Q4 2024 Earnings Call February 12, 2025 2:30 AM ETCompany ParticipantsKarl Hersvik - Chief Executive OfficerDavid Tønne - ...

It is home to the company's engineering center of excellence with a growing workforce surpassing 1,000 employees, all supporting offshore deepwater project execution in Malaysia, and in other ...

The project, dubbed PS 2 Life Extension Project, envisages the redevelopment of multiple offshore assets, hence extending the field’s production potential for another 30 years, sources said.

Gas company Shell has announced taking a nearly $1 billion write down on its major New Jersey offshore project called Atlantic Shores Offshore Wind, but the offshore wind project leaders still ...

Kikeh, a producing field, lies 75 miles (120 km) northwest of the island of Labuan, offshore Sabah in East Malaysia. The project, executed by McDermott’s Kuala Lumpur based team, was executed in ...

“We are proud to announce [Bureau of Ocean Energy Management’s] final approval of the SouthCoast Wind project, the nation’s eleventh commercial-scale offshore wind energy project, which will ...

Romania's OMV Petrom is on track to later this year start development drilling at the Neptun Deep offshore project in the Black Sea as the operator pursues first gas from the 'game-changing' asset ...

Almost 81GW of offshore wind ... in 2023 that global project costs were up 39% on 2019 levels and advocated for policymakers to move away from cost-only auction formats. BloombergNEF’s new Levelized ...

Ørsted and PGE take final investment decision on Baltica ... we’re ready to build Baltica 2, a flagship project for offshore wind in Poland. We’re satisfied with the value creation of the ...

Connecticut Gov. Ned Lamont declined to add to his own single offshore wind project, citing high costs. Final negotiations for two Massachusetts contracts to support the federally permitted ...