Norwegian oil company Equinor has with its partners decided to further develop the Asgard field in the Norwegian Sea, with an investment estimated at just under NOK 1.4 billion ($164,27 million).Equinor said the investment would see the implementation…
The transition to a lower-carbon economy, including commitments by the UK and Scottish Governments to achieve net-zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message…
Hornsea 1 Limited, a joint venture owned by Ørsted (50 %) and Global Infrastructure Partners (GIP) (50 %), which operates the giant Hornsea 1 offshore wind farm, located 120km off the Yorkshire Coast, the UK, has struck a deal to sell its transmission assets…
Acteon's pile-driving operating company MENCK has won a contract with offshore installation company Allseas to deliver piledriving and handling equipment for the installation of TenneT’s DolWin6 offshore converter platform in the German sector of the North Sea…
Quarterback Services, the local agent of Archer Well Company has secured a one-year extension with Petronas Carigali for the provision of well downhole leak detection services using ultrasound technology.Archer said that the original contract had been for an initial period of three years…
Offshore seismic survey services company Shearwater GeoServices has won a contract for a 3D multisensor marine seismic survey, in the Otway Basin, offshore Australia.'We see a solid, consistent level of activity in Australia where we have multiple projects booked in 2021”…
OOS International, a Dutch-based offshore services company, has said there has been 'a strong increase in requests' from potential clients to charter its newbuild semi-submersible heavy lift crane & accommodation vessels the company ordered in China back in 2016…
Governments and energy companies are placing large bets on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, but its future uses and costs are highly uncertain.'Without hydrogen by 2050 we cannot aim to be a net zero (carbon) economy…
A coalition of investors that oversees $2.5 trillion in assets urged ExxonMobil on Wednesday to take bolder action to slash greenhouse gas emissions and make key governance changes.The Coalition for a Responsible Exxon (CURE), which has 145 members…
Japanese trading house Mitsui & Co Ltd said on Wednesday it would invest in the development of a carbon capture and storage (CCS) project in Britain.The Japanese company will take a 15.4% share in Storegga Geotechnologies which is developing…
Norwegian energy firm Equinor has awarded a 5-year contract extension to Danish offshore vessel owner Esvagt for the use of the Esvagt Njord vessel at the Dudgeon offshore wind farm in the UK. The extension runs until 2026.The SOV (Service Operation…
Ocean Winds, a JV created by EDP Renewables and Engie last year, has signed a deal with Terna Energy to work on the development of floating offshore wind projects in the Greek seas.Ocean Winds, which has an offshore wind portfolio comprised of 1…
Australian oil company Santos has chartered the Noble Tom Prosser jackup drilling rig to drill the Pavo-1 and Apus-1 exploration wells, offshore W. Australia, Carnarvon Petroleum, a partner in the project has informed.The company, which is working…
Norwegian offshore drilling company Odfjell Drilling has signed a firm contract with the oil firm Lundin Energy for the use of the Deepsea Stavanger semi-submersible drilling rig.The firm contract follows a letter of intent announced in January…
It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…
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