Oilfield services company Baker Hughes has appointed Nancy Buese as Chief Financial Officer effective November 2, 2022. 'Buese brings more than 30 years of financial and leadership experience to the role, previously serving as EVP & CFO of…
Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges relating to the oilfield services provider's latest reorganization. The company during the recent…
The U.S. Department of Energy is seeking input on research needs related to floating offshore wind energy mooring and anchoring systems. For this, DOE's Wind Energy Technologies Office (WETO) has issued a Request for Information (RFI).Apart from input on research priorities…
Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…
President Joe Biden's administration on Tuesday said it would hold the first-ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters.The…
Oilfield service firms are poised to deliver the strongest third-quarter results in years as demand for equipment and services has risen despite supply chain snags and higher costs from inflation, according to analyst forecasts.Schlumberger…
Norwegian energy giant Equinor said Monday that Molly Morris would take over as the new President of Equinor Wind US, effective January 1, 2023, succeeding Siri Espedal Kindem, 'who will take on a new exciting opportunity within Equinor.'Morris…
Offshore installation firm DEME Offshore has signed a contract with Sequalize to deploy its HC1100 active heave compensator on the first commercial scale wind farm installation project in the USA, Vineyard Wind, to transfer wind turbine components to and from heaving supply vessels…
Prosafe has signed a firm contract with an unnamed major oil and gas company to provide accommodation services using the Safe Concordia semi-submersible rig in the U.S. Gulf of Mexico.The contract has a firm length of 330 days, with options for up to 6 months…
Hibernia Management and Development Company Ltd. (HMDC), the operator of the Hibernia platform in the Atlantic Ocean offshore Canada, has reported that a near-miss incident occurred on the platform on October 5, 2022.According to HMDC, as reported to safety regulator CNLOPB…
Pemex did not inform Mexico's environmental regulator of a methane leak from a key offshore oilfield in December, according to the state oil company's response to a freedom of information request, which confirmed an earlier Reuters report that the regulator had no record of the incident…
U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables…
French offshore cable-making and installation company Nexans has signed a firm contract to supply offshore wind export cables for phase one of the Empire Wind offshore wind project in the U.S., being developed by a 50-50 partnership between Equinor and BP…
Canada has released draft guidelines on how new oil and gas projects should demonstrate 'best-in-class' greenhouse gas emissions performance, following up on a government announcement first made in April.The guidance, released late on Tuesday…
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem…
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