The Ever Given, the massive container ship that became wedged in the Suez Canal and cut off traffic in the vital waterway for almost a week, has been refloated, authorities said Monday. The ship sailed north to the Great Bitter Lake, arriving th... Read more
Goldman Sachs has upped its oil price forecast in recent weeks and named a number of global stocks it believes will ride the crude recovery wave. In a note last week, analysts at the investment bank named a bunch of lesser-known stocks set to be... Read more
Offshore wind energy has the potential to deliver 90% of the U.S. projected 2050 electricity demand, according to Offshore Wind for America, a new report released by Environment America Research & Policy Center and Frontier Group. The report... Read more
Vattenfall has selected Van Oord for planned and unplanned maintenance work at its offshore wind farms in Europe that together comprise around 600 wind turbines. Under a four-year Operations & Maintenance (O&M) contract, which has a one-... Read more
NASSAU, The Bahamas – The drillship Stena IceMAX has completed operations on the Perseverance #1 exploration well offshore The Bahamas. According to operator Bahamas Petroleum Co. (BPC), the well encountered hydrocarbons at various intervals bas... Read more
The recent plummet in oil demand and collapse in prices has inflicted considerable damage on the oil and gas sector, with few businesses suffering more than offshore drillers. As a result, offshore drillers need to take a number of bold moves to... Read more
RWE believes its ‘collared monopile’ will increase the foundations’ load-bearing capacity and increase structural stability RWE will use new ‘collared monopiles’ at its 342MW Kaskasi offshore wind farm to improve the foundations’ structura... Read more
The Bureau of Ocean Energy Management (BOEM) is holding on Wednesday the last offshore lease sale for the year and the last such lease sale under the current U.S. Administration of President Donald Trump, before Joe Biden, who has promised to ba... Read more
LONDON — The prospect of a Joe Biden presidency and the most progressive climate strategy the U.S. has ever attempted is not something that should concern the energy industry, oil and gas executives have told CNBC. Instead, they hope President-e... Read more
The pandemic of Coronavirus (COVID-19) has influenced each part of life comprehensively. This has brought along some changes in economic situations. The current scenario of the ever-evolving business sector and introductory and future appraisal... Read more
