Fairfield Betula, a UK company focused on offshore decommissioning, has extended the charter for the use of Solstad Offshore's Far Symphony platform supply vessel.Solstad Offshore said Friday that the contract for the PSV was firm until the…
Canadia subsea robotic company Kraken Robotics has completed its third offshore data acquisition and technology demonstration campaign as part of the $19 million OceanVision project.During the campaign, Kraken deployed its new SeaScout system…
Offshore drilling contractor Noble Corporation has secured a contract extension for the Noble Mick O'Brien jack-up rig in Qatar.The Noble Mick O'Brien jack-up had had a contract with Qatar Gas running until mid-November 2020.Qatar Gas has now extended the contract…
Offshore heavy lifting specialist Heerema Marine Contractors has decided to close its joint ventures in Angola. Heerema said Friday that the ongoing poor market conditions and sustained low oil price meant that its Angola ventures were no longer economically viable…
The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as it seeks to become climate neutral by mid-century, according to a draft policy.The 27-nation EU, which is already home to 42% of the world's offshore wind capacity…
Malaysian oil giant Petronas has announced its plan to achieve net-zero carbon emissions by 2050.The company' President and Group Chief Executive Officer, Tengku Muhammad Taufik said: 'As the world contends with the many challenges brought about by energy transition…
Vattenfall's new CEO, Anna Borg, will increasingly partner with other companies rather than go it alone to grow its portfolio of European offshore wind projects, she told Reuters.Formerly the CFO at the company, Borg took over from Magnus Hall on Nov…
OGUK, the representative organization for the UK offshore oil and gas industry, has started 'a first-of-its-kind' survey that will deliver a baseline for diversity and inclusion (D&I) demographic and sentiment within the sector. OGUK said the…
After a string of offshore oil discoveries in Suriname's Block 58 in the past year, U.S. oil firm Apache is lining up another exploration well and is set to award two rig deals for the 2021 drilling program.To remind, the company, with its partner Total…
Canada on Thursday announced one of its largest-ever investments in tidal energy — $28.5 million to Sustainable Marine in Nova Scotia to deliver Canada's first floating tidal energy array.Sustainable Marine has developed a floating tidal energy…
The start-up of the Total-operated Tyra Redevelopment Project in the Danish Sector of the North Sea is now expected in the second quarter of 2023, and not in 2022, Noreco, a partner in the project, said Friday.'Due to COVID-19, local governmental…
Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…
Spanish wind energy group Iberdrola's plans to spend around $88 billion on renewable power by 2025 eclipse Europe's top oil companies' combined planned investments in low-carbon over the same period.Royal Dutch Shell, BP, Total, Norway's Equinor…
Genesis Energy LP said it expects to lose as much as $50 million this year due to a battery of storms that hit the U.S. Gulf of Mexico and forced lengthy offshore oil and gas production shut-ins, Chief Executive Grant Sims told investors on Thursday…
Worlds largest offshore wind development company Ørsted has awarded Seiche a contract to ensure marine mammal safety during the construction of the Hornsea Two offshore wind farm in the UK.Seiche, which provides marine technology and environmental…
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