Oil and gas producer Harbour Energy is set to cut 250 jobs, approximately 25% of the workforce at its UK unit based in Aberdeen, the company said in a statement on Wednesday.Harbour, the largest British North Sea oil and gas producer, said the cuts were necessary because of lower investment as a result of the UK government's policies towards the North Sea fossil fuel industry.“The review is unfortunately necessary to align staffing levels with lower levels of investment…
Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the Central North Sea for Anasuria Operating Company (AOC).Executed from the Island Valiant vessel, the operation was carried out on behalf of Anasuria Operating Company (AOC)…
Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business…
U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105…
Tidal Technologies Limited (TTL) has launched a procurement process for the equipment supply, manufacturing and installation of components for its first full-scale tidal energy prototype.The procurement process is for the build out of TTL’s…
A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy…
Phoenix International Holdings, Inc. announced that Scott Hansen has joined the company as Project Manager (PM) for the Autonomous Underwater Vehicle (AUV) Division.Scott brings to Phoenix 20 years of experience in Marine Engineering and Remotely Operated Vehicles (ROVs)…
The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output.President Donald…
Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump's administration.Offshore wind was a key pillar of former President…
SeAH Wind has appointed Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for the Hornsea 3 offshore wind project in the U.K.With commercial production set to start in the coming months, these subcontractors have been…
The Australian government’s call for two weeks of public consultation starting January 2 on Woodside Energy’s plans to sequester CO2 as part of the Browse project off Western Australia has met with opposition from environmental groups. The consultation…
Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.Brent crude futures posted their biggest gains in two weeks…
When gazing out to sea from the shoreline from many parts of the UK today you’re increasingly likely to see offshore wind turbines gently turning on the horizon.These giant structures are supplying an increasing amount of the UK’s electricity mix (<20%)…
Danos announced that two of its leaders, Melanie Hill and Scott Theriot, have been named to prestigious “40 Under 40” lists for 2024.Melanie Hill, Danos’ general manager of shale production, was honored in Hart Energy’s Oil and Gas Investor Forty Under 40…
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U…
