The Irish government on Thursday set out climate targets for key sectors of the economy it said were needed to cut greenhouse gas emissions by 51% by 2030, a plan it said will require around 125 billion euros ($144 billion) of private and public investment…
A top U.S. official on Thursday challenged nations to join the United States in setting aggressive goals to expand electricity production from offshore wind.Interior Secretary Deb Haaland issued the call during an appearance at the United Nations climate change conference in Glasgow…
Offshore installation contractor DEME Offshore has said it has secured a +$1.1 billion Balance of Plant (BoP) contract for the construction of the Coastal Virginia Offshore Wind (CVOW) project in a consortium with Prysmian. The contract, with a total value amounting to +$1…
Brazilian oil company Petrobras has extended the contract with offshore accommodation firm Prosafe for the use of the Safe Notos semi-submersible flotel. Petrobras will use the Safe Notos for safety and maintenance support offshore Brazil.The…
Oil prices rose more than 1% on Friday, staging a partial recovery after OPEC+ producers rebuffed a U.S. call to raise supply and instead maintained plans for a gradual return of output halted by the pandemic.Brent crude rose 82 cents or just over 1% to $81…
German oil and gas firm Wintershall Dea has started drilling production wells at its Nova field in the Norwegian North Sea.Using Saipem's Scarabeo 8 semi-submersible rig, Wintershall Dea will drill three production wells and three water injection wells through two subsea templates…
Subsea cable protection specialist Tekmar has said it has delivered the final batch of Cable Protection Systems (CPS) for Ørsted's Hornsea Two offshore wind farm in the UK.'Tekmar supplied over 340 export and array CPS in total. All systems were delivered to schedule and budget…
Oil major Shell is set to move the Valaris 122 jack-up drilling rig in the North Sea from the Shearwater field to the Jaws well site in preparation for drilling activities.This is according to Kingfisher Bulletin, a website that provides the…
U.K.-based safety and survival solutions provider Survitec said it has completed its acquisition of Blue Anchor Fire & Safety, a Scottish provider of survival solutions to the fisheries, maritime and offshore energy industries.The investment…
Floating wind technology developer BW Ideol said Thursday that its planned offshore floating wind pilot project in California had progressed to the environmental assessment stage.The company said this was the next milestone in a permitting process…
Scotland-based oil and gas company Cairn Energy has announced plans to change its company name from Cairn Energy to Capricorn Energy. The change is expected to take effect from December 13, 2021. The LSE stock ticker will remain as CNE.'This…
Velesto Drilling, a Malaysia-based offshore drilling company, has ordered two Chela cranes from NOV's Gusto MSC, to be installed on a jack-up drilling rig.NOV said that the deal marked the first two orders for the 'new and cost-competitive version' of the Crane - the Chela Twins…
Ireland-based oil and gas company Providence Resources has completed a seabed, shallow geophysical, and environmental baseline survey over the K Well drilling location of the Barryroe field.The Barryroe field lies in approximately 100-meter water depth in the North Celtic Sea Basin and is located c…
Offshore Wind Consultants (OWC), a subsidiary of AqualisBraemar LOC, has said it has secured a large contract to provide engineering services for an offshore wind development project on the UKCS. AqualisBraemar LOC defines a large contract as between $4 million and $7 million…
Subsea services firm MMT, a subsidiary of Ocean Infinity, has chartered a Solstad Offshore construction support vessel.The Norwegian offshore vessel owner said Thursday that MMT would take its Far Superior vessel on a two-year charter with a one-year extension option…
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