Oil and gas company Neptune Energy said Friday it had started drilling on the Calypso exploration well in the Norwegian Sea.Neptune Energy is using the Deepsea Yantai, a semi-submersible rig owned by CIMC and run by Odfjell Drilling, to drill the exploration well formally known as Well 6407/8-8 S…
Wind turbine maker Siemens Gamesa said on Thursday it missed its full-year target as revenue declined, mostly due to delays in project execution and supply chain disruptions hampering production of wind turbine generators. The company said its core earnings margin during the year that ended on Sept…
COPENHAGEN, Nov 3 (Reuters) - Danish energy firm Ørsted on Thursday lifted its profit outlook for the year on the back of high power prices, while third-quarter core earnings slightly lagged expectations on the back of soft performance in its key offshore unit…
Ithaca Energy shares dipped on their London debut on Wednesday after the North Sea oil and gas producer defied volatile markets to deliver Britain's largest initial public offering (IPO) this year, and Europe's fifth biggest. The shares opened…
The UK-based Offshore Wind Growth Partnership (OWGP) has launched a new Innovation Grant funding competition targeted at two offshore wind industry innovation priorities: Decarbonising the sector and Improving reliability.Sponsored by Equinor…
Spain's Iberdrola plans to invest 47 billion euros ($47 billion) in its electricity networks, renewable energy production and customer businesses in 2023-2025 alongside an expected rise in profits, it said on Wednesday. Iberdrola is pushing…
The strong winds blowing over Australia’s rugged coastlines will soon power many of [Australia's] homes, as offshore wind farms are poised to begin construction. But a new research highlights the need to ensure any potential risks to marine life is properly mitigated…
A consortium created in 2021 wants to build an offshore wind farm 22 kilometers off the coast of South Taranaki, New Zealand.The consortium, comprising BlueFloat Energy, Energy Estate and Elemental Group, says this is the first of its four offshore…
Offshore carbon capture and storage (CCS) projects in the US Gulf of Mexico could play an influential role in the country's goal of reducing greenhouse gas emissions, the energy intelligence group Wood Mackenzie said Thursday.According to Woodmac…
Ithaca Energy's London listing will be priced at 250 to 310 pence, giving the North Sea oil and gas producer an implied market value of 2.5 billion to 3.1 billion pounds ($2.87 billion to $3.56 billion), bookrunners said on Wednesday. Ithaca…
Dutch marine geotechnical survey firm Fugro said Wednesday it had completed fieldwork on a geophysical, geotechnical and environmental site investigation contract for RWE Renewables’ Dogger Bank South (DBS) offshore wind farm and export cable routes…
Norwegian offshore wind company Vårgrønn, a joint venture between the Italian energy company Plenitude and the Norwegian energy investor HitecVision, has acquired Plenitude’s stake in Dogger Bank A, B and C in the UK, which will be the world's largest offshore wind project…
Rovco, a provider of subsea robotic and hydrographic survey services, will deliver and install offshore rock bags at the Galloper offshore wind farm in the Outer Thames Estuary, offshore the UK.The project scope includes installing rock bags…
Andrew Hockey, CEO of the UK-based oil and gas company IOG, with gas fields in the Southern North Sea, is set to step down after nearly five years in the role. IOG's Chief Operating Officer, David Gibson, is stepping down, too.The news of the resignations came Wednesday…
Singapore's Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp's offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19 billion), the Temasek-backed oil rig builder said on Thursday…
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