Ocean Energy USA, a subsidiary of Irish-based Ocean Energy, has deployed its 1.25 MW-rated wave energy device at the US Navy's Wave Energy Test Site (WETS) in Hawaii.The 826-ton wave energy device, dubbed OE-35, will be connected to the Hawaiian electricity grid by subsea cable in the coming weeks, following the completion of commissioning and testing activities onsite.The utility-scale wave energy device measures 125 by 59 feet…
Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system.In cooperation with Cenpes, Petrobras’ research…
French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, worse than analysts expected, hurt by lower refined product and gas sales and as European refining margins tumbled.Adjusted net income for the three months to June 30 was $4…
Great British Energy, a new UK government-owned clean energy company, and the Crown Estate have entered into partnership, which could facilitate up to 20-30 GW of new offshore wind developments reaching seabed lease stage by 2030.Great British Energy (GB Energy) Bill…
Jan de Nul has named its new XL cable laying vessel (CLV), an identical copy of the previously ordered Fleeming Jenkin, after an Irish scientist William Thomson.The William Thomson will have three carousels and cable-carrying capacity of 28…
UK-based tech-powered offshore wind solutions provider Rovco has been awarded the site characterization survey work in support of the development of Green Volt floating wind farm in Scotland.Rovco will focus on geophysical surveys in the OWF array area…
RWE and TotalEnergies have entered into a partnership agreement to jointly deliver the OranjeWind offshore wind project in the Netherlands, with TotalEnergies buying half of RWE’s equity stake to deliver the be the first ‘system integration’ project in the Dutch market…
Equinor, Europe's biggest supplier of natural gas, will use upcoming late-summer maintenance season to ensure that Norway's ageing fields can continue to deliver energy at a reliable pace, the company's CEO told Reuters on Wednesday.The maintenance and repair of Norwegian gas infrastructure…
The European Investment Bank (EIB) and Italian cable maker Prysmian have signed a new $488.7 million (€450 million) finance contract to facilitate green electricity transmission and distribution in Europe.With a view to meeting the growing demand…
Norway's Equinor is still considering reducing its 80% stake in Britain's Rosebank oilfield as it seeks to bring the share in line with that of its other assets, Chief Financial Officer Torgrim Reitan told Reuters on Wednesday.The current 80%…
Australian-headquartered SRJ Technologies has signed an agreement for the acquisition of UK-based Air Control Entech (ACE), in a move aimed at bolstering its fleet with advanced drones and robots designed to conduct remote inspections of offshore energy assets…
Deme Offshore has laid all inter-array cables, manufactured by its partner Hellenic Cables, for the first phase of 3.6 GW Dogger Bank offshore wind farm in UK.More than 200 miles of 66KV inter-array cables have been successfully installed by…
Dutch company Huisman has booked an order for the delivery of a Knuckle Boom Crane for a client in the offshore energy market.The 550mt Knuckle Boom Crane will be equipped with Huisman’s proprietary secondary-controlled Active Heave Compensation System…
Subsea specialist Sulmara has secured funding from the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) with the ability to launch and recover towed sensor packages.The project will deliver…
Vaar Energi, majority-owned by Italy's Eni, posted a second-quarter operating profit below expectations on Tuesday, but maintained its dividend payment level and said it was on track to increase oil output.Earnings before interest and tax (EBIT)…
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