Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…
U.S. Gulf of Mexico-focused oil and gas company LLOG on Wednesday announced the planned development of the Salamanca floating production facility to be used to develop two offshore discoveries in the U.S. Gulf of Mexico.The company said that…
Genesis Energy will increase its footprint in the deepwater Gulf of Mexico with expansion of an existing pipeline system and construction of a new line, it said in its first-quarter earnings report on Wednesday.Genesis will spend about $500…
India plans to set up 30,000 megawatts (MW) of offshore wind power capacity alongside 50,000 MW of solar capacity, the country's power minister said on Tuesday.'India has focused programs for capacity addition and accelerating the energy transition…
Brazil's government is trying to add the 12th block to an auction of oil exploration areas expected later this year, an Energy Ministry official said on Tuesday at the Offshore Technology Conference (OTC) in Houston.The Ametista block is located…
BASF is looking into a deal to transfer the Russian assets and operations of its oil and gas business, Wintershall Dea, to co-investor LetterOne, Bloomberg reported on Wednesday.Offloading Wintershall Dea's Russia-based energy assets could allow…
Offshore drilling company Awilco Drilling has agreed to sell its WilPhoenix semi-submersible drilling rig to the UK-based P&A specialist Well-Safe Solutions Ltd. Well-Safe will pay $15.5 million for the semi-sub built in 1982 and upgraded in 2011…
Offshore accommodation specialist Prosafe has won a four-year contract with the Brazilian oil company Petrobras for the provision of the Safe Notos semi-submersible accommodation rig.Petrobras will use the accommodation unit for safety and maintenance support offshore Brazil…
Danish offshore wind developer Ørsted is planning what it says is a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations in Taiwan.The company will test the concept in the tropical waters of Taiwan this summer…
British oil major BP plans to invest up to £18 billion (around $22,47 billion) in the UK’s energy system by the end of 2030, with the investments including North Sea oil and gas, as well as offshore wind, EV charging, hydrogen, retail and carbon capture…
East Timor's national oil company wants to start producing natural gas from its Greater Sunrise fields by 2028 or 2030, the company's head said on Tuesday in Houston, hoping to develop the offshore project that has been stuck in limbo for decades…
Equinor reported record earnings on Wednesday, as the war in Ukraine triggered an energy supply crunch that sent gas prices soaring to all-time highs.The state-controlled Norwegian company has emerged as a big winner in Europe's energy crisis…
Guyana has started discussions with Exxon Mobil Corp to build a more than 120-mile (190-km) natural gas offshore pipeline, Natural Resources Minister Vickram Bharrat said on Tuesday at the Offshore Technology Conference in Houston.Guyana, a tiny South American country…
UK-based engineering and maintenance contractor Bilfinger UK has made three appointments to its offshore wind team in Great Yarmouth, growing the business’s Southern North Sea presence for projects in the UK and Denmark.The company has appointed a business development consultant…
The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs.Once delivered, the FSRU, with a capacity of 153…
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