Offshore drilling contractor Noble Corporation has outlined plans to divest the cold stacked drillships Pacific Meltem and Pacific Scirocco, permanently retiring the units from drilling operations.Noble Corporation said the decision was made…
Dominion Energy has stated that the 2.6GW Coastal Virginia Offshore Wind (CVOW) project is now approximately 50% complete and remains on track for on-time completion at the end of 2026.CVOW is credited with creating 2,000 direct and indirect American jobs and $2 billion of economic activity…
New Jersey officials on Monday said the state would not grant awards for new offshore wind contracts, a sign that U.S. President Donald Trump's order to review the federal offshore wind program is putting a chill on the industry.The announcement…
U.S. oil and gas company Talos Energy has appointed Paul Goodfellow as President, Chief Executive Officer (CEO) and a member of the company’s Board of Directors.Paul Goodfellow brings over thirty years of domestic and international experience…
The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have granted a total of $623.6 million to support the development of 1.5 GW Baltica 2 offshore wind farm, the second and the largest offshore wind farm in Poland…
The consortium of pension fund ABP, pension investor APG and wind energy developer SSE has signed a realization agreement with transmission system operator (TSO) TenneT for the Dutch offshore grid connection of 2 GW IJmuiden Ver Alpha wind farm…
U.K.-based offshore wind crew transfer vessel (CTV) owner Tidal Transit has secured equity financing from maritime and logistics investor HICO Investment Group to expand its fleet with six new electric CTVs (E-CTVs).The strategic expansion is…
Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a 'significantly changed' business environment, showing that the country is not immune to rising costs across offshore wind projects globally…
Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.Slim's…
Guyana's government plans to issue two licenses this year for oil and gas projects, one for Exxon Mobil's seventh development in the country, Hammerhead, and one for the nation's first natural gas development, Energy Minister Vickram Bharrat told Parliament on Friday…
Iberdrola has inaugurated the operation and maintenance (M&O) centre in Saint-Brieuc, where 80 people will work to service its 496 MW offshore wind farm.The center, located in Binic-Établesm, controls and manages the electricity production and maintenance of the offshore wind farm…
Danish offshore wind installation firm Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind turbine installation vessel (WTIV), Wind Mover, starting immediately upon delivery.The vessel, currently under construction at Hanwha Ocean Shipyard in Korea…
Energy technology company Baker Hughes has secured a contract from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s Stabroek Block.The multi-year contract includes all topsides…
ExxonMobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.Its adjusted profit was $7.39 billion or $1.67 per share, beating analyst estimates of $1…
Offshore drilling contractor Borr Drilling has agreed to receive payment settlement for approximately $125 million with its major Mexican customer, related to its outstanding receivables.The company expects to collect this amount in the first half of February 2025…
Subscribe
