Coal has obviously to be scrapped as a power source, the CEO of the Polish group which owns the EU’s biggest carbon-emitting power plant said on Thursday, underscoring a policy shift in a country until recently wedded to coal to generate electricity…
British oil major BP has suspended production from the Foinaven fields west of Shetland in the UK, as the long-serving FPSO Petrojarl Foinaven through which the fields are producing oil is nearing the end of its 25-year design life, and will be removed from site…
Australian offshore vessel operator MMA Offshore and its compatriot Worley, an engineering and construction services company, are teaming up in pursuing opportunities in the offshore wind sector in Taiwan.'The collaboration is an exciting development…
Swedish power firm Vattenfall has chosen Hvide Sande Harbour in Denmark as its service port for Vesterhav Syd and Nord wind farms in the Danish part of the North Sea. The move will create around 50 new jobs.Danish Energy Agency has approved…
Investors in Australia's top two independent oil and gas producers on Thursday rejected an activist group's push to get the companies to spell out plans to wind down their operations to help curb global warming.The resolutions were ultimately…
Danish offshore energy services company Semco Maritime said Thursday that Gunnar Groebler would be nominated as a new board member of the company.With the appointment of Groebler, a German citizen who's worked for the Swedish power firm Vattenfall since 1999…
The United States stands ready to facilitate maritime border talks between Lebanon and Israel that will have benefits for the crisis-hit Lebanese economy, a U.S. envoy said on Thursday.On a visit to Beirut, Under Secretary of State David Hale…
A Norwegian appeal court has ordered the offshore accommodation firm Prosafe to pay NOK 465 million (~$55,49 million) to Westcon Yards, overturning the Stavanger District Court's order from 2018, related to a conversion work on an offshore accommodation rig…
Malaysia's offshore energy infrastructure construction firm Malaysia Marine and Heavy Engineering (MMHE) has won a contract from SapuraOMV to build and install a platform and pipelines for the oil company's SK408W Jerun Development Project, offshore Sarawak…
Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…
Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…
French oil major Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed.The delay is…
German oil and gas company Wintershall Dea said Wednesday it would boost its exploration processes with the roll-out of an artificial intelligence search engine.'The Exploration Advisory Tool, developed in partnership with IBM, uses the latest…
Coatings specialist Hempel said it has provided coatings to protect the Orbital O2 tidal energy turbine – dubbed the world’s most powerful tidal turbine. O2 is set to operate at the European Marine Energy Centre (EMEC) in the Orkney Islands in the UK…
OHT was born to perform heavy lift in the offshore oil and gas business, and has evolved to position itself to lead in the booming offshore renewables sector, including a contract to work in the mammoth Dogger Bank offshore wind build-out. Torgeir Ramstad…
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