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…
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…
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…
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…
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…
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…
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…
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…
Israel is suspending production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday, following three days of violence in the region.Chevron, which operates the field…
Norway and Lithuania tightened security at onshore energy installations, following Sunday's gas pipeline gas leak in the Baltic Sea, while Finland recommended energy operators to be more aware of security.On Tuesday, Helsinki said damage caused…
A gas pipeline and a data cable connecting Finland and Estonia under the Baltic Sea sustained damaged on Sunday due to 'outside activity' according to Helsinki, stoking concern over the security of energy supply in the region.Finland's neighbor Norway is Europe's largest gas exporter…
Norway, Europe's largest gas supplier, is closely monitoring the progress of a probe into unexplained damage on a Baltic Sea gas pipeline, having already stepped up security at its energy installations after the Nord Stream blasts last year…
Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and…
TotalEnergies is expected to lay out the potential for its oil discoveries in Namibia at an investor day next week as the French energy firm continues to bet on oil and gas to boost profits while also growing its low-carbon business.The group…
Dutch offshore survey firm Fugro will convert the Fugro Resilience and the Topaz Endurance, two ULSTEIN PX121 platform supply vessels (PSVs), to geotechnical vessels, targeting their deployment in the global offshore renewable energy market…
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