Danish offshore wind installation firm Cadeler has signed a firm contract for the deployment of its newbuild offshore wind vessel, the Wind Pace, at an offshore wind farm located in the United States.This will be the first time Cadeler’s second P-Class newbuild vessel…
Companies from around the world have proposed to develop 69 offshore areas in Colombia's first offshore wind energy auction, the South American country's National Hydrocarbons Agency (ANH) said on Thursday.Why It's ImportantThe auction is a…
Italy's Eni said on Thursday it would expand its low-carbon activities as part of its 2025-2028 strategy, creating a new company for its carbon capture and storage activities, and offering power for data centres.The state-controlled group said…
The U.S. Senate on Thursday voted on a resolution that would overturn the Biden administration's proposed fee on methane emissions, one of the previous Environmental Protection Agency's final measures to force big oil and gas producers to slash emissions of the powerful greenhouse gas…
Trinidad and Tobago is reaching out to U.S. President Donald Trump's administration to understand if his announced cancellation of oil licenses related to Venezuela will affect authorizations for projects with the Caribbean nation, Energy Minister Stuart Young said on Thursday…
The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export crude to destinations other than the United States, sources close to the talks said…
For the first time, DNV has applied its independent Energy Transition Outlook model— incorporating the latest technology trends and policy developments— to Germany.The inaugural German Energy Transition Outlook (ETO) report finds that Germany…
Oslo-listed energy service group Subsea 7, which plans to merge with Italian rival Saipem, said on Thursday its core profit rose 53% last year, in line with its previous guidance.Subsea 7 and Saipem announced on Sunday a plan to create a leading…
Italian energy group Eni reported a 46% slide in fourth-quarter adjusted net profit on Thursday, hit by lower energy prices and weakness at its refining, biofuel and chemicals divisions.Adjusted net profit for October and December totaled 892 million euros ($934 million)…
The U.S. Treasury, via the Office of Foreign Assets Control (OFAC), has extended a license for Serica Energy to operate the Rhum field in the North Sea, 50% owned by Iran's national oil company, for two more years.The OFAC license and secondary sanctions assurance relating to the Rhum field…
Empire Energy Offshore has formed a strategic alliance with Boom Logistics, a provider of heavy lifting and logistics solutions, to strengthen Australia’s future offshore wind infrastructure.The collaboration marks a pivotal advancement in the development of Australia’s offshore wind sector…
U.S.-based oilfield services provider Expro has secured a contract to supply tubular running services (TRS) as part of a major Carbon Capture and Storage (CCS) project in the Netherlands.The contract includes the recompletion and conversion…
Facility management services firm Coor has secured an extension contract with Equinor for facility management services on its offshore oil platforms in the North Sea.Coor has delivered facility management services to five of Equinor’s oil platforms since 2015…
Belgian offshore installation contractor Jan De Nul has secured a contract for the installation of monopiles for 72 offshore wind turbines that will make up the 1.1 GW Inch Cape offshore wind farm in Scotland.Inch Cape offshore wind farm, being…
Dutch offshore contractor Marine Masters has secured work on an offshore installation project for the greenfield Bhasker A & B platforms, designed and constructed by Indian energy company SunPetro.The project, managed by main installation contractor…
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