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.
Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.
Green hydrogen production company Hy2gen has commissioned engineering and technology company Technip Energies to complete a pre-FEED study for its renewable hydrogen and renewable ammonia project, named Courant, located in Baie Comeau, Quebec, Canada. The pre-FEED phase for the project started at th
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
James Fisher Subtech has signed a charter agreement with Olympic Subsea for the exclusive use and operation of the multipurpose offshore vessel Olympic Taurus. Olympic Taurus has already been mobilized for work from Montrose Port, Aberdeenshire, and fitted with a work-class remotely operated vehicle
Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.
Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.
BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.
SBM Offshore has completed the project financing of an FPSO, which is destined to work at the Búzios field off Brazil, for a total of $1.63 billion.
BW Energy has wrapped up the drilling and completion operations at the first well in in its multi-well drilling campaign offshore Gabon.
Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments.
The NeuConnect energy link that will connect Germany and the UK for the first time is a “key project” and highlights how closely the two countries are working together to make their economies climate-neutral, German President Frank-Walter Steinmeier said during the visit of UK’s King Charles III to
The latest oil and gas lease sale for acreage in federal waters in the Gulf of Mexico gathered nearly $264 million in high bids.
Ørsted has awarded NKT with a supply contract for the delivery of the high-voltage DC on- and offshore export cable system for the Hornsea 3 wind farm offshore the UK. For NKT, the final order has an estimated contract value of approximately €500 million in market prices. The contract will comprise
