U.S. oil major Chevron Corp has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals, Chief Financial Officer Pierre Breber said on Thursday, amid pressure from shareholders to lower carbon emissions.Major…
World's largest offshore wind developer Ørsted said this week it had installed its 1000th offshore wind turbine in UK waters.'As part of the Hornsea Two offshore wind farm installation, the 16th turbine to be erected at site symbolizes the world leader in offshore wind’s millennial milestone…
Malaysian offshore services provider Handal Energy has been awarded a crane services contract with ExxonMobil in Malaysia.Under the contract, Handal Energy's subsidiary Handal Cranes will provide crane operation and maintenance services.The contract is for five years…
Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees…
An Italian appeals court on Thursday overturned jail sentences handed down to Nigerian Emeka Obi and Italian Gianluca Di Nardo for their part in a graft case involving Eni and Shell in Nigeria.In a decision taken behind closed doors but read out to reporters afterwards…
France's TotalEnergies confirmed Friday it had with its partner Qatar Petroleum been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021. TotalEnergies will operate the two shallow-water blocks, with depths between 30 meters and 50 meters…
Norway-based Havyard Leirivik said Thursday it had handed over a new wind farm service vessel to the Danish shipowner Esvagt.The vessel named ‘Alba’ is the second in a series of three vessels.Havyard's Norwegian Electric Systems has delivered…
Israeli-Swedish wave energy company Eco Wave Power has installed a Spotter Buoy near the Barra do Douro breakwater in Portugal.Installed following approval from the Port Authority of the Douro, the Spotter Buoy will collect wave data for Eco Wave Power's proposed wave energy project in the area…
Oilfield services firm Petrofac, in a joint venture with Azerbaijan's SOCAR, has won a contract to support BP's Azeri Central East (ACE) project, in the Caspian Sea, offshore Azerbaijan.Under the contract valued at about $25 million, the Petrofac…
Wind turbine maker Vestas said Thursday it had secured a firm order from Parkwind to deliver 27 V174-9.5 MW turbines for the 257 MW Arcadis Ost 1 offshore wind farm in the German Baltic Sea. The order confirms the fifth collaboration between…
Norwegian floating solar tech company Ocean Sun is working to retrieve its floating solar power plant that sank in Albania earlier this month.As previously reported, Statkraft and Ocean Sun said the first of four Ocean Sun floating solar plants - covering 4…
The Danish Energy Agency on Thursday published the final tender conditions for the tendering of Thor Offshore Wind Farm, which will be the country's largest. 'With the publication, all the basic elements of the tender are in place, and the bidders…
U.S. Interior Secretary Deb Haaland on Wednesday told a congressional hearing that there is no plan to permanently ban new oil and gas drilling on federal land but her agency will soon release a report that will assess the future of the federal oil and gas leasing program…
Malaysian oil and gas service provider Serba Dinamik Holdings Bhd must appoint an independent reviewer to address issues raised by the company's external auditor, the national stock exchange said on Wednesday.In May, Serba said auditor KPMG…
Engineering and consultancy company Wood Plc said on Thursday its first-half revenue fell 21% as its clients in the energy industry cut back on spending but predicted an improvement in margins compared with crisis-hit 2020.The UK-listed firm…
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