The U.S. Supreme Court on Monday ruled in favor of BP PLC, Chevron Corp, Exxon Mobil Corp, Royal Dutch Shell PLC and other energy companies contesting a lawsuit filed by the city of Baltimore seeking monetary damages from them due to costs caused by global climate change…
Dan Jørgensen, the Danish Minister for Climate, Energy & Utilities, on Monday led the groundbreaking ceremony of the H2RES project, marking the onsite construction start of Ørsted’s first renewable hydrogen project. H2RES will have a capacity…
Romanian oil and gas firm OMV Petrom has completed the previously announced sale of Kazakhstan-based Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) to Magnetic Oil, so it can fully focus on its business in the Black Sea.KOM and TOC hold the production licenses for four onshore fields…
Iran has signed a $1.78 billion contract with Petropars Group to develop the country's Farzad B gas field, Oil Ministry website SHANA said on Monday, after the failure of talks with Indian companies to develop the offshore site.Under the deal…
The European Union on Monday said it would toughen its rules on ship recycling and decommissioning offshore oil and gas sites, and set new targets to restore damaged marine ecosystems.Sectors linked to seas and oceans, such as shipping, fishing and offshore electricity generation…
Offshore installation contractor Oceanteam has won a contract with an unnamed client for the provision of a cable transport spread for a project in the German Baltic area which will start in May 2021 and is expected to be completed in the summer of 2021…
An offshore worker died on Saturday in an accident aboard Fieldwood Energy's U.S. Gulf of Mexico oil platform, offshore Louisiana.'We are deeply saddened to confirm that on May 15, 2021, a fatal incident occurred involving a contractor at the…
Dutch offshore services firm Fugro has been awarded a multi-year site investigation contract by Germany's Federal Maritime and Hydrographic Agency for offshore wind projects in the German part of the North Sea.'The program will be completed…
The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (Offshore)…
Integrated logistics and materials management firm ASCO has won a contract with Petrofac to provide logistics and supply base services for Phase One of IOG's development project in the Southern North Sea (SNS).Petrofac, as Well Operator for IOGs’ development of the Southwark…
Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters.Banks working on ADNOC Drilling are scheduling calls with local…
French oil firm Total has awarded a commissioning services contract for its Tyra Redevelopment Project in the Danish North Sea to a consortium comprised of Actemium Oil & Gas Commissioning and Semco Maritime.The Tyra Redevelopment Project is…
Ineos Oil & Gas UK has hired Maersk Drilling's harsh-environment jack-up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 42/13 of the UK North Sea. The contract is scheduled to start in the third quarter of 2021…
Norway-based Axess Group has secured an 'Enterprise of Competence' service contract with Aibel’s fabrication yard in Laem Chabang, Thailand, for the Dogger Bank Substation A, to be deployed at the first of three phases of the Dogger Bank Wind Farm – the world’s largest offshore wind project…
Denmark-based offshore wind developer Ørsted has named Richard Hunter as its Chief Operating Officer (COO) and new member of the Executive Committee of Ørsted as of June 1, 2021. Hunter joins Ørsted from a position as President of Rail Control Solutions and Wayside in Bombardier Transportation…
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