In response to Russia’s attack on Ukraine, the U.S. and 30 countries have committed to releasing 60 million barrels of oil from strategic reserves.
The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the Baltic Pipe project, allowing Energinet to restart construction on parts that have been on pause since spring last year. Construction on parts of the project in the eastern part of the Jutland peninsula a
Survey vessel Geo Ranger is set to begin a geophysical pre-lay survey along the export cable corridor at the Dogger Bank A offshore wind project in mid-March. The activities are planned to begin on 13 March and end on approximately 18 March. They will be carried out on a continuous basis, 24 hours a
Vaalco’s activities offshore Gabon, which are related to field reconfiguration and replacement of an FPSO with an FSO, are still on schedule.
Shell has joined BP and Equinor in a decision to exit Russia-related businesses following Russia’s attack on Ukraine.
The California Air Resources Board has reached a settlement agreement with Wan Hai Lines (USA), part of Taiwanese shipping company Wan Hai Lines, for $680,750 for violations of the Ocean-Going Vessels At-Berth Regulation.
U.S. energy major Chevron will acquire the outstanding shares of renewable fuels firm Renewable Energy Group for $3.15 billion in cash.
Jan De Nul has awarded Correll Group with a contract for the replacement of an inter-array cable at the Princess Amalia offshore wind farm in the Netherlands. According to Correll, this is a turnkey project using the company’s termination, testing and cable pull-in services. “We are delighted to hav
Swedish-Israeli wave energy company Eco Wave Power has released its financial report for 2021, showing a wider net loss, but also an increase in revenues when compared to a year before.
Talos has joined forces with the U.S. Port of Corpus Christi Authority and HEP to pursue CCS opportunities at the Port of Corpus Christi.
The UK’s underwater industry will create an estimated 180,000 new jobs and around £20 billion or more in exports by 2035, according to the Global Underwater Hub (GUH). GUH’s recent survey of the sector revealed that almost 90% of subsea companies expect to recruit in the next 12 months, with a longe
Malaysian FPSO operator Yinson has decided to review its business with an intention to unlock the value of its offshore production segment.
Serica has stopped production from a field located in the UK North Sea for repair and replacement following a subsea control module issue.
Peterson has inked a new contract with Shell for the provision of integrated logistics across energy major’s Southern North Sea assets.
