Leaders from European countries surrounding the North Sea pledged on Monday to rapidly scale up offshore wind power generation in the region to strengthen energy security, at a summit in Ostend, Belgium.Leaders from seven European Union countries…
An ailing crewmember was medevaced from an offshore pipelay barge in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Houston-Galveston received a medevac request relay from Coast Guard District Eight at 6:45 a…
An object found close to the Nord Stream 2 gas pipeline in the Baltic Sea appeared to be a maritime buoy and does not pose a safety risk, the Danish Energy Agency said on Wednesday. The object, which was retrieved on Tuesday by the Danish navy…
Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from…
Offshore services firm DeepOcean said Monday it had mobilized its first Autonomous Inspection Drone (AID), which it says 'can unlock substantial cost savings for operators of offshore wind farms and oil and gas fields. 'The subsea drone has been mobilized on board the Edda Fauna subsea Inspection…
German renewable energy firm RWE said Thursday it would be the first developer in the world to utilize Siemens Gamesa’s GreenerTower at its Danish offshore wind farm Thor. The tower steel plates are made of greener steel that produces at least…
Norwegian oil and gas company Vår Energi will collaborate with floating wind technology firm Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at its Goliat oil field in the Barents Sea, offshore Norway…
Britain plans to widen its flagship renewable energy support scheme to encourage investment in the sector, the government said on Monday as it opened a consultation on the proposed changes. The Contracts for Difference (CfD) scheme is the government's…
Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows.With hydropower expected to generate an additional 11…
Aurora Energy Services, a newly launched, Aberdeen-based energy industry services provider, said Thursday it had acquired two long-established Scottish businesses.Namely, Aurora has acquired Huntly-based offshore services and fabrication company R&M Engineering…
Malaysian offshore vessel services firm Coastal Contracts said Tuesday its subsidiaries had secured contracts for the sales of two offshore support vessels for an aggregate value of approximately RM287.3 million (currently around $65,2 million)…
Borr Drilling announced it has secured more offshore drilling work in Latin America.The Norwegian shallow water drilling company announced Monday that its jack-up rig Hild has been contracted by an undisclosed customer for a firm term of 725 days…
Moscow may seek compensation for the damage to the Nord Stream gas pipelines from two explosions last September, but the future of the projects is unclear, according to a Russian diplomat cited by the news agency RIA Novosti.The pipelines, which connect Russia to Germany under the Baltic Sea…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. Three explosions last September on the…
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