Giant oilfield services provider Schlumberger is cutting around 21,000 jobs as a response to one of the most challenging quarters in over a decade.
Ørsted plans to officially commission the 752 MW Borssele 1 and 2 wind farm in the Dutch North Sea on 5 October, barring any negative effects from the COVID-19 pandemic. The wind farm comprises 94 Siemens Gamesa’s wind turbines, over two-thirds of which have now been installed at the site located 22
The Dutch Marine Energy Centre (DMEC) has joined forces with the European Space Agency (ESA) to accelerate marine energy solutions. The partnership will explore the added value of space tech and data in the development of marine energy. It can play a key role in the acceleration of marine energy sol
The boulder picking operations have begun at the export cable route of the Moray East offshore wind project in Scotland. The boulder picking work started on 24 July using Olympic Triton, while the export cable laying and trenching operations are set to begin circa 28 July. NKT Victoria will be layin
The Republic of Cyprus has recently issued the final building permit for EuroAsia Interconnector between Israel, Cyprus and Greece (Crete). Specifically, the relevant permit provides the green light for the construction of the HVDC converter station in Cyprus. In March this year, EuroAsia Interconne
The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals.
France-based Total said Tuesday it has delivered its first LNG cargo to Chinese state-owned utility Guangdong Energy at Cnooc’s Zhuhai import terminal in Guangdong. Guangdong Energy is the largest power generation company in the southern Chinese province, with more than 32 GW installed. “We are full
Spanish LNG terminal operator Enagas reported a 9.4 percent profit rise in the first half as its regasification plants continued to operate as usual during the Covid-19 pandemic. The company said profit after tax in the January-June period increased to 236.3 million euros ($276.9 million). This comp
The British Ports Association (BPA) is today launching a major new review of UK port connectivity.
Eni has successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession in the Mediterranean Sea, in the conventional Egyptian waters of the Nile Delta.
The leaders of the three Scottish island councils recently welcomed the Scottish and UK governments’ award of £100 million in funding as part of the Islands Growth Deal. The money goes to Orkney, Shetland and the Western Isles. The multimillion pound deal will provide investment for local projects a
State-owned Pakistan LNG noted that Azerbaijan’s SOCAR placed the lowest bid to supply a spot LNG cargo in late August.
Port management company International Container Terminal Services, Inc. (ICTSI) has signed a concession contract with the Port Autonome de Kribi (PAK) for the development, operation and maintenance of the Kribi Multipurpose Terminal (KMT) in Cameroon.
GMS has completed its first well intervention workscope using the company’s cantilever workover system, installed on the self-propelled vessel GMS Evolution.
