Coronavirus vaccines are expected to boost international passenger transportation and oil consumption, but the first significant impact will not be felt until well into the second half of 2021, based on futures price movements on Monday.Brent…
Dutch offshore installation services firm Heerema Marine Contractors has installed one of the world's smallest offshore gas platforms using its Sleipnir semi-submersible crane vessel - which is the world's largest - in the Dutch sector of the North Sea…
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain. An October 22 webinar presented by World Energy Reports, Ørsted and American Bureau of Shipping (ABS) will deliver insights on the current progress…
Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…
The world's largest offshore wind turbine in operation, GE's Haliade-X prototype, has been upgraded, or 'uprated' and is now operating at a 13 MW power output.The Haliade-X wind turbine prototype has been spinning in Rotterdam since November 2019…
Offshore wind farm installation company Cadeler, until recently known as Swire Blue Ocean, has signed a contract with the Belgian offshore contractor Deme to supply a vessel for an installation campaign in the UK.Cadeler will be sending its…
Spanish green energy company Iberdrola reported 4.7% net profit growth for the first nine months on Wednesday and said it still expected that metric to rise at a mid to high-single digit rate this year.Boasting more than 32GW of renewable generation capacity in markets including Spain…
Norwegian energy firm Equinor said on Tuesday it had submitted two bids in New York's second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in the United States.Equinor said it was bidding for two projects off the U…
Dutch offshore installation contractor Heerema Marine Contractors has installed two jackets for wind farm developer Ørsted. The jackets will provide the foundation for the Hornsea 2 offshore wind farm’s RCS and OSS platforms.Heerema used its…
Dutch marine and offshore services contractor Van Oord has become a shareholder in Saare Wind Energy, a company developing the Saaremaa offshore wind farm in Estonia.'The collaboration with Van Oord allows Saare Wind Energy to intensify the development process for this offshore wind farm…
Oilfield services firm Weatherford has said it has helped an unnamed U.S. Gulf of Mexico operator achieve 'an industry first.'Weatherford said that its Shallow Angle QuickCut System successfully achieved the industry’s first 12 ¼-in. casing sidetrack…
Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…
Up to a quarter of the active floating drilling rig fleet - drillship and semi-submersibles - could be scrapped, as the demand, which had never recovered from the previous downturn, is now expected to remain under pressure 'until 2022,' Rystad Energy…
Turkey's navy has issued an advisory late Sunday saying that the Turkish ship Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a step likely to revive tensions with NATO ally Greece.Two other vessels…
Golar LNG said on Monday Hygo Energy Transition Ltd, a joint venture between Golar and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed Paul Hanrahan as chief executive officer after Eduardo Antonello stepped down, following a corruption investigation in Brazil…
Subscribe
