Dutch offshore and marine services firm Boskalis said its Offshore Energy division saw its revenue increase by 50%, with an EBITDA increase of almost 70% in the first half of 2023.All business units within the Offshore Energy branch saw increases in both revenue and earnings…
Denmark-based offshore wind developer Ørsted has divested 25% of the London Array Offshore Wind Farm.Ørsted in July, signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets…
Norway-based marine seismic survey services firm PGS has entered a one-year strategic collaboration with ocean bottom node seismic operations specialist inApril for the hybrid towed streamer and ocean bottom node market.'The strategic collaboration…
Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second-largest liquefied natural gas (LNG) plant at Gorgon and at its Wheatstone operations after voting opened on Friday for a union ballot. Australia is one of the largest exporters of LNG to the world…
Hartshead Resources and its joint venture partner Rockrose Energy have awarded a contract for a geophysical pipeline survey for the Anning and Somerville fields in the UK North Sea to Gardline.The contract award comes after a competitive tender and subsequent technical and commercial bid evaluation…
Norwegian offshore crane supplier Red Rock said Wednesday it had successfully commissioned a 'highly advanced' 40T AHC Offshore Crane on an offshore vessel for a client in UAE. 'Overload test and functional tests were done with client and Class Society present…
The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to energy intelligence group Wood Mackenzie.This…
Ocean Power Technologies said Thursday it had made a pivotal achievement in the autonomous maritime technology field, by demonstrating the Wave Adaptive Modular Vessel (WAM-V) attaching itself remotely to a buoy and establishing a connection that will enable charging…
The Netherlands' highest court on Wednesday ruled that construction of a major carbon capture project in the Rotterdam port area can go ahead, despite objections by environmental activists.The planned 'Porthos' project would be Europe's largest carbon capture…
Renewable energy firms Mainstream Renewable Power and Ocean Winds have partnered to develop a second ScotWind floating offshore wind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm to 2.3 GW.Arven comprises two sites…
Offshore drilling contractor Transocean said Wednesday that the world’s first subsea 20,000 psi blowout preventer (BOP) had been successfully deployed from its Deepwater Titan drillship.The 20K BOP stack, supplied by NOV, is designed for use…
Global Wind Projects, a provider of onshore wind turbine crane and installation services, has started work on its first offshore wind project.The company recently won a contract with Neart na Gaoithe offshore wind farm Tier 1 contractor Siemens Gamesa to provide cranes…
Abu Dhabi's ADNOC Gas said on Thursday it had signed a five-year deal to supply liquefied natural gas (LNG) to Japan Petroleum Exploration Co (Japex). The deal is valued at between $450 million to $550 million, ADNOC Gas said, without providing LNG volumes or timing for the shipments start…
Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker crown currency, a national statistics office (SSB) survey showed on Thursday…
There is no contradiction between defending an ecological transition and new oil exploration fronts, the chief of staff for Brazil President Luiz Inacio Lula da Silva said on Wednesday, as state-run giant Petrobras seeks clearance to drill a well at the mouth of the Amazon River…
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