Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter…
In 2025 to-date, five out of the six liquefaction projects reaching Final Investment Decisions (FID) globally, representing around 90% of liquefaction capacity, are located on the U.S. Gulf Coast. Despite an inflationary environment, geopolitical tailwinds combined with U…
Scotland’s largest Energy Transition Skills Hub, a $13.3 million facility featuring a welding academy, advanced manufacturing zone and digital training suites, was officially opened in Aberdeen on Monday by First Minister John Swinney.The Hub…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Heerema Marine Contractors has secured a decommissioning contract by BP for the Engineering, Preparation and Removal (EPR) of the Andrew platform’s topside and jacket.The scope includes the removal, transport and offloading of the topside, comprising the Flare and Kinnoull Module…
A new joint venture (JV) between THREE60 Energy and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been awarded a multi-million-dollar contract by BP to provide integrated decommissioning services for its Andrew field in the North Sea…
Italian energy giant Eni has completed the sale of 30% stake in the Baleine project, located off the Ivory Coast, to energy and commodity trading company Vitol.The Baleine project is the West African country’s main offshore development and is now owned by Eni (47…
Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an industry under sustained attack from President Donald Trump.But the victory may prove short-lived…
Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month…
Australian oil and gas firm Woodside Energy has marked rapid progress on its $17.5 billion Louisiana LNG project, with construction on the first of three liquefaction trains already more than 22% complete since the final investment decision in April…
Hellenic Cables, the cables segment of Cenergy Holdings, has signed a turnkey contract with the Independent Power Transmission Operator (IPTO) for the design, supply, and installation of a 150kV composite cable system interconnecting Igoumenitsa and Corfu in Greece…
U.S Environmental Protection Agency (EPA) issued the Clean Air Act (CAA) permit for the proposed offshore Texas GulfLink (TGL) deepwater port. The permit allows a first-of-its-kind use of vapor capture and control technology mounted on an offshore…
Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…
Engineering consultancy Wood has secured a three-year contract extension to provide operations, maintenance, modifications and support services on Equinor’s assets at the Mariner field, located on the UK Continental Shelf (UKCS).With the extended contract…
Equinor and Shell have appointed Neil McCulloch as Chief Executive Officer (CEO) and Nicoletta Giadrossi as Chair of their offshore U.K. incorporated joint venture, Adura.The appointments mark a key step in establishing Adura as the U.K. North Sea’s largest independent oil and gas producer…