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GMS Says War Estimated to Have Led to US$10M in Lost Revenue

GMS Says War Estimated to Have Led to US$10M in Lost Revenue

Gulf Marine Services has said the war in the Gulf is estimated to have caused 10.1 million dollars in lost revenue in the first nine months of 2026, along with 1.8 million dollars in direct incremental costs from higher…

Tue Oct 20 20268 min
EU Innovation Fund Backs Minesto Euro Dragon Farm Tidal Kite Array

EU Innovation Fund Backs Minesto Euro Dragon Farm Tidal Kite Array

Minesto has been selected by the European Commission to enter grant agreement preparation for funding of 20.2 million euros under the Innovation Fund. The selected project, Euro Dragon Farm, is a first-of-its-kind 10-meg…

Tue Oct 20 20268 min
All Turbines Operational at Hai Long Offshore Windfarm in Taiwan

All Turbines Operational at Hai Long Offshore Windfarm in Taiwan

Northland Power has confirmed that all 73 turbines at Hai Long, its 1.0-gigawatt offshore wind project in the Taiwan Strait, are now installed and generating power. The company said the milestone substantially advances t…

Mon Oct 19 20268 min
Alve Nord, Idun Nord, and Ørn Fields Start Production in Norwegian Sea

Alve Nord, Idun Nord, and Ørn Fields Start Production in Norwegian Sea

Norway’s Minister of Energy has officially opened the Skarv satellites from the Skarv floating production vessel in the Norwegian Sea, marking the start of production from the Alve Nord, Idun Nord and Ørn fields. The thr…

Mon Oct 19 20268 min
Equinor Scales Back TWEL Project After Single Compressor Commissioning

Equinor Scales Back TWEL Project After Single Compressor Commissioning

The Troll licence partnership has informed the Norwegian Ministry of Energy that the Troll West Electrification project will be completed after commissioning the first electric export compressor on Troll C. The second el…

Thu Oct 15 20268 min
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