The British High Court has agreed to hear a case by environmental campaigners claiming that the government's support of North Sea oil and gas companies conflicted with its plans to slash the country's carbon emissions by 2050.The legal challenge…
Seaway 7, a renewables branch of offshore installation firm Subsea 7, has chartered one of Siem Offshore's offshore subsea construction vessels (OSCVs).The contract is set to begin in the fourth quarter of 2021, when the vessel will provide…
Norway's Equinor posted a sharp increase in second-quarter profit on Wednesday as prices of oil and gas rose, but its earnings fell short of expectations as its Norwegian unit missed forecasts.Adjusted earnings before tax rose to $4.64 billion…
Stavanger-based oil firm Wellesley Petroleum on Monday said it would swap certain oil and gas assets offshore Norway with the Norwegian energy giant Equinor. Equinor will take a 40% participating interest in licenses PL090 JS, PL248 I and PL925…
Oil and gas producer Wintershall Dea, which has a 70% gas portfolio, on Tuesday said Europe needed multi-sourced gas to support decarbonization away from coal and to create a platform for future hydrogen production from carbon-free energy.Wintershall…
Wintershall Dea posted strong second-quarter 2021 earnings as it benefited from firmer oil prices and reduced spending, its earnings report showed on Tuesday.The company, owned jointly by BASF and Russia's LetterOne, posted earnings before interest…
Singapore's offshore platform constructor Sembcorp Marine has completed the fabrication of two wellhead topsides, one riser topside, and two bridges for deployment at TotalEnergies’ Tyra field redevelopment in the Danish North Sea.The topsides…
Portuguese oil and gas company Galp Energia swung to a net profit in the second quarter thanks to higher crude prices and refining margins, but cautioned on the continued impact of the COVID-19 pandemic.In a statement accompanying the figures…
Norwegian energy firm Equinor is expected to spud the Egyptian Vulture exploration well in the Norwegian Sea in late August, using Seadrill's West Hercules semi-submersible drilling rig.This is according to Longboat Energy, Equinor's partner in the project…
Aberdeen-based offshore wind vessel firm North Star Renewables has named Steve Myers as SOV operations director.As part of this newly created role, Myers, who most recently worked for wind turbine maker Siemens Gamesa Renewables, will oversee…
The Dutch government has this week awarded a 3.6 million euro subsidy to the PosHYdon project, dubbed the world’s first offshore green hydrogen pilot on a working platform. With this subsidy, the companies which are part of the PosHYdon, can start up all activities for this pilot…
Norwegian energy firm Equinor, with its partners RWE, Shell, and Gasunie signed a declaration of intent to further intensify their collaboration on the AquaSector project - which aims to build Germany's first large-scale offshore hydrogen park…
Offshore wind developer Ocean Winds and DISA Group, a renewable electricity generation firm in the Canary Islands, have teamed up to develop offshore wind farms in the Canary Islands.Ocean Winds, formed last year as a joint venture between EDP Renewables and Engie…
Spanish renewables giant Iberdrola has awarded Dutch offshore installation company Van Oord a contract for the offshore installation works at the Baltic Eagle offshore wind farm in Germany.Van Oord will transport and install the foundations at the Baltic Sea project and ensure the supply…
Metec UK, a company based in South Tyneside, England, has won two multi-million pound contracts to protect the giant 3.6GW Dogger Bank wind farm from corrosion.Metec UK manufactures sacrificial anodes for the long-term protection of steel jackets…
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