UK oil and gas company Baron Oil has decided to surrender the UK license P2478 to North Sea Transition Authority (NSTA) following delays with the acquisition of 3D seismic data for the block, located in the Inner Moray Firth area of the North Sea…
The Dutch government on Thursday said it had received multiple bids in a tender to build an offshore wind farm in the Dutch part of the North Sea with a total capacity of 4 GW.The government said it expected to announce the winning bid in June…
A project to transform the Port Talbot into a major hub for floating offshore wind (FLOW) and green energy development has come one step closer to securing a share of up to $200 million (£160 million) of UK Government funding.The UK Government…
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil and gas rig count…
Subsea7's renewables-focused offshore installation subsidiary Seaway7 has secured a ‘sizeable contract’ by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 offshore wind farm in Poland…
TotalEnergies has informed that the restart of production from the Tyra facilities is progressing according to plan, with the first gas expected to be exported to the Danish market from the new Tyra II system on March 28, 2024.TotalEnergies…
Vattenfall has decided to enter a bid for the sites, Alpha and Beta, of the Dutch IJmuiden Ver offshore wind tender.IJmuiden Ver consists of two sites, each with a 2 GW capacity. Plans for site Alpha focus on biodiversity criteria, while Beta is focused on system integration…
Australian oil and gas company Beach Energy has set out plans to lay off 30% of workforce across its business as part of a comprehensive strategic review which aims to deliver increasing returns to shareholders and increase efficiency.The first…
Ocean Infinity signed a global framework agreement (GFA) with Shell to provide its robotic fleet for servicing the offshore energy sector.The GFA marks a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services…
British North Sea-focused oil producer EnQuest narrowed its annual loss to $30.8 million last year, down from a $41.2 million loss in 2022, it said on Thursday.The company also announced its first shareholder return in the form of a $15 million share buyback this year…
Oilfield services firm Petrofac has secured a contract extension with ONEgas West, a joint venture operated by Shell and Nederlandse Aardolie Maatschappij (NAM).The two-year brownfield Engineering, Procurement and Construction (EPC) contract award extends the previous three-year contract…
Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) have signed a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SBMT).The revitalized SBMT will play a…
Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year…
Bureau Veritas has issued the world’s first prototype certification for a floating offshore solar technology to the Dutch-Norwegian renewable energy company SolarDuck for its 0.5 MW pilot platform Merganser.The certification represents a significant…
Vattenfall has completed the sale of the Norfolk Offshore Wind Zone to RWE, with the agreed purchase price corresponding to an enterprise value of $1.21 billion (£963 million). The deal ensures continued development of the Norfolk Zone which…
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