Belgium's largest offshore wind farm, the 487MW SeaMade that can power 500,000 Belgian households, has now been officially inaugurated.The news of the inauguration was shared Wednesday by Ocean Winds, a joint venture created by EDP Renewables and ENGIE (50:50)…
Oil and gas company Chevron has chartered Edda Accommodation's Edda Fides offshore accommodation unit for operations support in Australia, starting in the second quarter of 2022.Currently on a charter with Norway's Equinor, mono-hull vessel…
Oilfield firm Baker Hughes Co reported a quarterly profit that fell short of Wall Street expectations on Wednesday, sending its shares down sharply in pre-market trading.Oil producers and service firms are expected to be supported by a rebound…
Fugro has won a two-year contract with India's marine service firm OCS Services to support its asset integrity and corrosion management operations off the west coast of India.Fugro said Tuesday it would help OCS deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1)…
The co-leader of Germany's Green Party accused Russian 'blackmail' of causing high energy prices across Europe, saying Moscow is trying to leverage Germany to allow the Nord Stream 2 Baltic gas pipeline to begin operations.The remarks by Annalena Baerbock…
Italy's Falck family will sell its controlling stake in Falck Renewables to a JPMorgan-owned infrastructure fund for 1.5 billion euros ($1.8 bln), the company said on Wednesday.Under the agreement, Infrastructure Investment Fund (IIF), which is run by JP Morgan Investment Management…
RWE, Germany's largest power producer, said on Tuesday it expects its investment in green technologies and infrastructure in Britain to reach 15 billion pounds ($21 billion) by 2030.That includes the already announced 5 billion pounds RWE is…
Three marine seismic data acquisition and processing companies TGS, CGG, and BGP have signed a multi-client agreement with Suriname's national oil firm Staatsolie.Under the agreement, the consortium will be able to acquire, promote and license multi-client seismic programs…
Norwegian offshore vessel owner Solstad Offshore has secured a contract extension for one of its platform supply vessels.In a brief statement on Wednesday, Solstad said that the one-year charter extension had been awarded to its 94,2-meter-long PSV Normand Server…
The Philippines' energy ministry on Tuesday defended the sale of an oil and gas concession to a firm controlled by an ally of President Rodrigo Duterte, dismissing a graft complaint that alleged preferential treatment as 'malicious'.Udenna Corp…
The British government on Tuesday published a Net Zero Strategy aimed at ending the country's contribution to climate change.Here are some of the key pledges and policies set out in the document:PowerAim: to fully decarbonise the power system…
British Prime Minister Boris Johnson on Tuesday set out his ambition for a green revolution that he hopes will force Western economies to kick their addiction to fossil fuels.Britain at the end of the month hosts the COP26 U.N. climate talks in Glasgow…
U.S. oilfield firm Halliburton Co on Tuesday posted its third consecutive quarterly profit, as a jump in oil prices and drilling activity boosted demand for its services and equipment.Oil prices have rallied to multi-year highs with global crude futures climbing 4…
Ireland-based oil and gas firm Providence Resources, which has for years been looking at ways to develop its Barryroe oil and gas discovery offshore Ireland, has now informed that its CEO Alan Linn is stepping down from the Board, and all subsidiary companies…
Dutch electricity transmission system operator TenneT said Tuesday that the load-out of the jacket for TenneT's offshore platform Hollandse Kust (north) has been completed in the port of Vlissingen, the Netherlands.The 2,100 tons heavy jacket…
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