Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.The Houston, Texas-based company reported a 33…
Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country's new electricity generation targets will shake the market up.For many years Japan has been viewed as a largely…
Finland-based marine and energy equipment maker Wärtsilä expects the third quarter of the year to be better than the corresponding one of 2020 but has warned that prevailing market conditions make the outlook uncertain.The company made the statement…
Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG. The Hilli Episeyo FLNG…
Dutch offshore installation company Heerema Marine Contractors has signed a contract with Acteon's offshore pile-driving operating subsidiary MENCK for the provision of two of the world’s largest hammers to support offshore wind installation activities in Taiwan…
Azeri Shah Deniz giant offshore field is set to near its plateau gas production goal by starting up the East South deep-water flank, project leader BP said on Tuesday.The giant Shah Deniz gas project in the Caspian sea, split into two phases…
U.S. oilfield services provider Danos has won a contract with an unnamed Gulf of Mexico operator for construction operations on two shelf assets, located approximately 80 miles off the coast of Louisiana. Work for the contract is expected to last through the end of 2021…
From offshore wind farms in Britain to floating solar power plants in Vietnam, about 13,000 renewable energy projects in nearly 50 countries are waiting for finance - and could create up to 10 million green jobs, consultancy EY-Parthenon said on Wednesday…
Modern American Recycling Services Europe (M.A.R.S) said Thursday it had secured the contract for deconstruction and recycling of Equinor's Veslefrikk B platform in the North Sea, offshore Norway.The Veslefrikk B platform is a semi-submersible production platform…
Dutch offshore installation company Heerema Marine Contractors has installed the 2,852-tonne jacket for TenneT's offshore transformer platform for Vattenfall's Hollandse Kust (zuid) offshore wind farm in the Dutch sector of the North Sea.This…
AqualisBraemar LOC, energy and marine industry consultants, said Tuesday it had wrapped up its work on the Sable Project decommissioning and removal campaign off the coast of Nova Scotia, Canada.The Sable Offshore Energy Project was developed…
Norway has awarded four exploration licenses to seven oil companies that include three for the Barents Sea in the Arctic in a sign that the country aims to continue to pump hydrocarbons for decades to come.The awards were part of Norway's so…
Danish Energy Agency has put on hold the tender for the 800MW-1,200MW Hesselø offshore wind farm, citing the need to further analyze the results of the preliminary site investigation, as soft clay formations have been found in the upper 20-30 meters below the seabed…
Brazilian oil company Petrobras said Friday it had received the third and final installment from TechnipFMC-affiliated companies as part of a leniency agreement struck in 2019 to resolve anti-corruption investigations in Brazil.Petrobras said…
The Danish Energy Agency on Thursday published the final tender conditions for the tendering of Thor Offshore Wind Farm, which will be the country's largest. 'With the publication, all the basic elements of the tender are in place, and the bidders…
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