Norwegian marine seismic data acquisition company PGS has started a multiclient 3D survey in the Sarawak Basin, Malaysia.The survey is being carried out on behalf of the seismic consortium comprising PGS, TGS, and WesternGeco, using the Ramform Sovereign vessel…
UK-based energy firm SSE Renewables has informed that marshalling operations for wind turbine parts are underway at Able Seaton Port in Hartlepool for what will be Scotland’s biggest, and the world’s deepest fixed bottom offshore wind farm – Seagreen…
Denmark's Ørsted on Wednesday reported third-quarter operating profit slightly below expectations as it said low wind speeds continued to hit earnings.'In most of Q3, we continued to see lower than normal wind speeds, which had an adverse impact on earnings from renewable assets in operation…
Vestas slashed its 2021 outlook for a second time this year in response to higher costs and supply constraints, sending its shares tumbling as much as 14% as the world's largest maker of wind turbines posted forecast-lagging quarterly profit…
The acquittal of Nigerian Emeka Obi and Italian Gianluca Di Nardo in a graft case in Nigeria involving Eni and Shell has become final after prosecutors said they would not appeal on behalf of the Nigerian government.In a decision seen by Reuters on Wednesday…
TotalEnergies, Iberdrola and Norsk Havvind have teamed up to respond to the Norwegian authorities' call for tenders for the development of floating and bottom-fixed wind projects for a cumulated capacity of 4.5 GW at two offshore sites in southern Norway…
Oil and gas company Cairn has sold its interest in the Catcher and Kraken oil fields in the UK North Sea to Waldorf Production.The proposed sale and purchase deal was first announced in March, and following the general meeting held on October 28…
Romanian state-owned gas producer Romgaz will pay up to $1.07 billion to Exxon Mobil for its 50% stake in a Black Sea offshore gas project, the company said.The other half of the long-delayed Neptun Deep offshore project is owned by Romanian OMV Petrom…
The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry…
Norwegian oil and gas company Aker BP has started production from the second phase of the Ærfugl field development in the Norwegian Sea. Karl Johnny Hersvik, Aker BP CEO said: 'Aker BP’s goal is to produce oil and gas with as low cost and emissions…
Guyana plans to auction new blocks for offshore oil exploration by the third quarter of 2022, Vice President Bharrat Jagdeo said late on Monday.A consortium led by Exxon Mobil is responsible for all output in Guyana, Latin America's new oil frontier…
Thai-based offshore services company Mermaid Subsea Services has signed a letter of intent with the offshore construction vessel Resiliant from Resiliant Offshore, a subsidiary of Swiber.The vessel - previously known as Swiber Conquest - is a pipelay and accommodation work barge…
Norwegian investment company Standard Drilling said Tuesday it had sold its 33.3% ownership in the VLCC Gustavia S, following the updated company strategy. Standard Drilling, which in 2013 sold off its offshore drilling rigs, only to return as offshore vessel owner in 2016…
Russia's Gazprom declined to book extra capacity to ship more gas to Europe at auctions on Tuesday, a step that would have helped ease prices in a market haunted by worries about Moscow's intentions.The Kremlin said Russia remains committed…
Offshore wind spending is closing the gap on oil and gas investments and is expected to surpass them in several important countries by 2030, with the U.S. to see the fastest growth in offshore wind investment, Norway's Rystad Energy said Monday…