Following the announcement of a proposed merger between offshore drillers Maersk Drilling and Noble Corporation on Wednesday, a Noble shareholder said it would vote against the deal.The combination is a primarily all-stock transaction where…
The Irish government on Thursday set out climate targets for key sectors of the economy it said were needed to cut greenhouse gas emissions by 51% by 2030, a plan it said will require around 125 billion euros ($144 billion) of private and public investment…
Offshore wind developer Parkwind has selected the Port of Mukran as a service base that will serve its Arcadis Ost I wind farm, in the Baltic Sea, offshore Germany.Earlier this week, Parkwind, wind turbine maker Vestas, and construction firm…
U.S. offshore wind developer Vineyard Wind has partnered up with the Danish offshore services firm Semco Maritime to create a service and maintenance hub in New Bedford, Massachusetts, and hire up to 40 people 'in the coming years.' Semco Maritime…
Portuguese oil company Galp Energia on Monday raised its earnings outlook for 2021 after higher oil prices and positive refining margins buoyed profitability in the third quarter.Galp said its adjusted core earnings or EBITDA in this year as a whole would exceed 2…
Sercel launched Bluepulse, a marine acoustic source that is a purpose-built to help protect marine wildlife from high-frequency emissions while maintaining highly accurate and reliable results for seismic acquisition.Bluepulse is compatible with all existing peripherals…
Norway's Equinor posted its strongest quarterly result in nine years on Wednesday, driven by a global energy supply crunch that pushed Europe's natural gas prices to record highs and sent the value of derivative contracts soaring.The company…
Canadian Prime Minister Justin Trudeau on Tuesday sparked concern in the country's oil patch and hope among green advocates when he named two men with strong environmental records to lead his government's fight against climate change.Steven…
The Biden administration on Friday took a procedural step towards holding an auction for oil and gas drilling rights in the Cook Inlet off the coast of Alaska next year.The move is the latest effort by the U.S. Department of Interior to comply…
Global Offshore, part of Global Marine Group, has won a contract for the installation and burial of 27 array cables at Parkwind’s Arcadis Ost 1 offshore wind farm in the German Sector of the Baltic SeaGlobal Offshore will be responsible for the project management and marine engineering…
Norway's trade surplus rose last month to a record level thanks to soaring revenues from selling gas from its offshore fields, national statistics agency (SSB) data showed on Friday.With a daily output of around four million barrels of oil equivalent…
Offshore drilling company Seadrill said all voting classes of stakeholders accepted its reorganization plan, including all 12 credit facilities and general unsecured creditors and shareholders, labeling the result as an important step to Chapter 11 emergence…
Offshore drilling rig company Valaris said Wednesday it had won a contract extension with ARO Drilling for Valaris JU-36 jack-up drilling unit.The rig, formerly known as Charles Rowan, is a standard duty jack-up and will stay with ARO Drilling…
Russia's Gazprom said on Tuesday it has appealed a court decision that confirmed the Nord Stream 2 gas pipeline will be subject to European Union rules that require the owners of pipelines be different from the gas suppliers.Gazprom says the rules…
DNV has won a contract to carry out project certification for the Codling Wind Park project, one of the largest offshore wind farms planned in Ireland.The project, owned by Codling Wind Park Ltd (CWPL), a 50/50 joint venture between Fred. Olsen Renewables and EDF Renewables…
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