RTS Wind reports it has secured a contract to provide offshore blade maintenance at Ørsted's Burbo Bank wind farm, off Liverpool in the UK.RTS Wind UK Operations Director, John Galliford, said, “We are delighted to be awarded this contract with…
Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous…
The EolMed consortium comprising Qair, TotalEnergies, and BW Ideol, has reached a final investment decision for its 30MW offshore floating wind development in France, BW Ideol said in a brief statement on Thursday.BW Ideol, a company making foundations for floating wind turbines…
Oil output at the BP-led Azeri–Chirag–Gunashli project in Azerbaijan amounted to 5 million tonnes in the first quarter of 2022, BP BP.L said on Thursday.BP also said the Shah Deniz field produced more than 6 billion standard cubic meters (bscm)…
GE's Grid Solutions business, a global power industry systems provider, has signed a memorandum of understanding with offshore platform and modules builder HSM Offshore Energy to partner on offshore wind substations projects'This MoU can help…
Norwegian seismic company PGS said Thursday it had secured solid industry pre-funding for a large MultiClient survey on the Northwest shelf of the Norwegian Sea. The Ramform Atlas vessel is currently mobilizing for the survey, with scheduled acquisition starting around May 10…
Argeo, a Norwegian autonomous underwater vehicles provider, said Thursday it had completed AUV work for Statens Vegvesen (Norwegian Public Roads Administration) on the Bjørnafjorden E36 crossing.'The Bjørnafjorden crossing is the world’s longest floating bridge project…
Norwegian oil companies Equinor and Aker BP have agreed for the Krafla offshore field operator to be transferred from Equinor to Aker BP. With this transaction Aker BP will be the operator of all discoveries in the NOAKA area - Krafla, Fulla…
The German government on Thursday signed agreements for the charters of four floating storage and regasification units (FSRUs), as it works to become less reliant on Russian gas, as FSRUs will enable it to import LNG from other sources.The agreements…
Shell reported on Thursday a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.Shell joins sector rivals, including BP and TotalEnergies…
Wage talks between Norwegian oil firms and three labor unions broke down on Wednesday and will switch to state-led mediation in a bid to prevent strike action by workers, the unions and companies said.If Norway's government-appointed mediator is unable to broker a deal…
Norway's pipeline gas export could hit all-time highs this year, exceeding a 2017 record of 117 billion cubic meters (bcm), pipeline operator Gassco said on Wednesday.'I think we will see it (in) that range, and I will not be surprised if it's a bit over…
Oil prices jumped on Wednesday as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, which offset worries about demand in top crude importer China.Brent crude futures were up $4.00, or 3…
BASF is looking into a deal to transfer the Russian assets and operations of its oil and gas business, Wintershall Dea, to co-investor LetterOne, Bloomberg reported on Wednesday.Offloading Wintershall Dea's Russia-based energy assets could allow…
British oil major BP plans to invest up to £18 billion (around $22,47 billion) in the UK’s energy system by the end of 2030, with the investments including North Sea oil and gas, as well as offshore wind, EV charging, hydrogen, retail and carbon capture…
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