President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the region's bloc called an emergency summit to tackle skyrocketing prices.Energy demand has surged as economies have rebounded from the pandemic…
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Wednesday.A minority coalition of the leftwing Labour Party and the…
Oil major BP has signed a multi-year agreement with industrial software provider Cognite for the use of its dataops solution Cognite Data Fusion to empower its engineers and domain experts with better access to contextualized data in order to…
Offshore wind developer Ørsted has signed a contract with offshore installation firm Jan De Nul for the transport and installation of 107 monopile foundations and one offshore substation topside at Gode Wind 3 and Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…
Spanish floating wind technology company X1 Wind has completed the rotor assembly for its 'downwind' floating wind system.'Fitted with a specially adapted V29 Vestas turbine, the unique ‘downwind’ system is able to ‘weathervane’ and orientate passively with the wind to maximize energy yields…
The Kremlin said on Wednesday that Russian gas giant Gazprom was supplying gas to Europe at maximum levels under existing contracts and any increase would need to be negotiated with the company.'Nothing can be delivered beyond the contracts…
UK-based oil and gas well construction firm DeltaTek Global has been granted US, European and Norwegian patents for its ArticuLock technology.According to DeltaTek, its ArticuLock tool, based on a ball and socket concept, is capable of mitigating…
Offshore drilling rig owner Stena Drilling has acquired a minority stake in and formed a three-year technology partnership with SmartChainServices (SCS), a UK-based blockchain technology start-up.Stena Drilling said the move followed a six-month proof of value project…
Offshore drilling firm Aquadrill - ex-Seadrill Partners - has secured a contract for its Capella drillship in Indonesia.The MPD outfitted 6th generation drillship, managed by Vantage Holdings International, will drill two wells, with an option for two more…
Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change and keep volatile energy markets under control, the International Energy Agency (IEA) said on Wednesday.'The world is not investing enough to meet its future energy needs…
Avangrid, a U.S. subsidiary of the Spanish renewables giant Iberdrola, has appointed Bill White and Jose Antonio Miranda as Co-Presidents & CEOs of Avangrid Renewables. White will serve as Offshore President & CEO and Miranda will serve as Onshore President & CEO effective immediately…
Vattenfall aims to recycle all of its used wind turbine blades by 2030, the Swedish utility said on Tuesday, and will immediately stop disposing of them in landfill sites.The decision applies to the wind farms that it owns and commits Vattenfall to re-use…
GE Renewable Energy's LM Wind Power, a designer and manufacturer of rotor blades for wind turbines, has launched its second 107-meter wind turbine blade mold at its Cherbourg factory in France, to address the industry’s demand for offshore wind turbine blades…
Seismic data, analysis, and machine learning company Earth Science Analytics has appointed Tatiana Moguchaya as its new CEO.Earth Science Analytics said that the appointment of Moguchaya as its CEO marked an expansion from its traditional core…
Offshore drilling firm Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40% from 2019 levels by 2030.“Globally, almost one billion people lack access to electricity, and all of us desire…