Independent renewable power producer Qair and the Republic of Seychelles’ Public Utilities Corporation (PUC) have signed a power purchase agreement (PPA) for a 5.8MWp floating solar project, the first in the history of the Seychelles.
The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).
Greek cable manufacturer Hellenic Cables has been selected by the European Commission to take part in delivering the Infinite project aimed at accelerating industrial-scale floating wind. The Infinite project includes the deployment and testing of a 4.8 MW floating wind pilot system at a 100-meter w
American consumers are set to be hurt and “become increasingly poorer” with the further production cuts announced by the Organization of the Petroleum Exporting Counties (OPEC+) that will lead to oil prices jumping by more than $4 a barrel, the Consumer Energy Alliance (CEA) announced. As a response
Vermilion has closed the acquisition of Equinor’s subsidiary in Ireland, increasing its operated interest in a natural gas field off Ireland.
Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.
Offshore drilling contractor Seadrill has completed the acquisition of Aquadrill, formerly known as Seadrill Partners.
Petrobras has kicked off the contracting process for the chartering of two FPSOs, which will be deployed at deepwater assets off Brazil.
Türkiye is putting the wheels into motion to achieve the first gas from a giant natural gas project in the Black Sea in less than three weeks.
Eco Wave Power has entered into an official power purchase agreement (PPA) with the Israeli National Electric Company (IEC) for the newly installed wave energy project at the Port of Jaffa in Tel Aviv.
Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.
Marine construction and operations contractor Ocean Installer and energy technology company Baker Hughes have formalized an alliance to deliver an integrated subsea engineering solution said to provide efficiencies from project appraisal through to operations. The new global agreement is expected to
McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and
Fortescue Future Industries (FFI), a global green energy company, has secured renewable power for its proposed Holmaneset green energy project by entering into a long-term power purchase agreement (PPA) with Statkraft, a supplier of renewable energy. Under the conditional agreement, Statkraft is exp
