Some equations just don’t add up. For example, storing 500 offshore wind turbine blades at a site with only space for 400 (and that’s only if you don’t store the other key elements required to build a full turbine). Elaine Maslin visited Siemens Gamesa’s blade manufacturing facility in Hull…
Britain's regulator on Wednesday approved Shell's revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output following Russia's invasion of Ukraine.In a statement, Shell welcomed the decision…
Norway's Hammerfest liquefied natural gas plant has restarted LNG production following a fire almost two years ago, boosting the country's gas exports, operator Equinor said on Thursday.The company last week told Reuters the plant had completed repairs and was preparing to restart output…
Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…
Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA…
Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but the ambitious proposal faces financing and regulatory challenges…
The world's first dual-fuel hydrogen- and diesel-powered crew transfer vessel (CTV) is ready for service, outfitted to run the cleaner fuel that reduces up to 80% of its traditional fuel usage and associated emissions.The 25-meter vessel, Hydrocat 48—owned by Windcat Workboats…
Norwegian offshore services firm Aker Solutions said Wednesday it had secured a 'significant' three-year contract extension to an existing framework agreement for work at North Sea fields operated by ConocoPhillips Skandinavia.Aker Solutions defines a significant contract as being between NOK 1…
The UK-based oil and gas company Hurricane Energy with its partner Spirit Energy has decided to relinquish its stake in the Greater Warwick Area license containing the Warwick discovery offshore the Shetland Islands.Greater Warwick Area comprises…
Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years…
Norwegian oil company Sval Energi has completed the acquisition of Spirit Energy Norway from Centrica.The USD 1,026 million Spirit Energy Norway acquisition closed May 31, with January 1 2021 as the commercial effective date. The acquisition includes 45 licenses (6 operated)…
Norwegian oil and gas company Aker BP has made a minor oil and gas discovery at the Overly prospect in the North Sea, offshore Norway.The wildcat well, formally known as well 2/8-19, was drilled about 10 kilometers north of the Valhall field…
Italian energy services group Saipem has agreed to sell its onshore drilling business to Britain's KCA Deutag (KCAD) for $550 million, as it strives to bolster its finances after a profit warning and focuses on offshore drilling.Asset sales…
Tullow Oil will acquire Capricorn Energy in an all-stock deal worth 656.9 million pounds ($826.7 million), keeping a focus on African reserves amid soaring energy prices.Investors in Capricorn, formerly known as Cairn Energy, will receive 3…
Norwegian offshore wind services firm Edda Wind has taken delivery of its first CSOV, the Edda Breeze. The vessel was built by Astilleros Gondán shipyard in Spain.The hydrogen-ready vessel is the first to be delivered as part of a nine-vessel newbuilding program…
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