Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.
Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating pl
Floatel International will book impairments of nearly $400 million for the second quarter of the year due to impairments of its vessels made amid challenging market situation.
Norwegian oil major Equinor has received safety consent from the country’s offshore safety watchdog to use the Maersk Intrepid jack-up rig on the Martin Linge field offshore Norway.
Equinor has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.
Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.
German energy company EnBW’s Renewable Energies segment more than doubled its operating result in the first six months of 2020, mainly due to the Hohe See and Albatros offshore wind farms coming into operation. The company’s renewables segment reported an operating result (adjusted EBITDA) of € 426
Fugro has begun its shallow water campaign for the 2Africa subsea fibre-optic cable project. Once installed, it will connect 23 countries in Africa, the Middle East and Europe and deliver more than the total combined capacity of all subsea data cables serving Africa today. Fugro is supporting the pr
Cyprus-based dry bulk vessel owner Castor Maritime has entered into an agreement to purchase a 2010 Japan-built bulker.
Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis.
A geotechnical survey will be carried out in the Irish Sea to provide site investigation information to facilitate the development of the Arklow Bank Wind Park. Weather depending, survey work should start in either late August or early September 2020 and wrap up by the end of November 2020. The loca
The 759 MW Hollandse Kust (noord) offshore wind farm will include five technology demonstrations that could be implemented at full-scale in the future, CrossWind, the consortium developing the wind farm, said. These include a floating solar park, short-term battery storage, wind turbines that are op
The CrossWind consortium has opted for Siemens Gamesa’s SG 11.0-200 DD wind turbines for the 759 MW Hollandse Kust (noord) wind farm in the Dutch North Sea. According to the winning bid submitted by the consortium of Shell and Eneco, the wind farm will feature 69 Siemens Gamesa wind turbines, the Du
Swedish marine energy developer Minesto has seen another setback on its tidal energy project in Vestmannasund, Faroe Islands. During the initial commissioning phase of its DG100 tidal energy converter, a mechanical failure occurred in the powerplant’s mooring interface and denied further operations.
