Denmark's Orsted on Wednesday beat second-quarter operating profit expectations but said lockdown measures had hurt demand for its electricity.The world's largest operator of offshore wind farms said operations had remained stable during the…
Solstad Offshore's construction support vessel Normand Baltic has won an offshore wind gig in Taiwan.The Norwegian offshore vessel owner said Wednesday the contract for the use of the 2010-built Normand Baltic was with undisclosed EPIC contractor…
Danish offshore construction company Bladt has appointed Anders Søe-Jensen, the former head of both Vestas Offshore Wind and GE Offshore Wind, as its new CEO.He will be succeeding Klaus Steen Mortensen who has decided to step down due to a chronic but not a life-threatening heart condition…
A former head of Mexican state oil firm Petroleos Mexicanos (Pemex) accused of corruption has sought to blame the wrongdoing on his former boss, ex-President Enrique Pena Nieto, and a top aide, said Attorney General Alejandro Gertz on Tuesday…
Chevron Corp's $5 billion offer to acquire Noble Energy emerged after the U.S. oil major first proposed taking a stake of at least 50% in Noble's Eastern Mediterranean natural-gas fields, a proxy filing on Tuesday showed.If consummated, the all-stock merger will boost Chevron's U…
The well intervention market is a niche one, with only a few main players – including Helix/Well Ops, Island Offshore, AKOFS Offshore and Siem Offshore – and only three key geographical regions; Northwest Europe, South America and the US Gulf of Mexico…
Saitec Offshore Technologies' BlueSATH floating wind platform has been installed and commissioned in its final deployment site in El Abra del Sardinero, Santander, Spain. The BlueSATH was towed from Astander's Dock Pontejos towards its destination 800 meters away off the Cantabrian coast…
Well-Safe Solutions, a UK-based company specializing in P&A services, has awarded Orca Oceanic Systems a contract for the provision of Dive System Support and Engineering Services onboard its Well-Safe Guardian semi-submersible decommissioning rig…
Petronas Research, a subsidiary of the Malaysian oil and gas giant Petronas, has joined a joint industry project to develop and test a low-cost, topside-less subsea multiphase pump.The company has signed a contract with FASTsubsea, a joint venture between Aker Solutions and FSubsea…
Deltic Energy has announced 'a material increase' in the estimated volume of gas as well as a 'significant increase' in the chance of success in relation to the Selene prospect in the Southern North Sea, off the UK coast. Drilling is expected in 2022…
The first of three offshore substations has been installed at the Moray East Offshore wind farm site in the UK, Moray Offshore Windfarm (East) Ltd said Monday.The 950MW wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL)…
Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…
Power cable supplier NKT has said it has been awarded a turnkey contract of 'below' EUR 250m (around $294,5) by TenneT to deliver and install a high-voltage direct current XLPE power cable system for the BorWin5 offshore wind project in Northern Germany…
Subsea survey services and ROV provider Rovco has won a contract to carry out survey work on Erebus, a planned 96MW offshore floating wind farm 45 km off the coast of Pembrokeshire, in the southwest of Wales.Rovco said Monday that Blue Gem Wind…
Norwegian offshore installation contractor Ocean Installer has established a new business branch called 'developer of offshore wind,' and has appointed Olav Hetland as Director Offshore Wind Farms.Ocean Installer said the formation of the new…
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