Equinor on Friday cut its full-year oil and gas output guidance while posting a bigger-than-expected profit for the third quarter, boosted by the company's trading unit.The Norwegian energy group's adjusted earnings before interest and tax for July-September fell to $8…
Energy company Repsol's REP.MC adjusted net profit fell 27% year-on-year in the third quarter because of lower oil and gas prices, it said on Thursday, adding it would further diversify into renewables to offset fossil fuel volatility.The company reported an adjusted net profit of 1…
Subsea 7 said Tuesday that its subsidiary Seaway 7, offering services in offshore renewables, had secured a 'substantial' contract with Norway's Equinor and its Polish partner Polenergia for the inter-array cables of the MFW Bałtyk II and MFW Bałtyk III bottom-fixed offshore wind projects…
Norwegian oil company Aker BP and construction firm Aibel on Thursday held the first steel cutting ceremony for the Munin platform in Thailand, being built for the Yggdrasil development offshore Norway.Thai monks blessed the steel in a formal ceremony…
MAN Energy Solutions has won the contract for the delivery of three integrally-geared compressor trains (IGC) for Porthos, the first large-scale carbon capture and storage (CCS) project in the Netherlands. The Port of Rotterdam Authority, Energie Beheer Nederland B…
Kongsberg Discovery started sea trials with its new long-range Autonomous Underwater Vehicle (AUV), HUGIN Endurance.Launched in 2021, HUGIN Endurance measures nearly 11m long with a 1.2m diameter, weighing around 8,000 kg. This mega AUV is rated to a depth of 6…
Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen…
Offshore installation firm Jan De Nul Group has, in partnership with cable maker Hellenic Cables, won a contract to design, manufacture, transport, and install a package of four 220 kV HVAC export cables to connect the Polish offshore wind farms Baltyk II and Baltyk III to shore…
The Norwegian oil and gas company Equinor said Friday it had brought online the Breidablikk field in the North Sea, four months ahead of schedule and within budget, and with higher initial production than expected.Tied back to the Grane platform…
A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses…
French energy major TotalEnergies said Monday it had partnered with Corio Generation (Corio), an offshore wind developer, and Rise Light & Power (Rise), a New York-based electricity producer, for the joint development of the Attentive Energy…
TGE Marine has received an order from the Chinese shipyard Dalian Shipbuilding Industry Offshore for the design and supply of a cargo handling system for a 7,500m³ liquified CO2 (LCO2) carrier.The vessel is the third iteration of the series…
Certex UK’s Great Yarmouth-based Engineering Services Division has won a major framework to supply statutory inspection and maintenance services on Dogger Bank Wind Farm. The contract covers inspection and maintenance of cranes, personnel lifts…
The Noble Intrepid jack-up rig arrived Tuesday in Port of Aberdeen's recently inaugurated Aberdeen South Harbour.The Noble Corporation rig arrived for reactivation workscopes and Semco Maritime will provide quayside services throughout its time in port…
Chinese shipbuilder China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for the Dutch FPSO leasing firm SBM Offshore…
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