The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in
CWind Taiwan has signed an exclusive cooperation agreement with E&Y Electronics, a Taiwanese power cable service provider specialised in cable testing and termination, to develop its cable maintenance services in the Taiwanese offshore wind market. The services under the cooperation agreement includ
The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline, as the Trump administration sought to raise pressure on the project on its last day in office.
Two Fieldwood Energy workers have been indicted for allegedly allowing crude oil spills from Gulf of Mexico platforms to avoid shutdowns.
U.S. oil company Occidental Petroleum claims that it is doing more than American electric vehicle and clean energy company Tesla to reduce greenhouse gas emissions.
Cruise major Royal Caribbean Group has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a New York-based private equity firm.
Ørsted has taken a final investment decision (FID) on the H2RES green hydrogen demonstration project in Denmark and expects first hydrogen production in late 2021. The project, to be built at Avedøre Holme in Copenhagen, will comprise a 2 MW electrolysis plant with appurtenant hydrogen storage, with
FAR Limited has executed a sale and purchase agreement with Woodside related to the sale of FAR’s interest in the Senegal RSSD Project.
Partners in Israel’s largest natural gas fields Leviathan and Tamar will invest in new pipeline system to export the fuel to Egypt. Chevron, as the operator of both gas fields, has entered into an agreement with Israel Natural Gas Lines (INGL) for the provision of transmission services of natural ga
Halliburton booked a loss in 4Q 2020. While the loss is bigger compared to 3Q 2020, it is significantly smaller in a year-over-year comparison.
Australian energy consultancy EnergyQuest expects the country’s LNG exports to jump after a strong performance in December.
Partners in the exploration block SS-11, located offshore Bangladesh, have decided to relinquish their interests in the block, according to KrisEnergy.
Offshore vessel provider Island Offshore now has three hybrid platform supply vessels (PSVs) in service for Lundin Energy in Norway.
The European Marine Energy Centre (EMEC) is looking to contract a marine energy technology developer to act as an external advisor to the Ocean Energy Scale-up Alliance (OESA).
