Shell's Edinburgh exploration well (30/14a-5) drilled in offshore UK license P255 has failed to encounter commercial quantities of hydrocarbons and is being plugged and abandoned.The news was shared by DNO, the Norwegian oil and gas company…
British Prime Minister Boris Johnson has an “insatiable desire” to expand energy production from wind, a spokesperson for his Downing Street office said on Thursday.Johnson chaired a roundtable of industry leaders from the wind sector, telling…
Australian financial conglomerate Macquarie Group's green investment unit said on Thursday it would launch an offshore wind energy business, with operations set to start in April.The new business, Corio Generation, will be part of Macquarie's…
The Norwegian Competition Authority has given its approval to the proposed merger between offshore drilling contractors Maersk Drilling and Noble Corporation.Denmark's Maersk Drilling and U.S. rival Noble Corp announced the proposed $3.4 billion…
UK-based crew transfer vessel operator Seacat Services said Thursday it had signed a long-term charter for catamaran Seacat Weatherly with Moray Offshore Windfarm (East) Limited.Seacat Weatherly has already started its assignments earlier this…
Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply and strengthening fuel demand in the United States and beyond as economies recover from pandemic-induced slumps.Brent crude futures rose by 97 cents…
Italy's Falck family will sell its controlling stake in Falck Renewables to a JPMorgan-owned infrastructure fund for 1.5 billion euros ($1.8 bln), the company said on Wednesday.Under the agreement, Infrastructure Investment Fund (IIF), which is run by JP Morgan Investment Management…
EnerMech announced that Daniel McCarthy has joined the company as its strategic proposals director to help accelerate its planned growth across the business.McCarthy started his 18-year career in the oil and gas, engineering and construction sector at Kentz…
Chevron Corporation announced on Monday it has appointed Eimear Bonner as vice president, reporting to chairman and CEO Michael Wirth, effective August 2. Bonner will also continue as president, Chevron Technical Center, and chief technology officer…
DNO ASA, a Norwegian oil and gas firm focused on the Middle East and the North Sea, has appointed a new Chief Operating Officer.The company said Monday Chris Spencer would be appointed COO, effective immediately. Spencer joined the Company in…
Hecate Independent Power, a company chaired by Sir Tony Baldry, a former minister in the UK Department of Energy under Margaret Thatcher, on Friday announced plans to build a massive offshore wind project off the coast of Iceland that would…
Offshore catering specialist Aramark Offshore has said it has secured a new five-year contract with the oil major Total.The company will provide services across six offshore platforms in the United Kingdom Continental Shelf.The five-year deal…
The United Kingdom, Kuwait, Canada, United States, Colombia top energy intelligence firm Rystad's list of countries that offer the best fiscal conditions for the development of large offshore oil fields.After what has been described as a disappointing year for offshore sanctioning…
New York-listed offshore vessel owner SEACOR Marine has completed the previously announced sale of its offshore crew transfer subsidiary Windcat Workboats to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat is headquartered in Lowestoft…
Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance…
