Mediterranean-focused oil and gas firm Energean said Tuesday the size estimate of its gas fields off Israel has been increased to 729 MMboe, following the completion of an independent Competent Persons Report by DeGolyer and MacNaughton.The CPR report which certifies 98…
Coronavirus vaccines are expected to boost international passenger transportation and oil consumption, but the first significant impact will not be felt until well into the second half of 2021, based on futures price movements on Monday.Brent…
Italian oil and gas giant Eni has joined marine renewable energy group Ocean Energy Europe (OEE), as lead partner. Vincenzo Michetti, Eni’s Head of Upstream R&D will represent the company on the OEE Board. As part of the industry body focused on the development of tidal and wave energy…
Onshore wind companies provided the largest revenue stream for the Norwegian renewables industry from sales of equipment, construction and consultancy services in 2019, overtaking hydropower, according to a report published on Friday.Onshore…
Dutch offshore installation services firm Heerema Marine Contractors has installed one of the world's smallest offshore gas platforms using its Sleipnir semi-submersible crane vessel - which is the world's largest - in the Dutch sector of the North Sea…
Hydromea launched a new patent-pending subsea wireless communication modem LUMA X. The LUMA X can beam data using light at up to 10 Mbit/s with a 120-degree cone. With that, the LUMA X enables real-time streaming of HD-quality video and 4K images…
Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…
The world's largest offshore wind turbine in operation, GE's Haliade-X prototype, has been upgraded, or 'uprated' and is now operating at a 13 MW power output.The Haliade-X wind turbine prototype has been spinning in Rotterdam since November 2019…
Offshore wind farm installation company Cadeler, until recently known as Swire Blue Ocean, has signed a contract with the Belgian offshore contractor Deme to supply a vessel for an installation campaign in the UK.Cadeler will be sending its…
Spanish green energy company Iberdrola reported 4.7% net profit growth for the first nine months on Wednesday and said it still expected that metric to rise at a mid to high-single digit rate this year.Boasting more than 32GW of renewable generation capacity in markets including Spain…
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain. An October 22 webinar presented by World Energy Reports, Ørsted and American Bureau of Shipping (ABS) will deliver insights on the current progress…
Norwegian energy firm Equinor said on Tuesday it had submitted two bids in New York's second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in the United States.Equinor said it was bidding for two projects off the U…
Norwegian oil company Equinor said Monday that its LNG plant, damaged in a fire on September 28, would be closed for up to a year for repairs.To remind, Equinor earlier this month said it expected to resume operations at the plant that processes…
Dutch offshore installation contractor Heerema Marine Contractors has installed two jackets for wind farm developer Ørsted. The jackets will provide the foundation for the Hornsea 2 offshore wind farm’s RCS and OSS platforms.Heerema used its…
Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…
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