U.S. President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.The picks include a diverse list of nominees to head the departments of Energy…
Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Thursday.Nord Stream 2 runs alongside…
Israel and Lebanon resumed U.S.-mediated talks on Wednesday on a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, the Israeli energy minister, and Lebanon’s state news agency said…
Oil prices rose more than 2% on Monday, with Brent futures topping $40 a barrel, after Joe Biden clinched the U.S. presidency and buoyed risk appetites, offsetting worries about the impact on demand from the worsening coronavirus pandemic.Brent crude futures for January climbed 94 cents…
Danish energy group Ørsted beat third-quarter profit expectations on Wednesday but said offshore wind projects in the United States faced “significant” delays.The world’s largest offshore wind farm developer kept its full-year guidance for earnings before interest…
Offshore vessel operator Edison Chouest Offshore (ECO) will build and operate the first-ever U.S. flagged Jones Act compliant Service Operations Vessel (SOV), used for offshore wind farm operation and maintenance works.Edison Chouest Offshore…
The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…
Singapore's Keppel Offshore & Marine has secured new construction orders worth around S$200 million (USD146,5 million). The orders include the construction of a Floating Storage Regasification Unit, as well as the largest U.S. hopper dredger…
The United States and Guyana will begin joint maritime patrols aimed at drug interdiction near the South American country’s disputed border with crisis-stricken Venezuela, the U.S. secretary of state and Guyana’s new president said on Friday…
Dutch offshore crane specialist Huisman will build the crane for the United States’ first Jones Act compliant offshore wind installation vessel.Huisman joins a consortium of a Dominion Energy-led offshore wind consortium aim of which is to build a Jones Act compliant vessel…
Norwegian oil and gas firm Equinor is set to cut jobs significantly in the United States, Canada and Britain to adjust to a fall in oil prices, a company spokesman said on Wednesday.The group plans to cut employee numbers in those countries…
The United States this week hardened its position on the South China Sea, where it has accused China of attempting to build a 'maritime empire' in the potentially energy-rich waters, despite regional concerns.The rivals have accused each other…
Louisiana-based company 2nd Wind Marine plans to design, finance, build and operate two Jones-Act-compliant jack-up vessels aimed at the growing U.S. offshore wind market. The company has this week revealed the SuperFeeder design for the vessel…
Northern Offshore Services (N-O-S) and SEA O.G have entered into an agreement to provide marine services and CTV operations to the offshore wind industry in the United States.The partnership will combine the forces of N-O-S, the crew transfer vessel operator in Europe…
Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said on Thursday, but it trimmed its forecast for the drop citing easing lockdown measures.Demand is expected to fall by 8.6 million barrels per day (bpd)…
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