Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem…
Japan's Mitsui OSK Lines (MOL) said on Wednesday it had signed a long-term charter contract with the new Russian operator of the Sakhalin-2 liquefied natural gas (LNG) project for LNG carrier Grand Mereya to continue its shipping service.Russian…
Germany's BKA federal police assumes explosions in the Nord Stream pipelines last week were 'a targeted act of sabotage' and said it is probable that state actors were involved, the Spiegel weekly reported, citing a letter to industry representatives…
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…
Oilfield services firm Petrofac has officially taken over operatorship of the Northern Endeavour FPSO on behalf of the Australian Government, following the decommissioning contract award earlier this year.The Northern Endeavour FPSO is currently moored between the Laminaria and Corallina oil fields…
One of President Vladimir Putin's top allies said on Wednesday that the sabotage of the Nord Stream offshore gas pipelines resembled the U.S. Central Intelligence Agency-backed attacks on oil infrastructure in Nicaragua in 1983.Nord Stream 1 and Nord Stream 2 offshore gas pipelines…
Offshore drilling company Dolphin Drilling has secured a 12-month offshore drilling rig contract with Nigeria-based General Hydrocarbons Limited (GHL). The contract is worth $96 million.The contract is for the 1974-built Blackford Dolphin semi-submersible drilling rig…
Offshore energy engineering and construction services firm Lamprell and International Maritime Industries (IMI) on Tuesday announced the completion of the load-out and float-off of the second jackup drilling unit being constructed for IMI.The…
Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, has appointed Joris Veldhoven as the company’s first Chief Executive Officer.The joint venture is working to develop offshore wind projects on the U…
Exxon Mobil XOM.N is working with its partners on the U.S. company's exit from the Sakhalin-1 oilfield in eastern Russia, its head of upstream operations said on Tuesday. Production from the giant field, which Exxon operates and in which it owns a 30% stake…
African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy position that sees fossil fuels as necessary to expanding economies and electricity access, the continent's top energy official said on Tuesday…
Norwegian energy company Sval Energi said Monday it had strengthened its position on the Norwegian Continental Shelf by closing the previously announced Martin Linge and Greater Ekofisk Area transactions with Equinor and the acquisition of Suncor Energy Norge AS…
Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters.The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area…
Britain must be careful not to spook investors with its energy reforms, so it can continue attracting funds for its transition to a cleaner future, the CEO of renewables and networks company SSE said on Monday.Britain has a target to install up to 50 gigawatts (GW) of offshore wind capacity by 2030…
European governments should tax the wealthy to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell Chief Executive Officer Ben van Beurden said on Tuesday.Speaking before the Energy Intelligence Forum in London…