Following the installation of the first wind turbine at the U.S. first commercial-sized offshore wind farm project, Vineyard Wind 1, earlier this week, Dutch offshore technology company Barge Master shared how it contributed to the project.Barge…
Finland's foreign ministry said on Friday it had contacted China and Russia via diplomatic channels regarding the investigation of damage to a pipeline and a telecoms cable in the Baltic Sea.Early on Oct. 8, a gas pipeline and a telecoms cable connecting Finland and Estonia were broken…
SLB edged past estimates for quarterly profit on Friday as strength in the overseas drilling market to meet the insatiable global appetite for oil drove demand for its oilfield equipment, offsetting weakness in North America.Oilfield services…
Offshore drilling rig owner Northern Drilling said Thursday it would appeal an arbitration tribunal ruling from September, which ruled in favor of South Korea's Hanwha and against Northern Drilling in a case over drillship order cancellations…
Elenger, part of Estonia's Eesti Gaas, said on Friday it will deliver a cargo of liquefied natural gas (LNG) from the United States to Finland's Inkoo terminal in the second half of November.It was also ready for additional deliveries during the winter season…
Harland & Wolff has secured a contract with Canada-based Cenovus Energy for the mid-life upgrade of the SeaRose FPSO vessel. The base contract value is approximately £61 million (~currently around $74 million). The FPSO is expected to arrive…
Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen…
Belgium-based offshore installation company DEME Group said Friday it had won a new offshore wind contract in Taiwan, through its Taiwan-based affiliate CDWE.Offshore wind developer Ørsted has awarded CDWE a contract to carry out seabed levelling…
Mexican state oil company Petroleos Mexicanos, known as Pemex, and its union agreed to a 7.82% hike in combined benefits and pay, according to a government statement published on Thursday.Under the agreement, Pemex workers will receive 4.16% higher salaries and 2…
Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about $1.2 billion, according to two sources with direct knowledge.The sale of the…
The Australian oil and gas company Woodside has removed the Nganhurra Riser Turret Mooring (RTM) from the Enfield field, located approximately 52 km northwest of Exmouth in Western Australia.According to Woodside, the RTM has been lifted onto…
Offshore wind farm developer CrossWind said Friday it had installed the 69th and final wind turbine at the Hollandse Kust Noord offshore wind farm in the Dutch section of the North Sea.The final turbine's three 97-meter-long blades were lifted into position on Thursday evening…
The Norwegian oil and gas company Equinor said Friday it had brought online the Breidablikk field in the North Sea, four months ahead of schedule and within budget, and with higher initial production than expected.Tied back to the Grane platform…
A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023…
Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after the state last week denied passing on more of the costs to consumers, but major projects off Massachusetts and Rhode Island are set to start up later this year…
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