After the U.S. Bureau of Ocean Energy Management (BOEM) announced TotalEnergies and Duke Energy Corp as the winners of two offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the confirmation came Friday from TotalEnergies…
Technip Energies and its affiliates Kanfa and Inocean on Wednesday launched a suite of carbon-free solutions for green hydrogen production called of GO.H2TM by T.EN.'Hydrogen is integral to the energy transition, and, building on its long-lasting hydrogen and offshore track record…
On Wednesday, French oil & gas major TotalEnergies and U.S. utility Duke Energy were declared provisional winners of the two lease areas auctioned by BOEM, the federal agency in charge of offshore wind area leasing and project permitting. Whilst…
Leaders from European Union countries are set to endorse the bloc's plan to wean itself off Russian energy and spend the bloc's COVID-19 recovery fund to do this, according to draft conclusions for a leaders' summit later this month.The European…
Five foreign vice-presidents of Russia's Rosneft have resigned because of European Union sanctions forbidding European citizens or Russians living in the EU to work at the Kremlin oil major, six sources familiar with the matter said.They said the five - Didier Casimiro…
U.S.-based offshore oil and gas services firm Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration…
Australian oil and gas company Woodside said that its shareholders voted to approve the proposed merger with BHP's oil and gas business at its Annual General Meeting on Thursday, with 98.66% of the votes in favor of the merger.'All conditions…
Offshore accommodation rig provider Prosafe has agreed with China's Cosco shipyard to extend delivery flexibility for the Safe Nova and Safe Vega flotels, under the deal first entered in August 2018.'It remains the intention that Prosafe will…
Major Canadian pension fund Ontario Teachers' Pension Plan has agreed to invest up to $1 billion in a new offshore wind business launched by Australia's Macquarie Group to develop projects around the world, the companies told Reuters on Thursday…
Norwegian oil and gas company Equinor has agreed to sell its non-operated share in the Greater Ekofisk Area and a minority share in the Martin Linge offshore field, both offshore Norway, to Sval Energi for $1 billion in cash, plus contingent payments linked to oil and gas prices in 2022 and 2023…
Dutch dredging and marine services firm Boskalis raised its full-year core profit forecast on Thursday, pointing to a well-filled order book and favorable market outlook in the short and medium-term.Boskalis, which also offers services and contracting…
The U.S. offshore wind sector continues to pick up speed on its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, with a total investment of $205 billion required for the 70 GW of capacity forecast to be added in this and the next decade…
Norwegian Energy Company (Noreco) has appointed Euan Shirlaw as chief executive officer.Shirlaw has been the Chief Financial Officer of the company since Noreco's acquisition of Shell’s upstream assets in the Danish Underground Consortium (the “DUC”) in 2019…
The Biden administration on Wednesday will hold a wind energy auction for two areas off the coast of North and South Carolina, its second such offering this year.The sale is part of the government's broad push to put wind turbines in federal waters along every U…
Offshore wind turbine maker Siemens Gamesa Renewable Energy has hired Seajacks' offshore installation vessel Seajacks Zaratan for work offshore Taiwan.Seajacks Zaratan features 800t crane and 2,000m² deck space and is used for offshore wind farm construction and substation commissioning…
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