Shell and Eneco have jointly submitted a bid in a zero-subsidy round of the tender to develop the Hollandse Kust (noord) offshore wind farm in the Dutch North Sea. The two companies are, through their CrossWind joint venture, competing with several other bidders including Ørsted, to develop a wind f
Noble Corporation saw its quarterly net loss deepen after being negatively affected by rig impairment charges amid lower demand as a result of the coronavirus pandemic and low oil prices.
Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2.5 billion but delivered a record-high production during the period.
Chairman of oil and gas company Cairn Energy has indicated that he will retire from the board of directors.
Maersk Supply Services, a Danish offshore supply vessel provider, has decided to reduce its onshore organization due to challenging oil and gas market situation. In response to the negative development in the oil and gas industry, Maersk Supply Service said on Wednesday that it would reduce its onsh
Norfolk & Suffolk Unlimited is looking to export its supply chain expertise to the U.S. offshore wind market. A preliminary online event organized with the City of Virginia Beach saw 20 local businesses meet with operators and developers involved in the 2.6 GW Coastal Virginia Offshore Wind (CVOW) p
Saipem has signed a memorandum of understanding with Cassa Depositi e Prestiti to jointly evaluate the launch of innovative and sustainable projects aimed at promoting the energy transition in Italy and abroad. The initiatives, focused on decarbonisation, circular economy and energy efficiency, will
Primo Marine has been hired by NeuConnect to assist with the Offshore Permit Application for the 1.4 GW interconnector between Germany and the United Kingdom. The scope entails work like assistance to the Marine Permit Application, Route Engineering, Burial Assessment, Seabed Mobility Studies and Ma
Aker BP sank to a net loss in the first quarter of the year after being hit by impairments due to a significant decline in oil and gas prices.
Oilfield services provider Petrofac has secured contract renewals in the UK totalling $100 million.
Van Oord is set to start its offshore operations at the French Saint-Brieuc offshore wind farm in 2021 with the installation of pin piles. The Dutch company will use its installation vessel Aeolus, which will in 2022 be assisted by a second vessel to install the jackets foundations. In April, Van Oo
Although the first quarter of this year was characterised by weak spot rates in dry cargo and strong spot rates in tankers, Danish shipping company Dampskibsselskabet Norden A/S delivered an adjusted result of $29 million, compared to $7 million seen in Q1 2019.
Norwegian energy giant and LNG operator Equinor will be closing its Hammerfest liquefied natural gas export plant as part of planned maintenance in May. Equinor will shut down the liquefaction facility located on Melkøya Island for two weeks starting in the second half of this month. The closure of
Vattenfall has introduced several upgrades to the design of the Vesterhav Syd and Vesterhav Nord nearshore wind farms in Denmark to reduce their visual and environmental impact. The two wind farms will, if approved, feature a radar system that will turn the light markings on the turbines at night on
