Shares of energy services firm Baker Hughes slipped on Wednesday after reporting second-quarter results that fell short of Wall Street estimates as it shifts its business to technology and services that help customers transition to a lower-carbon world…
Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal…
TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…
Japan's JFE Engineering Corporation is set to build a factory for the construction of monopile foundations and transition pieces for the offshore wind industry. The company also has plans to build jacket-type foundations in the future.'The monopile…
Norway's oil production lagged official expectations in June, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.NPD cited technical problems and maintenance outages as reasons for the lower-than-expected production…
Iberdrola is looking to new markets to help fuel growth and could even consider spinning off its offshore wind business to raise funds, the global wind power group said on Wednesday.In first-half results, Europe's biggest wind power group said…
Shares in Woodside Petroleum fell on Wednesday after an unsourced media report said Australia's top independent gas producer was in talks to buy some or all of BHP Group's oil and gas assets, analysts and an investor said.Woodside shares ended down 2 cents in a broader market that rose 0…
London-listed oil and gas Harbour Energy has hit a snag with the start-up of its Tolmount offshore gas field in the UK North Sea, as electrical systems issues were found during the testing of the recently delivered offshore platform. The start-up…
Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…
Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.The Houston, Texas-based company reported a 33…
Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG. The Hilli Episeyo FLNG…
Apollo Global Management has recently informed that certain funds managed by its affiliates have signed an exclusive agreement to invest in the Arthur Kill Terminal project, dubbed a major offshore wind energy staging and assembly port under development in Staten Island…
A solar energy company has sued the Department of the Interior over its approval of the nation's first major offshore wind farm, alleging that the project off the coast of Massachusetts threatens the area's fishing industry and imperiled marine life…
Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible…
The U.S. energy sector lost 10% of its workforce last year due to the effects of the coronavirus pandemic, according to a report unveiled on Monday by U.S. government officials, who said President Joe Biden's clean energy plan was critical to reviving the industry…
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