The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft 'alliance' plan. The plan is set to be announced at a…
Offshore installation contractor Jan De Nul will this week complete the installation for the offshore wind farm Hollandse Kust (west Alpha) to TenneT's substation 50 km off the coast of Egmond aan Zee, offshore the Netherlands.This will be the second cable connection for this wind farm…
Poland's biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Gamesa Renewable Energy for delivery and installation of 107 offshore wind turbines as part of the Baltica 2 project. The turbines have a total capacity of 1…
Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit.In February, Sembcorp Marine completed a S$4…
Registration for the 50th-anniversary edition of SPE Offshore Europe 2023 exhibition and conference is now open, the organizers said Thursday.The free-to-attend event will be held at P&J Live, Aberdeen, from 5-8 September 2023, and themed ‘Accelerating the transition to a better energy future’…
Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels…
Brazilian oil company Enauta has resumed production from the 7-ATL-2HP-RJS (“2HP”) well in Atlanta offshore field in Brazil, after a halt in early March.Enauta said this week that production had resumed after the installation of the new pump on the seabed…
Deepwater drilling company Transocean has secured $546 million worth of drilling contracts in the past quarter, according to its rig fleet status report issued Tuesday.The contracts were secured by four rigs, the Transocean Enabler, Transocean Encourage…
Investment firm Kistos said Wednesday it had reached a conditional agreement to acquire all of the outstanding shares of Norway-based oil firm Mime Petroleum A.S. from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture…
Norway's natural gas output declined in March from February, missing official forecasts, while oil output grew slightly more than expected, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday. Crude oil output was 1…
Italian oil company Eni has extended the contract for Saipem's 7th-generation Santorini drillship for two years, starting in August 2023.According to Saipem, the extension is worth approximately 280 million dollars. 'To this amount will be added…
C-Innovation, an affiliate of Edison Chouest Offshore (ECO) and its family of companies, announced the opening of its new facility in Port Fourchon, La. The expansion provides an additional dock facility for subsea inspection, maintenance and…
Wave power technology firm Eco Wave Power Global said Tuesday it would launch a U.S. subsidiary under the name Eco Wave Power U.S. The company also plans to establish a corporate office in New York City.'Eco Wave Power’s decision reflects its…
Norwegian shipyard Green Yard Kleven AS has secured a retrofit project with Brazilian offshore vessel owner Oceanica.This is the fourth contract signed with the same shipowner that includes the reactivation and rebuilding of offshore ships bought from Norwegian shipowners…
Norway's parliament on Tuesday told the government to consider an alternative way to cut carbon emissions at Western Europe's largest liquefied natural gas (LNG) plant, but stopped short of outright halting a controversial plan to use power from land…