Dutch offshore and marine services firm Boskalis said its Offshore Energy division saw its revenue increase by 50%, with an EBITDA increase of almost 70% in the first half of 2023.All business units within the Offshore Energy branch saw increases in both revenue and earnings…
Norway-based marine seismic survey services firm PGS has entered a one-year strategic collaboration with ocean bottom node seismic operations specialist inApril for the hybrid towed streamer and ocean bottom node market.'The strategic collaboration…
Norwegian oil company Equinor has discovered oil and gas in the North Sea, 130 kilometers northwest of Bergen, Norway, while drilling wells 35/11-26 S and 35/11-26 A.According to Equinor, this is the ninth successful well in this area in 12 attempts since 2019…
Norway-based subsea services company Reach Subsea said Thursday it had received a notice of contract award, subject to successful contract negotiation, from an unnamed 'major European energy provider.'The potential contract has a duration of…
The Netherlands' highest court on Wednesday ruled that construction of a major carbon capture project in the Rotterdam port area can go ahead, despite objections by environmental activists.The planned 'Porthos' project would be Europe's largest carbon capture…
Global Wind Projects, a provider of onshore wind turbine crane and installation services, has started work on its first offshore wind project.The company recently won a contract with Neart na Gaoithe offshore wind farm Tier 1 contractor Siemens Gamesa to provide cranes…
Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker crown currency, a national statistics office (SSB) survey showed on Thursday…
Swedish offshore wind developer OX2 said its offshore wind farm Triton off the southern coast of Sweden had received a Natura 2000 permit. In June the County Administrative Board finalized its handling by suggesting the government grant Triton…
Oil major BP has completed the installation of the 19,600-tonne topsides of the $6 billion Azeri Central East (ACE) project platform onto a jacket in the Caspian Sea, offshore Azerbaijan.Constructed by Azfen in the Bayil fabrication yard, the…
German oil and gas company Wintershall Dea has been awarded a new license - the Camelot - by the UK North Sea Transition Authority (NSTA) to store CO2 under the seabed. The license is for the Camelot area, which is a combination of depleted gas fields and an overlying saline aquifer…
Norway-based firm Nymo will build advanced equipment for a new platform on the Aker BP-operated Valhall field in the North Sea, off Norway.According to Aker BP, the scope of work ensures high activity, triples the number of apprentices and ensures…
Danish power cable maker NKT has won a contract to design and produce the offshore export power cable system for the Polish offshore wind project Baltic Power.'The project is important for the transition to renewable energy in Poland and the…
Norway will narrowly avoid a power deficit the next five years despite few production additions, as the last two years' high prices led to more permanent demand cuts, the Norwegian Water Resources and Energy Directorate (NVE) predicted on Monday…
Private equity firm Endless has acquired the Aberdeen-based logistics and materials management firm ASCO. ASCO supports the energy industry with solutions for their logistics and material management requirements with stevedoring, environmental services…
The Danish Energy Agency has postponed the second tender round for offshore licenses for the exploration and use of the subsoil for the geological storage of CO2 in the North Sea.The tender was set to open on August 15th 2023 according to the executive order on CO2 storage license tenders…
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