such vessel to start up in recent weeks as Germany rushes to diversify away from former top supplier Russia.The Hoegh Gannet floating…
Top oilfield services firm SLB on Friday reported results that topped Wall Street estimates for fourth-quarter profit on strong global demand for its drilling services and equipment.Formerly called Schlumberger, SLB has benefited from increased…
Norway's crude oil output rose in December from the previous month, but lagged the official forecast, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output rose to 1.77 million barrels per day (bpd) in December…
Capricorn shareholders should vote to remove its chief executive and six other directors from the board on Feb. 1, shareholder proxy adviser Institutional Shareholder Services (ISS) has recommended in a document seen by Reuters on Thursday. The…
Thai oil and gas company PTTEP has hired Honeywell as the carbon capture technology provider for the Arthit Carbon Capture and Storage Project in the Arthit Gas Field in the Gulf of Thailand. Honeywell said its Separex Membrane Technology will…
Britain's opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government - a big change from current UK energy policies.Starmer said during a panel discussion at the…