A German company will next month switch on a floating solar power plant it has built on a quarry lake, a rapidly-installed, renewable technology it says could help wean the country off Russian fossil fuels.BayWa r.e. said on Monday the photovoltaic…
The U.S. subsidiary of Norwegian offshore vessels owner DOF Subsea said it has secured multiple contracts for the construction support vessel Ross Candies.The 2010-built Ross Candies is one of two Jones Act-compliant vessels chartered by DOF Subsea USA from Otto Candies for operations in the U…
Shane Guidry transformed Harvey Gulf from an inland and offshore towing vessel operator to a provider of offshore vessel services in the Gulf of Mexico and international oil and gas markets. Innovation initiatives he has spearheaded include…
Falkland Islands-focused oil and gas exploration company Argos Resources said Monday that the Falkland Islands government has extended the second term of the company's PL001 offshore license.The license, which would have expired on May 2, 2022…
German chemicals group reported preliminary first-quarter net income significantly below last year's level and analyst expectations on Monday, citing impairment charges for the abandoned Nord Stream 2 project.BASF said its quarterly net income slumped to 1…
SSE Renewables has, with its Scotwind lease sale partners Marubeni Corporation and Copenhagen Infrastructure Partners, signed the Option Agreement with Crown Estate Scotland.The Option Agreement signing follows the partnership's successful bid…
Hexicon, a Swedish twin floating wind turbine technology company, has set up a joint venture in Greece with the local company EAMAA.'This is a first step to start the development of floating offshore wind projects off the coast of Greece. A…
Brazilian oil company Petrobras has restarted the sale process of its stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, Brazil.The oil firm had in August 2020 launched the binding phase for the sale of its entire stake in the Tartaruga field…
The Johan Castberg FPSO arrived in Norway on Friday onboard the world’s largest transport vessel Boka Vanguard owned by Boskalis.The vessel reached Norway after a long journey from Singapore, where it was built by Sembcorp Marine. The vessel departed Singapore in mid-February…
European Union officials will hold talks in Vienna with OPEC representatives on Monday amid calls for the producer group to increase output and as the EU considers potential sanctions on Russian oil.OPEC has resisted calls by the United States…
Norwegian oil and gas company Equinor has started drilling the Cambozola exploration well offshore Norway, Longboat Energy, Equinor's partner has informed.Cambozola is the primary prospect located in the PL1049/PL1049B/PL1049C licenses in the Northern North Sea…
Aberdeen-based logistics and materials management firm ASCO has won a contract with offshore wind turbine maker Vestas to support the Seagreen offshore wind farm project, located 27 km off the coast of Angus.Under the contract, of an undisclosed value…
Dutch marine and offshore energy services firm Boskalis said Monday it would convert vessels within its Offshore Energy division into hybrid vessels through the retrofitting of Energy Storage Systems, or ‘power packs’. 'The conversions, which entail a sizable capital investment…
Empyrean Energy has started drilling at the high-impact Jade prospect at its 100% owned Block 29/11 permit, offshore China.Using the COSL NH-9 semi-submersible drilling rig, the LH 17-2-1 well spudded on Jade prospect at 19:30 on 10 April 2022…
Shell Plc said on Monday it has resumed shipping liquefied natural gas (LNG) from its Prelude floating LNG facility off northwest Australia after a four-month shutdown due to a major power failure.A cargo completed loading and left the site on Sunday night…
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