Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.'I think the real impact is not much…
Norway's offshore oil and gas safety body, the Petroleum Safety Authority Norway (PSA), will change its name on January 1, 2024 to the Norwegian Ocean Industry Safety Authority (Noisa).“This new designation points our way forward,” says director general Anne Myhrvold…
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…
Mediterranean-focused oil and gas producer Energean aims to double its size in the coming years, including through expansion of production in Israel, CEO Mathios Rigas said on Thursday.The company reported a 41.2% slump in first-half profit…
The value of Danish energy company Orsted, the world's largest offshore wind farm developer and a big player in the U.S., has plunged about 31% since it declared $2.3 billion in U.S. impairments in late August due to supply delays, high interest rates and a lack of new tax credits…
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…
KENC has started the construction of a flange monopile upending tool [FMUT] for the Dutch offshore installation company Van Oord.'Designed to face the challenges of varying sea conditions, the FMUT boasts unparalleled versatility. Its innovative…
Sweden's Vattenfall is evaluating options for proceeding with offshore wind projects off the Norfolk coast in Britain after stopping work on one of them earlier this year, the company said on Wednesday.Vattenfall halted development of its 1…
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…
Asia Pacific-focused oil and gas company Jadestone Energy plc on September 1 restarted oil production from the Montara Venture FPSO offshore Australia.The production had been shut down since July due to a defect in the FPSO's 4S ballast water tank…
TotalEnergies' Chief Executive Patrick Pouyanne will visit Suriname next week with the possibility of 'good news' on developing oil projects in the South American country, he said on Wednesday at a conference.France's TotalEnergies and partner U…
Colombia's first-ever bidding round to license maritime blocks for offshore wind farms has been delayed, the ministry of mines and energy said.The ministry continues to work on finalizing the tender documents alongside other government bodies…
TDI-Brooks announced it has broken ground on a new 16,000 square foot technical building at its headquarters in College Station, Texas, north of of Houston.The building is designed with 5,000 square feet of new office space along with technical work spaces…
Cenergy Holdings cables branch Hellenic Cables has signed a contract for the supply of export cables for the Baltica 2 offshore wind project in Poland.Under the contract awarded by Denmark's Orsted and Poland's PGE, Hellenic Cables will supply 148km 275kV export cables with XLPE insulation…
The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing…
Subscribe
