Portugal's Galp Energia on Monday posted a 22% fall in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins, but earnings still beat estimates for the period.The energy firm reported adjusted earnings before interest…
The Danish Energy Agency has granted RWE the offshore construction permit for 1.1 GW Thor offshore wind farm, marking the final authorization ahead of construction start set for spring 2025.Good progress is already being made on land, with the…
Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results.The results, together with a drop in debt and strong cash flow…
Mammoet has been hired by shipbuilder and ship repair company Damen Shiprepair to assist with a jack-up leg repair for the Noble Corporation drilling rig Noble Regina Allen, reducing the downtime of the rig during retrofit process.Initially…
Norway's Equinor has started monitoring operations of the Sleipner B platform in the North Sea, following the outage due to smoke development reported in one of its electrical facilities.The emergency vessels Skandi Mongstad and Esvagt Bergen…
Technology company Techouse has teamed up with several energy companies, including TotalEnergies and Equinor, to develop and test a compact once-through steam generator (OTSG) that could reduce fuel consumption and emissions at offshore installations…
Norway's Equinor has shut down production at its Sleipner B gas platform due to smoke development in one of the electrical facilities at the unmanned platform in the North Sea.Equinor has mobilized vessel Skandi Mongstad to the area, after its…
UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…
Wind power high voltage specialist Correll, part of SPIE Group, has secured a contract from Jan de Nul to complete the 66kV subsea cables termination and testing on offshore wind turbines for RWE’s Thor offshore wind farm.The works are set…
Danish offshore wind installation firm Cadeler has signed contracts with Equinor and Polenergia for the installation of turbines at 1440 MW Bałtyk 2 and Bałtyk 3 offshore wind farms in the Polish Baltic Sea.The total potential value of these…
Malaysian shipowner Coastal Contracts Bhd on Thursday placed an order with Chinese shipbuilder Fujian Funing Shipbuilding Heavy Industry, a subsidiary of Fujian Shipbuilding Industry Group, for a pair of 85-meter subsea support/maintenance vessels…
Norwegian shipowner Rem Offshore has hired Norwegian Electric Systems (NES) to deliver a deck-based battery energy storage system to its Rem Inspector construction support vessel (CSV). NES, specializing in sustainable energy design and smart control systems for vessels…
Genesis North America (GNA), as a major subcontractor of Offshore Oil Engineering Co., (COOEC), has engaged ABS to support RUYA Project, a production capacity improvement plan for the Al Shaheen field in Qatar operated by North Oil Company (NOC)…
Hong Kong-based developed of uncrewed surface vehicles (USV) OceanAlpha has unveiled plans for year-long showcase of its USVs across the Middle East Region for offshore energy sector and other maritime industries.Beginning in Qatar’s Doha, the…
The chief executive officer of Norwegian offshore vessel owner Eidesvik Offshore, Gitte Gard Talmo has resigned from his role to take up a new position in an international company abroad.Gitte Gard Talmo has been with the company for 22 years and has been CEO of Eidesvik Offshore since January 1…
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