Mingyang eyeing international markets for offshore wind expansion
Chinese turbine manufacturer Mingyang Smart Energy (LON:MYSE) has said that the company is actively exploring international markets despite a fall in its overseas revenue.
Chinese turbine manufacturer Mingyang Smart Energy (LON:MYSE) has said that the company is actively exploring international markets despite a fall in its overseas revenue.
Analysts have warned that debt-laden Petrofac (LON: PFC) could sell off non-core assets as the company looks for fresh capital to service its debts.
Some traders working for Exxon Mobil are set to lose their jobs because they don’t want to move from Brussels to London, according to a statement from its unions.
Aberdeen-based offshore services group Balmoral Comtec has received a multi-million-pound contract for the supply of cable protection systems (CPS) by Orsted for its major Hornsea 3 project.
Aberdeen-based Wood (LON:WG) has appointed Jennifer Richmond to the newly created role of chief strategy officer (CSO).
Shares in Petrofac (LON: PFC) have declined by more than 30% since markets opened today as the company struggles with its debt load.
Brent and Skua are seeing new life through Shell's Penguins and BP's Murlach redevelopments while doubts are cast on other redevelopments.
The Scottish Government has been accused of “dodgy sums” as two green freeport schemes are set to deliver tens of thousands fewer jobs than were initially promised.
Statera Energy's plans to produce green hydrogen in Kintore puts the Aberdeenshire town in the same league as Saudi Arabia's Neom and the Port of Rotterdam, it has been claimed.
Reed & Mackay has announced plans to deliver further value to its client base within the Energy and Marine sector.
TotalEnergies SE (LON:TTE) reported a smaller-than-expected drop in first-quarter profit as a resilient oil market partly offset lower gas prices.
A project that will expand UK gas storage next year has been touted as a boon for Europe’s energy security. It’s also a substantial win for the small Gulf nation of Qatar.
The merging of seismic firms PGS and TGS hangs on UK competition watchdog approval after Norway gave the green light.
Danish helicopter firm Uni-Fly appears to be further expanding into offshore oil and gas operations with AW169 contracts in Spain and the Southern North Sea.
Reach Subsea is planning to double headcount and launch a new base in Aberdeen by the end of the year, operating as a hub for UK and international operations.
Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
Xlinks First has announced a $14.1 million investment from Africa Finance Corporation (AFC) to further the development of Xlinks’ UK-Morocco Power Project.
Unite said if strike action takes place it will cause "widespread disruption" at one of Scotland's key oil and gas terminals.
Renewable energy provider Octopus Energy is set to invest in California-based floating offshore wind firm Ocergy.
Following government approval of Harbour Energy’s $11.2bn takeover of Wintershall Dea, the German energy firm looks to appoint a new chairman.
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
Statera Energy says Kintore is "one of the best sites in Western Europe" for green hydrogen production
Repsol has been told to clean up its act over poor toilet facilities on its Arbroath platform which have been “in desperate need of replacing” since 2020.
Serica has committed £25m to the Belinda project so far - and expects to spend around £100m overall.
Oil services consortium PBS has secured an extension to a major general maintenance and operations contract (GMOC) across TotalEnergies' North Sea assets, covering work for 1,100 people.