Offshore oilfield services firm Three60 Energy said Tuesday it had secured a plug and abandonment services contract from Equinor for work at Statfjord field, offshore Norway.Thomas Kibsgaard-Vatn, THREE60 Energy’s Discipline Owner P&A, commented…
Bibby Marine and its consortium partners are moving forward with plans to build the world’s first zero-emission electric service operation vessel (eSOV) after securing funding for the project from the Zero Emission Vessel Infrastructure (ZEVI) competition…
Britain's latest subsidy auction for new renewable energy projects failed to attract bidders from the offshore wind industry, raising fears among developers and environmental groups that the country may struggle to meet its climate goals.Over the last two decades…
Norwegian offshore vessel owner DOF has completed the sale of the Skandi Neptune construction support vessel.DOF had agreed to sell the 2001-built vessel to an unnamed 'international buyer,' in September 2021. It, at the time, said the 104.2 meter-long vessel…
Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday.It said on the Telegram messaging app that Kyiv's forces had retaken…
Dutch offshore installation contractor Van Oord on Saturday held a christening ceremony in Rotterdam for its new cable laying vessel Calypso.'The Calypso is equipped with the latest sustainable technologies and will be a key strategic addition to Van Oord’s offshore wind fleet…
Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners.In a 2022 auction…
Italian offshore services firm Saipem has won two new contracts for offshore activities in Ivory Coast and Italy for an overall amount of 850 million euros (currently around $909,8 million).The first contract has been awarded to Saipem by Eni Côte d’Ivoire and its partner Petroci…
The Norwegian oil and gas DNO has appointed Christopher Spencer as Managing Director as Bjørn Dale steps down as part of a planned management transition initiated last year.Spencer has been DNO’s Chief Operating Officer since 2021. Before joining DNO six years ago…
Cable maker Prysmian Group has been awarded a new contract worth around €630 million by Terna Rete Italia S.p.A., a company fully owned by Terna S.p.A., the Italian power grid operator (TSO).The Adriatic Link project includes the design, supply…
Deep Wind Offshore, a Norwegian offshore wind developer, said Thursday that that Octopus Energy would become a co-owner of the company together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and Sunnhordland Kraftlag.Deep Wind Offshore…
SLB is on track to add about $5 billion in revenue this year, and sees similar potential for growth in 2024, mainly helped by increased drilling in international markets, CEO Olivier Le Peuch said at a conference on Wednesday.SLB, the world's largest oilfield service company and former Schlumberger…
Mediterranean-focused oil and gas producer Energean reported a 41.2% slump in first-half profit, dented by higher tax expense, and also trimmed its full-year production forecast to 125,000-130,000 barrels of oil equivalent per day (boed).Energean…
Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies' business in Algeria and Qatar.The case was filed by the Danish tax authorities saying that Maersk's oil unit…
German oil and gas producer Wintershall Dea on Wednesday tried to assuage fears that the hit from its planned Russian exit could be too painful, saying its remaining operations were strong and stable. Chief Executive Mario Mehren told Reuters that the company considered its Germany…