ExxonMobil doubled its quarterly earnings and booked a significant increase in revenues when compared to the last year’s quarter.
Ørsted now expects costs to reinstate the integrity of inter-array cables affected by cable protection issues at some of the company’s offshore wind farms to amount to up to DKK 1.3 billion (around EUR 175 million) and not up to DKK 3 billion as initially anticipated. As reported, Ørsted discovered
A Dublin-headquartered company has made an application to Ofgem for a licence that would allow it to participate in the operation of a new subsea and underground electricity interconnector.
Malaysian Petronas and Thailand’s PTTEP have both decided to withdraw from the Yetagun field located offshore Myanmar.
The U.S. Department of Energy (DOE) has increased Magnolia LNG’s authorization to export an additional 0.8 million MTPA of LNG.
AW-Energy’s WaveRoller wave energy technology has been re-validated with the ‘Solar Impulse Efficient Solution’ label following an assessment performed by external independent experts and based on verified standards.
Oil major Chevron booked a significant increase in its quarterly earnings and revenues driven by higher oil and gas prices.
Xlinks is in discussion with the UK Government about Contract for Difference (CfD) support for the planned interconnector between Morocco and the UK. According to Xlinks, the power project will be capable of supplying 8% of Great Britain’s electricity needs at £48/MWh for 25 years under the current
The Fourth Construction, a unit of CNCEC, has signed an EPCF deal with Daewoo Gas to build a new LNG terminal in Pakistan.
Belgian ports of Antwerp and Zeebrugge will from now on continue their growth trajectory under one name — Port of Antwerp-Bruges.
Carnegie Clean Energy has made significant progress on EuropeWave project as its starts building the equipment for wave tank testing of the new design for its CETO wave energy device.
Offshore construction work has now officially started on what will become the world’s largest offshore wind farm with the installation of the first length of the HVDC export cable off the Yorkshire coast. NKT has commenced work on the laying of the nearshore cable for Dogger Bank A, the first of the
Van Oord, a Rotterdam based dredging and marine construction company, has ended the last year with an optimistic outlook for its markets. “In 2021, we saw a recovery of the global economy, noticing the first effects in the summer. In our offshore and dredging activities, in particular, a market reco
The UK’s first e-marine hub of shore-side charging facilities for electric maritime vessels, created through the Marine e-Charging Living Lab (MeLL) initiative, has been unveiled in Plymouth.
