Norway's Aker Solutions has completed the first part of the construction of concrete foundations for what will be the world's largest floating wind farm - Equinor's Hywind Tampen.The first part of the construction was finalized this week at Aker Solutions’ yard in Stord…
Wind farm developer Ørsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world's first energy island in the North Sea.The artificial island, which will produce and store enough green energy to cover the electricity needs of 3 million European households…
Ireland-based oil and gas firm Providence Resources has terminated the farm-out agreement with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.Providence, with its partner Lansdowne, had in November…
U.S. offshore wind developer Atlantic Shores Offshore Wind will next month launch two buoys that will collect critical atmospheric and weather data, and track the migration of species of birds, fish, turtles and other animals that have been nanotagged by researchers…
The rapid adoption of electric vehicles (EV) around the world will probably cause global oil demand to peak two years earlier than previously expected, Norway's biggest independent energy consultancy Rystad said on Wednesday.World demand is now seen peaking at 101…
FourPhase, the solids and production performance specialist for the oil and gas sector, on Wednesday said it had successfully deployed its DualFlow solids removal technology for an intervention project with an independent E&P company on the Danish Continental Shelf in the North Sea…
Principle Power, a developer of floating foundations solutions for the floating wind industry, has informed that João Metelo, its Chief Executive Officer, has announced his decision to leave Principle Power 'in the near term.' Metelo, who's been with Principle Power for over seven years…
Kishorn Port's proposal to extend the port’s dry dock has received approval from The Highland Council.'This is a further and significant step in the regeneration of the port and dry dock,' Kishorn Port, located on the North West coast of Scotland…
Oilfield equipment and services provider Baker Hughes Co top boss on Wednesday reiterated he is 'cautiously optimistic' about oil demand recovering this year from the coronavirus blow, echoing a view he shared on the company's last earnings call…
Halliburton Co on Wednesday reported a 6% rise in first-quarter adjusted profit from the previous three months, as a rebound in oil prices from pandemic lows fueled drilling activity and demand for oilfield services.Higher oil prices during the quarter boosted drilling…
Dutch offshore gangway services firm Ampelmann and C-Job Naval Architects have teamed up to develop what they say is 'a one-of-a-kind' offshore wind feeder vessel concept with motion compensation technology.According to the duo, the vessel would…
Eneti, a company working to transition from its dry bulk shipping business into the offshore wind installation sector, has signed up for Shoreline Wind's construction simulation software, to help grow its offshore wind business.The company, previously known as Scorpio Bulkers…
Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed by global oil companies.'We will make all efforts to return peace to our country…
Malaysia's Petronas has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.The South East Collins Cluster, located in water depths of 42 to 45 meters 70km northeast of Labuan Island…
Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…
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