U.K.-based Enshore Subsea has secured the export cable installation contract for Inch Cape offshore wind farm, one of Scotland’s largest offshore wind farm projects.Inch Cape will have two 85 kilometer, 220kV, three-phase export cables which…
Belgian offshore installation contractor Jan De Nul, in consortium with Greek cables supplier Hellenic Cables has signed a framework agreement with National Grid for strategic HVDC interconnections in the U.K.This agreement will entitle the…
Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally…
Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to Petrobras’ Mero field in Santos Basin for commissioning works before being put into production later in 2025.Alexandre de Gusmão FPSO departed China…
A gas leak has been detected at a well of the BP-operated Greater Tortue Ahmeyim gas project offshore Senegal and Mauritania, the British company and Mauritania's environment ministry said on Wednesday.BP said the environmental impact from the leak was expected to be negligible…
Finland-based Valmet has booked an order for a marine methanol fuel automation control system for two cable-laying vessels (CLVs) being built for Jan de Nul in China.The vessels will be built in the China Merchants Heavy Industry (Jiangsu) shipyard for Jan De Nul…
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…
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…
Petrobras has made an oil discovery at the Búzios field, reaffirming the pre-salt potential of the field located in the Santos Basin, offshore Brazil.Petrobras confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field…
French oil major TotalEnergies beat expectations for fourth-quarter earnings on Wednesday as higher trading profits in the gas market helped it offset some of the impact of low oil prices and weak fuel demand.Adjusted net income for the final three months of 2024 was $4…
Vattenfall and BASF have signed contracts with four suppliers for key components and installation services for Nordlicht 1 and 2 offshore wind farms, hiring EEW Special Pipe Constructions (SPC), CS WIND Offshore, DEME, and Jan De Nul to deliver the projects…
Brazilian state-run energy company Petrobras, Latin America's top oil producer, ended last year with output of 2.7 million barrels of oil equivalent per day (boed), the company said in a statement on Monday, but without providing quarterly figures…
Brazilian oil and gas regulator National Agency of Petroleum, Natural Gas and Biofuels (ANP) has made a decision to merge Petrobras-operated Berbigão and Sururu fields, in the pre-salt Santos Basin, offshore Brazil.Operated by Petrobras with a 42…
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count…
A World Bank arbitration tribunal has dismissed a request by Venezuela to annul a $8.37 billion arbitration award to ConocoPhillips, clearing the way for the U.S. producer to reclaim compensation for the expropriation of its oil assets in the South American country…