Vattenfall and Metsähallitus have joined forces to build and run Finland's first major offshore wind farm. The project will be built at Korsnäs, off the west coast of Finland. It will have a capacity of 1.3 GW and could produce 5 TWh per year…
Capricorn Energy's third-biggest shareholder, Palliser, on Monday called for a general meeting to set a vote on removing seven Capricorn directors from supervisory roles, including the CEO, a plan Capricorn rejects.Palliser is one of a chorus…
Offshore oil and gas regulator Canada-Newfoundland and Labrador Offshore Petroleum Board has laid charges against oil company Suncor in relation to alleged offenses related to a December 29, 2019 worker injury onboard the Terra Nova FPSO.On Sunday evening…
Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…
Norwegian construction firm Veidekke said Monday it has set its sights on the offshore wind market, with the company planning to become a key part of the value chain for floating offshore wind.The company said it was already participating in…
The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…
The family of the British national killed by a colleague on an offshore rig in Qatar last week has issued a statement confirming the identity of the deceased, describing him as 'an amazing, one-of-a-kind, beautiful soul.'The man has been identified as 38-year-old Robert Robson…
Northern Lights, a carbon capture and storage joint venture between TotalEnergies, Shell, and Equinor, has signed an agreement under which Japan's 'K' Line will operate Northern Lights' first two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024…
The UK offshore energy regulator, the North Sea Transition Authority (NSTA), has fined oil companies EnQuest, Equinor, and Spirit Energy a total of £265,000 (currently around $323,533) for 'behavior that risks the industry’s drive to cut emissions and bolster the UK’s energy security…
Offshore drilling contractor Noble Corp. said that its jack-up drilling rig Noble Regina Allen had experienced a mechanical issue while preparing to move from its location approximately 26 miles off the coast of Trinidad on Thursday, December 15…
Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media.The reported oil workers’ protests, which Reuters could not verify, come…
Australia on Monday opened up its first zone for developing offshore wind farms in a region off its southern coast, looking to jumpstart a new industry to help achieve net zero carbon emissions by 2050.As expected, the government selected the…
Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…
Norwegian oil and gas group Aker BP will use exploration, mergers, and acquisitions to rebuild its base of untapped resources after Friday's record investment decision, the company's chief executive told Reuters.Aker BP and its partners announced…
Italy's shipbuilder Fincantieri said on Friday it would return to net profit in 2025, focusing on its three core businesses of cruise, defense, and specialized offshore vessels. Under a five-year business plan, Fincantieri forecasts revenues of 8…
Subscribe
