Ocean Power Technologies, Inc. (OPT) said Thursday that Enel Green Power (EGP) has deployed OPT's PB3 PowerBuoy off the coast of Las Cruces, Chile to support the country’s transition to clean energy.OPT’s PB3 PowerBuoy converts wave motion into…
Aberdeen-based well management company Zenith Energy has won a multi-year contract with Australian oil and gas firm Woodside Energy in Senegal.The agreement is for the provision of drilling and completion engineering and ad-hoc support services…
Norwegian oil and gas firm Equinor is on track to have over 35% of its total oil and gas production base by 2025 powered from shore, GlobalData, a data and analytics company said Thursday, citing Equinor's active and upcoming electrification projects across the Norwegian Continental Shelf…
CGX Resources, an oil and gas company with offshore blocks in Guyana, has awarded Maersk Drilling a one-well rig contract.The Danish offshore drilling contractor said Thursday that CGX would use its semi-submersible drilling rig Maersk Discoverer…
China's national offshore oil and gas producer CNOOC Ltd reported on Thursday its first-quarter revenue surged 21% on year on recovering oil and gas prices and higher sales.Revenue was 48.34 billion yuan ($7.45 billion) over the January-March period…
Norwegian offshore shipowner Havila Shipping has won a contract with Equinor for one of its platform supply vessels.The company said Thursday the PSV Havila Clipper would start working rot the Norwegian oil giant in direct continuation of the existing contract…
Oil and gas company Neptune Energy has started drilling production wells on the Duva field in the Norwegian sector of the North Sea.Neptune is using the Deepsea Yantai a semi-submersible rig operated by Odfjell Drilling to drill four production well on the Duva field…
Norway's Aker Solutions has completed the first part of the construction of concrete foundations for what will be the world's largest floating wind farm - Equinor's Hywind Tampen.The first part of the construction was finalized this week at Aker Solutions’ yard in Stord…
Wind farm developer Ørsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world's first energy island in the North Sea.The artificial island, which will produce and store enough green energy to cover the electricity needs of 3 million European households…
Ireland-based oil and gas firm Providence Resources has terminated the farm-out agreement with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.Providence, with its partner Lansdowne, had in November…
Australian gas producer Santos Ltd on Thursday posted a 9.2% rise in first-quarter revenue, helped by firmer commodity markets as global economies recover from last year's pandemic lows, and forecast stronger liquefied natural gas (LNG) prices for the second quarter…
U.S. offshore wind developer Atlantic Shores Offshore Wind will next month launch two buoys that will collect critical atmospheric and weather data, and track the migration of species of birds, fish, turtles and other animals that have been nanotagged by researchers…
Rhode Island-based owner and operator of crew transfer vessels (CTV) Atlantic Wind Transfers (AWT) has engaged classification society DNV for the company’s integrated Management System Certification as it seeks to scale up in the U.S. offshore wind industry…
Kishorn Port's proposal to extend the port’s dry dock has received approval from The Highland Council.'This is a further and significant step in the regeneration of the port and dry dock,' Kishorn Port, located on the North West coast of Scotland…
Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141 in swamp/shallow waters offshore Nigeria, has entered into a non-binding collaboration agreement with OES Energy Services Limited ('OES')…