SSE has welcomed the approval of the new Renewable Electricity Support Scheme (RESS) in Ireland, however, the company said it had concerns that the potential size of the future individual auctions outlined in the RESS design “may be too small to allow large-scale offshore wind projects to commercial
Russia’s largest independent natural gas producer Novatek reported a rise in its IFRS profit for the second quarter and the first six months of 2018.
GSP Offshore’s GSP Jupiter jack-up rig has begun its work for the Greek oil firm Energean, under the EPCI contract signed earlier this year aimed at the development of the Epsilon oil field offshore Greece.
Swiss company Winterthur Gas & Diesel (WinGD) has named Klaus Heim as its chief executive officer (CEO) with effect from August 6, 2018.
Blockchain technology is expected to have a profound impact on trade and transport.
Italian oil and gas contractor, Saipem, reported a 323 million euro ($377.6 million) net loss for the first half of the year on the back of write-downs and reorganization expenses that hit 329 million euro.
3D printing technology is getting a special exhibition at this year’s SMM.
Norwegian offshore support vessel owner SolstadFarstad has found work for two of its construction support vessels. One is a new contract, the other a contract extension.
IMB report says that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in 6 separate incidents.
Three European majors, BP, Eni and Shell have bumped up new project approvals during the recent downturn, a review by the energy research and business intelligence company Rystad Energy shows.
Lancashire-headquartered Cuadrilla has received final hydraulic fracture consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its first horizontal shale gas exploration well at its Preston New Road site in Lancashire.
The Netherlands Enterprise Agency (RVO.nl) has issued early information on a tender it plans to launch on 30 July, looking for a company to undertake an archaeological study for three areas earmarked for offshore wind projects.
2017 was another year of exceptional growth for Asian cruise market.
Spanish power sector major Endesa reported an increase in profit for the first half of the year of 15 percent.