Hellenic Cables has signed a contract with Seaway 7 to supply inter-array cables for the Bałtyk II and Bałtyk III offshore wind farms in Poland.Hellenic Cables was appointed by Seaway7 as the key subcontractor for the design, manufacturing,…
Guyana said it expects to receive some $2.1 billion from oil exports and $320 million from royalties this year as crude production continues to rise, an increase from the $1.62 billion received in 2023.The South American nation's gross domestic product is expected to increase by 34…
A group of 27 investors that own around 5% of Shell's shares has co-filed an independent resolution urging the energy company to set tighter climate targets, the biggest such drive to date.The resolution, led by activist shareholder Follow This…
Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…
The Danish Underground Consortium (DUC) has reached final investment decision (FID) to drill a new well on the Harald East area, located close to the Norwegian border, with the gas planned to be exported through the Tyra East facilities.DUC…
Every single turbine at Vattenfall’s 168 MW offshore wind farm Vesterhav Syd has now delivered power to the Danish electricity grid.The offshore wind farm is now completely connected to the Danish power grid, following the supply of power from the first turbines back in November 2023…
Decom Engineering has completed the first deployment of its largest subsea Chopsaw to date, achieving substantial time savings of almost 300% on a decommissioning job in the North Sea.Following the $1.2 million (£1 million) investment to develop…
Golar LNG’s floating liquefied natural gas (FLNG) unit Gimi has arrived at BP's Greater Tortue Ahmeyim (GTA) project, located offshore Mauritania and Senegal.The FLNG Gimi unit reached GTA field on January 10, 2024, after departing from Seatrium Shipyard in Singapore in November 2023…
Gale-force winds and high waves from a storm led to the listing of an elevated liftboat in the Gulf of Mexico, the National Transportation Safety Board (NTSB) said Wednesday. Damage to the vessel and cargo was estimated at $6.9 million.On November 20…
Norwegian company BW Offshore has informed that the contract for its Catcher floating production storage and offloading (FPSO) has been extended beyond fixed term.BW Catcher FPSO, operating at Catcher field in UK, is owned and operated by BW…
Japan’s utility JERA and Green Power Investment Corporation (GPI) have started operations at the Ishikari Bay New Port Offshore Wind Farm - the largest commercial wind farm in Japan.Located in Hokkaido’s Ishikari Bay New Port, the wind farm…
Cosco Shipyard in China has launched Cadeler’s newbuild vessel Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load.The launching of Wind Peak is a critical milestone that marks the completion of the vessel’s hull…
Seatrium has issued an announcement confirming its contract for a 1,260MW offshore substation (OSS) platform for Empire Wind 2, valued at more than S$250 million, has been cancelled.Seatrium was awarded two contracts from Empire Offshore Wind LLC for the engineering…
U.S. oil and gas company Talos Energy has started oil and gas production at Lime Rock and Venice discoveries, located near its Ram Powell platform in the U.S. Gulf of Mexico.The Lime Rock and Venice wells were brought safely online in late December…
Seatrium has been awarded a contract by Shell to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible floating production unit (FPU).The contract includes the installation of Shell-furnished equipment…