Abu Dhabi National Oil Company (ADNOC) announced on Wednesday a $127 billion capital spending plan for 2022-2026, as it reported an increase in the United Arab Emirates' (UAE) oil and natural gas reserves.The state-owned company said national…
The Offshore Wind Growth Partnership (OWGP), an organization that describes itself as the go-to enabler to develop the UK offshore wind supply chain, has released its latest Development Grant funding call, with £3.5 million (around $4,6 million)…
Dutch offshore crane maker Huisman has secured a contract from China's COSCO Shipping (Qidong) Offshore Co., Ltd. to design and build two >2,000mt Leg Encircling Cranes (LEC) for Cadeler's recently ordered two new build X-class vessels.The identical…
U.S. crude oil production fell 3.5% in September after Hurricane Ida temporarily halted most crude production in federal waters of the Gulf of Mexico, according to a monthly report from the U.S. Energy Information Administration on Tuesday.Crude output dropped 380…
China's State Power Investment Corp (SPIC), the country's top green power operator, connected two newly built offshore wind farms off south China's Guangdong province to the state grid on Tuesday, the company said on its official Wechat account…
Oil and gas company Neptune Energy has awarded a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea.Neptune Energy said that Maersk Supply Service would deploy innovative technology to reduce…
Volvo Penta has secured a contract to provide quad IPS propulsion systems for the four new offshore wind farm crew transfer vessels (CTVs) that will be built at Blount Boats for American Offshore Services (AOS). The new 30-meter (99-ft.) twin…
Swedish oil and gas company Lundin Energy is considering a potential sale, Bloomberg News reported on Monday, citing unnamed sources.Lundin, which has a market value of about $10 billion, is studying strategic alternatives that could also include a merger or asset disposals…
Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North African country because of unrest.The plan, details of which were seen by Reuters…
Energy industry consultancy and provider DNV is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future carbon dioxide (CO2) transport…
The oil and gas industry risks a huge workforce shortage as more than half of workers in the sector seek to move into the renewable energy industry, a survey published on Tuesday showed.The survey conducted as part of a report by recruitment firm Brunel and Oilandgasjobsearch…
French offshore cable construction and installation firm Nexans has been awarded a frame contract for more than €650 million (around $738,16 million) with Terna, supplying an interconnector cabling solution for its Tyrrhenian Link in Italy. Tyrrhenian…
Exports of Norway's major crude stream Johan Sverdrup will drop sharply in January to 471,000 barrels per day (bpd) compared with 536,000 bpd in December, a loading program showed on Tuesday.The program is the smallest since July this year.…
Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…
Dutch dredging and marine contractor Boskalis has partnered up with Copenhagen Infrastructure Partners (CIP) and three other companies to bid for the development of the energy island in the Danish North Sea. Back in February, Denmark approved…
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