Offshore installation contractor Jan De Nul has completed the installation of 72 wind turbines at Vattenfall's Kriegers Flak offshore wind farm in Denmark.The Siemens Gamesa turbines, at 8.4MW each, will produce enough green electricity for the annual needs of approximately 600…
The cost of renewable energy sources is undercutting that of new and some existing coal-fired power plants, a report by the International Renewable Energy Agency (IRENA) showed on Tuesday.Due to cheaper renewable energy, up to 800 gigawatts…
Malaysia's Serba Dinamik Holdings Bhd will take legal action against its auditor KPMG for negligence and breach of contract, its chairman Mohamed Ilyas Pakeer Mohamed said on Tuesday.KPMG has 'negligently red flagged some issues', he said at a news conference…
OPEC+ is discussing a further easing of oil output cuts from August as oil prices rise on demand recovery, but no decision had been taken yet on the exact volume to bring back to the market, two OPEC+ sources said on Tuesday.The Organization of the Petroleum Exporting Countries and allies…
Norwegian offshore vessel owner Solstad Offshore has sold another vessel. This time the platform supply vessel Far Spirit.The company said Tuesday the vessel had been sold by its subsidiary Farstad Marine to an undisclosed buyer.'Delivery of the vessel to the new owner took place today June 22nd…
Neptune Energy has awarded DNV a contract for the carbon capture and storage (CCS) pipeline materials study which will assess the fracture and suitability of offshore pipelines for reuse in CO2 transport.The pipeline materials analysis is part…
Spain-based floating wind technology developer X1 Wind said Tuesday it had secured a €2.5 million ($2,97 million) grant to launch its first commercial floating wind project.The floating wind technology developer has been allocated the grant…
Norway-based offshore seismic data provider TGS on Monday announced Sophies Resolve Refocus 3D, an OBC and NAZ imaging program in the U.S. Gulf of Mexico.'The program includes approximately 6,175 square kilometers of reprocessed 3D seismic data to provide a high-quality regional product…
Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Monday a planned shutdown on its Piltun-Astokhskaya-B (PA-B) offshore oil and gas production platform had been successfully completed.The PA-B platform was the first this year…
Tekmar Energy said Monday it had secured multiple Cable Protection System (CPS) supply contracts to protect over 1,200MW of new offshore wind generating capacity in China.The contracts will see Tekmar Energy engineer, manufacture, and supply…
Vår Energi announced a new significant oil and gas discovery in production license PL027 in the Southern North Sea, with the dual branch exploration wildcat Prince 25/8-20 S, King 25/8-20 B and the appraisal side-track 25/8-20 C in the King Paleogene prospect…
Maersk Supply Service reports winning a solutions project contract for the Libra Consortium in Brazil for the pre-lay of anchors to a newbuild FPSO in Brazil, a project integrating engineering, procurement, construction and installation (EPCI)…
The first storm to hit oil-producing regions of the U.S. Gulf of Mexico this year sent workers fleeing offshore oil platforms and cut some production.A weather disturbance in the central Gulf of Mexico was expected to become a tropical storm on Friday…
Canadian oil and gas company Suncor Energy said an agreement has been reached for the Terra Nova FPSO (and the namesake oil field) which was last year docked shoreside in Newfoundland after Covid-19 prevented the planned drydocking in Spain…
U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday.Staatsolie…