Offshore installation firm Jan De Nul said Tuesday that its latest jack-up installation vessel, Voltaire, had recently installed its first offshore wind turbine at the Dogger Bank offshore wind farm, the world's largest offshore wind project under construction…
Italian prosecutors have requested a former senior Eni employee, the now chief of a UK oil firm, and others be sent to trial for allegedly defrauding Eni over the attempted sale of an oil cargo to the company, a document from the Milan prosecutor's office shows…
Offshore drilling firm Shelf Drilling has secured a two-well contract extension for the Shelf Drilling Fortress jack-up rig. The rig is on a contract with China's CNOOC, operating in the UK North Sea, at the Golden Eagle offshore oil field.The…
UK-based offshore vessel designer Chartwell Marine has partnered with a designer and shipbuilder of specialized vessels, VARD, to introduce the Midi-SOV: a 'revolutionary' 55-meter offshore wind craft. 'Coming to both the US and European markets in 2024…
A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…
Dutch and British wholesale gas prices fell on Friday morning as Norwegian pipeline supplies picked up after some maintenance outages ended.The Dutch October contract edged down by 0.68 euro to 38.95 euros per megawatt hour (MWh) by 0820 GMT…
High levels of gas storage, lower energy prices and new sources of fuel mean Europe is heading into a second winter with scarce Russian gas in a more comfortable position than a year ago.After decades of relying on Russia to supply cheap gas…
Norwegian oil and gas company Equinor and its UK-based partner Ithaca Energy said Wednedsay they had taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf, together investing $3.8 billion in the development…
The head of Canadian operations for oil producer Equinor said on Tuesday he is more optimistic the Norwegian company will proceed with its Bay du Nord offshore project, four months after delaying the project for up to three years due to soaring costs…
China-based offshore drilling contractor China Oilfield Services Limited (COSL) said this week it had agreed to buy four jack-up drilling rigs from Dalian Shipbuilding Offshore.COSL's subsidiaries have agreed to buy four JU2000E jack-up drilling rigs at a total contract price of RMB3…
The bosses of Portuguese utility EDP and oil company Galp on Tuesday warned the government the guaranteed price of the power generated will be key to preventing the first auction of floating offshore wind farms from failing like a recent one in Britain…
Ithaca Energy's Executive Chair Gilad Myerson said on Wednesday that there was a 'very high likelihood' that Britain's Rosebank oil field development would be approved by authorities, Reuters has reported. A formal sanctioning of the project could take place by the end of the year…
Japan's Mitsui & Co said on Friday it had finalized a plan with Canada's Northland Power Inc. to build a 1 gigawatt (GW) offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($6.5 billion). The deal comes as countries around…
India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns, but is willing to wait because Russian oil is hard to ship right now, the head of ONGC's overseas investment arm, ONGC Videsh…
Ithaca Energy has agreed to acquire the remaining 30% stake in Cambo from Shell, taking Ithaca Energy’s stake in Cambo to 100%.To remind, Ithaca Energy said in May it had agreed to market Shell's 30% stake in the Cambo oil prospect in the UK North Sea…
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