Canadian province Nova Scotia has set a target to offer leases for five gigawatts of offshore wind energy by 2030.“Setting this target sends a clear signal to the world that Nova Scotia is open for business and becoming an international leader in offshore wind and green hydrogen development…
Germany confirmed the nationalization of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion) on Wednesday as it scrambles to secure power for Europe's largest economy after Russia cut back supplies.Nationalizing Germany's…
Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…
Norway's crude oil output in August missed the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output rose to 1.77 million barrels per day (bpd) in August from 1…
Offshore drilling contractor Odfjell Drilling has signed a contract with Shell in Norway for the use of the offshore drilling rig Deepsea Yantai.The 2019-built rig is owned by China's CIMC and managed by Odfjell Drilling.The contract, announced Tuesday…
Offshore engineering and construction firm McDermott International said Tuesday that it secured a 'significant' contract with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million…
UK-based Certex UK said Monday it had secured a major framework to supply statutory inspection and maintenance of Balance of Plant (BoP) equipment at the 114-turbine, 1,075MW Seagreen Offshore Wind Farm, located off the coast of Angus in the North Sea firth…
Modus, a company specializing in hovering autonomous underwater vehicles (AUVs), has won a contract with Equinor for the provision of underwater intervention drone missions at their Johan Sverdrup field.The contract, which will run from 2023 to mid-2024…
Mubadala Energy on Tuesday confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas…
Dutch firm Damen Shipyards said Tuesday it was working to develop a new class of vessel that will be capable of supporting the growing floating wind industry.Damen has cited forecasts which indicate that by 2050 over 200GW or around 13,500 units…
President Vladimir Putin last Friday denied Russia had anything to do with Europe's energy crisis, saying that if the European Union wanted more gas it should lift sanctions preventing the opening of the Nord Stream 2 pipeline.Speaking to reporters…
Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…
Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023.Under the government's energy plan…
Exxon Mobil Corp is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected and the South American country wrestles with fixing terms of new oil leases…
Odfjell Drilling announced that on behalf of CIMC OFFSHORE AS, it has agreed a contract with OMV Norge AS for the use of the drilling rig Deepsea Yantai to drill one firm well Eirik in PL 817 in the North Sea, plus one optional well in 2023 or 2024…
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