It certainly has been an active few months in the U.S. offshore wind space.Despite some ongoing issues, the fundamentals are looking surprisingly positive in the context of what has taken place over the last 12 months. In fact, the key concern…
U.S.-based oilfield services provider Expro has completed a five-well subsea job in Australia, marking also a milestone in using its SeaCure cementing technology.Expro completed the 100th SeaCure as part of a project in Australia consisting of a five-well subsea batch campaign…
U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by one to 604 in the week to May 17…
North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election.The change of strategy could accelerate the decline of domestic production…
The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024.Brazilian oil and gas company…
AV Dawson, owner and operator of Port of Middlesbrough, has signed a 10-year partnership agreement with Italian offshore cable manufacturer Prysmian. Prysmian first started using Port of Middlesbrough 10 years ago. Over the years, as the offshore…
Gulfstream LNG Development (Gulfstream LNG), a greenfield liquefied natural gas (LNG) export project under development in Louisiana, has received the U.S. Federal Energy Regulatory Commission (FERC) approval to start the pre-filing permitting process…
UK-based oil firm Serica Energy has received final approval from the North Sea Transition Authority (NSTA) to develop its fully owned and operated Belinda field in the North Sea.The field will be tied back to the Triton FPSO following the drilling…
The incoming Dutch government said on Thursday it will aim to expand offshore natural gas extraction and nuclear energy production as part of plans to reduce the Netherlands' dependence on 'unreliable countries.'In its draft coalition pact,…
Europe's largest utility Iberdrola will keep betting on offshore wind in the coming years, roughly tripling the value of its assets in the sector to 17 billion euros ($18 billion), Executive Chairman Ignacio Sanchez Galan told shareholders on Friday…
Boskalis has installed the first XXL monopile foundation for Ørsted's Revolution Wind offshore wind farm using its crane vessel Bokalift 2.Boskalis will install 66 more XXL monopiles and two offshore substations for the 704 MW project.The company…
Norway's $1.6 trillion sovereign wealth fund urged Shell on Friday to give investors more information about its revised climate targets, but said it would not back a call by a group of 27 shareholders for the oil company to strengthen those targets…
Offshore installation services company Jan De Nul has ordered another XL cable laying vessel (CLV), identical to the Fleeming Jenkin, which boasts ‘unrivalled cable-carrying capacity’.Like the Fleeming Jenkin, the vessel will be 215 meters long and can transport 28…
Sif and Dillinger have strengthened their collaboration which aims to make offshore wind monopiles fully circular by signing several agreements which relate to securing low-emission steel plates for the foundations, developing decommissioning process for such infrastructure…
Australian oil and gas explorer Carnarvon Energy is seeking a buyer for the company or its assets, including its share in the Dorado oil field co-owned with local producer Santos, a document prepared by adviser JPMorgan showed.The company's strategic review…
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