Welsh Government and Cornwall and Isles of Scilly Local Enterprise Partnership have formally launched the Celtic Sea Cluster, to help drive market creation for floating wind, accelerate supply chain readiness and develop a strategy for upgrading regional infrastructure…
Harbour Energy, a London-listed oil firm created through a merger between Chrysaor and Premier Oil, has decided to exit the Sea Lion oil field development in the Falkland Islands.The company has a 60 percent stake in the oil field, with Rockhopper Exploration holding the remaining 40 percent stake…
Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.The…
SEA-KIT, a company designing and building Uncrewed Surface Vessels (USVs), has won funding to install a PCB-based hydrogen fuel cell, engineered by Bramble Energy, on its 12m USV ‘Maxlimer’ and demonstrate zero-emission maritime operations.SEA…
Norway-based Solstad Offshore has secured an 18-month charter for its platform supply vessel Sea Falcon.The offshore vessel owner said the contract, with an unnamed client, included a one-year extension option.Solstad did say that the client…
Venezuelan state oil company PDVSA would need $58 billion in investment to revive its crude production to the levels of 1998 before ex-President Hugo Chavez came to power, equivalent to 3.4 million barrels per day (bpd), a document seen by Reuters shows…
Belgian offshore installation firm DEME has, via its French branch SDI, secured an engineering, procurement, construction, and installation contract for an export cable that will connect the Leucate Floating offshore wind farm to the power grid…
Six environmental organizations, including the World Wildlife Fund and Greenpeace, on Monday, called on Norway to stop plans to open ocean areas for deep-sea mining.The government in January launched a process to open areas on its extended continental…
Sea Ranger Service, the Netherlands-based company that has been carrying out surveying and research tasks in the North Sea with emissions-free sailing offshore work vessels since 2018, has appointed Christel Pullens as its new managing director effective March 1…
The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed.To remind, Premier Oil, the operator of the Sea Lion development…
Italian oil giant Eni has recently extended the contract for Saipem's Saipem 10000 drillship.The news was shared by the Italian energy services company Saipem on Thursday in its full-year and fourth-quarter 2020 report.'The most significant…
Italy’s Eni will expand its renewable energy in Europe, the U.S., and the Pacific by developing its own projects and making small acquisitions, the group’s clean energy head said on Friday.Eni, which currently has a renewable energy capacity of only 350 megawatts…
Oil and gas firm Rockhopper Exploration, with an interest in the Sea Lion project off the Falkland Islands, and Premier Oil as the operator, have reached an agreement with Israeli firm Navitas Petroleum to extend the exclusivity period for the latter's farm-in into the project…
ST Engineering Halter Marine and Offshore has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship and upgraded its Ballast Water Treatment System.The Ocean BlackLion drillship arrived in ST Engineering…
Global oil demand will soar by a record 7 million barrels per day (bpd) in 2021 as the global economy recovers from the coronavirus pandemic but will remain below 2019 levels, OPEC said in its monthly report.It was the first report in which OPEC assessed oil markets next year…