EnergyPathways has applied for a gas storage license covering the natural gas and hydrogen storage components of its MESH energy project in the East Irish Sea, expanding the area targeted for salt cavern development nearly fourfold.The company…
Offshore drilling contractor Odfjell Drilling has received confirmation from Aker BP that it will extend the firm contract period for use of the Deepsea Nordkapp semi-submersible rig by one year.With this signed confirmation, the Deepsea Nordkapp extends its firm contract backlog to the end of 2027…
Nordsee One has signed a five-year power purchase agreement (PPA) with Shell Energy Europe covering around one-third of the annual output from the 332 MW Nordsee One offshore wind farm.The agreement will start in June 2027. Part of the renewable…
Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations for the Harvey H. Ward jack-up rig in the Middle East.The rig’s operations were previously suspended by Aramco, effective September 2024…
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters…
MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit.SOFEC, known for its permanent mooring systems and fluid transfer technologies…
Saipem has launched the LiSa Hyper Harness, a smart safety harness equipped with sensors and artificial intelligence designed to enhance worker safety during operations at height.The device monitors how workers connect to fall protection systems…
Eneos Holdings, Japan's top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project, with its CEO saying returns were difficult to achieve.Eneos unit, Japan Renewable Energy…
Danish renewable energy group Ørsted has achieved a 98% reduction in carbon emissions, completing what it called the world’s first full green transformation of an energy company as world leaders gather for COP30 climate talks in Brazil.The milestone…
DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million…
Porto Central Complexo Industrial Portuário and M.A.R.S. Europe have signed an amendment to their memorandum of understanding that extends their ongoing collaboration on a ship decommissioning and recycling yard in Brazil. The amendment extends…
DOF Group ASA ('DOF') is pleased to announce that three PLSVs (pipelay support vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%) have secured contract extensions with Petrobras in Brazil.Skandi Vitória and Skandi…
The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and certification society ClassNK have signed a memorandum of understanding (MoU) to explore technology development cooperation in the field of floating offshore wind…
Shell beat third-quarter profit forecasts on Thursday, helped by strong results from its gas division, and said it would maintain the pace of its share buyback programme at $3.5 billion over the next three months.The oil major said adjusted earnings…
Offshore engineering and subsea services firm Acteon and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic memorandum of understanding (MoU) to jointly deliver renewable energy projects across the region.The…
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