Neptune Energy expects its full-year production to be impacted by the closure of the Equinor-operated Hammerfest LNG plant following a recent fire incident.
An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.
THREE60 ENERGY has won a multi-million-pound contract to deliver Duty Holder services for DNO’s two assets in the UK continental shelf.
Ocean Power Technologies (OPT) has been contracted for a feasibility study into using its PB3 PowerBuoy offshore 5G communications solution with unmanned and robotic systems.
BP on Tuesday reported a small profit for the third quarter of 2020 compared to a huge loss in the prior quarter and a profit in the third quarter of 2019.
Australia’s Palaszczuk Government has announced plans to invest AU$21 million ($14.9 million) over two years to revitalise Queensland’s shipping industry.
Saudi Arabia’s Bahri, the world’s largest owner and operator of very large crude carriers (VLCCs), closed the third quarter of this year with a 114% rise in its net profit that was attributed to improvement in operations.
Gavin and Doherty Geosolutions (GDG) is undertaking the concept foundation design for the first 200 MW of Phase 1 of the Phu Cuong Soc Trang offshore wind farm in Vietnam. As part of the study, GDG said it had undertaken an initial foundation screening and option assessment, followed by a more detai
Aker Offshore Wind and Aker BP have agreed to cooperate on realizing offshore wind in Norway at large scale, as well as accelerating the process of decarbonizing oil & gas assets. The parties plan to collaborate on concepts for the development of large offshore wind farms to enable effective offtake
The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar
Offshore Energy and Navingo Career Event have kicked off this morning with an opening session streamed live from the RAI in Amsterdam, the Netherlands. This year’s event has a somewhat different feel as the program is being live-streamed in a completely digital setting. Providing more details on wha
Prosafe has been awarded a contract by ConocoPhillips to provide accommodation support on the Ekofisk field located offshore Norway.
Offshore drilling contractor Awilco Drilling is preparing for cost-cutting measures amid a challenging environment in the offshore drilling market.
Norwegian floating solar specialist Ocean Sun has been admitted to trading on Merkur Market, operated by the Oslo Stock Exchange.
