GE is cutting hundreds of jobs in its onshore wind power group. The move comes as GE faces a trifecta of challenges: Rising input costs, supply chain issues, and competition from the likes of Siemens. […]
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership […]
Mediterranean-focused Energean has made a commercial gas discovery at the Hermes exploration well offshore Israel, with recoverable resources estimated at 7-15 Bcm, it said Oct. 6. Energean, which is expected to start production from its […]
The UK is keen on speeding up the buildout of offshore wind farms in its territorial waters, a goal that was more firmly set in the new Growth Plan that contains a list of offshore […]
Norway-headquartered Aker Solutions and the construction company Balfour Beatty have signed a Memorandum of Understanding (MoU) to deliver end-to-end design and construction services to the UK offshore wind industry. Under the MoU, the partners will […]
After the Norwegian Government increased readiness on the Norwegian continental shelf, the Norwegian Armed Forces enhanced its presence, and soldiers were placed on oil and gas facilities. The Norwegian Armed Forces said they were present […]
Plans to create a new robotic system that could provide a sustainable, cost-effective solution to subsea maintenance and transform the offshore wind industry are taking off. Aberdeen-based offshore robotics company, HonuWorx, with support from the […]
Octopus Renewables Infrastructure Trust (ORIT) has acquired a further 7.75 per cent ownership interest in the Lincs offshore wind farm in the UK from a fund managed by Macquarie Asset Management. The new buy-in follows ORIT’s […]
(Bloomberg) — Federal investigators raided a deep-water oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for a U.S. environmental case. QuarterNorth Energy LLC’s office in […]
The Department of the Interior wants to reverse certain offshore oil and gas production safety rules that were rolled back by the Trump administration as part of its support for the oil and gas industry. […]
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