VIKING Life-Saving Equipment has signed a strategic agreement with HeliService USA to supply it with certified personal protective equipment to uphold offshore wind industry safety standards along the U.S. East Coast.Building on enduring relations between the companies…
The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.Abu Dhabi National Oil Company (ADNOC)…
Cedar LNG has issued a notice to proceed with the engineering, procurement, and construction (EPC) of floating LNG production unit to Samsung Heavy Industries (SHI) and Black & Veatch, following the signing of a 20-year offtake agreement with ARC Resources…
Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden…
Baker Hughes has secured a contract from Black & Veatch to supply a Cedar LNG project in Canada’s British Columbia with electric driven liquefaction technologies.Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors…
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil and gas rig count…
Orcadian Energy has completed the previously announced farm-out of an 81.25% interest in license P2244 in Central North Sea, which contains the Pilot field, to Ping Petroleum UK, which became the operator of the license.Ping is focused on shallow…
Ithaca Energy has been given a four-week exclusivity period by Italy's Eni to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.Buying those assets, including those of Eni's recently acquired Neptune Energy…
Vattenfall has completed the sale of the Norfolk Offshore Wind Zone to RWE, with the agreed purchase price corresponding to an enterprise value of $1.21 billion (£963 million). The deal ensures continued development of the Norfolk Zone which…
Offshore wind energy development presents an opportunity to add transmission capacity to the U.S. East Coast's power system that could ensure reliability for electric grid, according a study released by the U.S. Department of Energy (DOE) on Thursday…
Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market…
Dril-Quip and Innovex Downhole Solutions have agreed to merge, creating a ‘unique’ industrial platform for onshore and offshore oil and gas sector.In an all-stock transaction, Dril-Quip will combine its drilling and production equipment expertise…
Italy's Eni said on Thursday it would embrace transition by creating separate units specialising in carbon capture and bio chemicals, adding to already existing renewable energy and biofuel subsidiaries.The four units would eventually attract…
Technip Energies, a leader of a consortium with GE Vernova and Balfour Beatty, has received a Letter of Intent from BP, on behalf of NZT Power Limited, for the execution phase of the Net Zero Teesside Power (NZT Power) project in the United Kingdom…
Saipem has signed a letter of intent for the development of CO2 offshore transportation and storage facilities as part of the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZTP) projects for the East Coast Cluster in the UK…
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