QatarEnergy confirmed Wednesday it had won a new exploration block offshore Egypt as part of the 2022 EGAS International Bid Round.The results of the competitive bid process were announced by Egypt’s Ministry of Petroleum and Mineral Resources…
Britain's Crown Estate said on Monday it has amended plans for an offshore wind licensing round which aims to create floating wind technology off the coast of Wales and south-west England to make more capacity available to bidders.The licensing…
A wind energy developer owned by France's TotalEnergies and a unit of Macquarie said on Monday it is bidding to build a wind farm off New Jersey's coast, expressing confidence in the sector after a series of U.S. setbacks.Spinning power from…
BP is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter.The potential divestment would help BP meet its targets to reduce debt and maintain its dividend…
Japanese shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) and French renewable energy firm EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in the acceleration of the development of offshore wind and related business and to encourage developments in green hydrogen…
Dutch offshore installation services company Van Oord is set to start the cable installation works on Iberdrola's Baltic Eagle offshore wind farm in Germany.'After Van Oord’s heavy lift installation vessel Svanen completed installation of all…
Renewable energy firm RWE said Wednesday it was funding a study to investigate the quayside offload and launch of two types of floating offshore wind platforms – one steel and one concrete – alongside the integration of next-generation wind turbine generators onto these platforms…
A design for a floating offshore nuclear power barge from HD Korea Shipbuilding & Offshore Engineering (KSOE) and KEPCO Engineering and Construction Company, Inc. (KEPCO E&C) received approval in principle (AIP) from ABS.Project collaborators include ABS…
The Norwegian oil and gas company OKEA said Tuesday it had started production from the Hasselmus gas discovery in the Norwegian Sea, on October 1, 2023. As a subsea tie-back to the Draugen platform, Hasselmus is expected to add 4,400 barrels of oil equivalents per day to production at plateau…
Sapura Energy said Monday that Brunei Shell Petroleum had issued notices of arbitration to its subsidiaries Sapura Fabrication and Sapura Offshore.Brunei Shell Petroleum is seeking arbitration against Sapura Fabrication in relation to the Salman development…
Subsea services firm Expro said Tuesday it had completed its previously announced acquisition of offshore services provider PRT Offshore.PRT Offshore is based in Houston, Texas, and provides a complete Hook-to-Hanger solution enabling comprehensive well completions…
Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.The vessels are set for deployment on the Baleine field with a 15-year firm contract…
The Boskalis heavy lift installation vessel, Bokalift 2, arrived in Invergordon port on October 1, ready to start loading the first batch of three monopiles for installation at the Moray West offshore wind farm. The first major component installation…
Ocean services provider DeepOcean has completed a decommissioning project on Fairfield Energy’s Dunlin Alpha platform on the UK continental shelf. DeepOcean removed six subsea conductors and four vertical supports at varying water depths and…
Thai oil and gas giant PTT Exploration and Production (PTTEP) may extend its contracts for two gas fields in neighboring Myanmar when one ends in 2028 and the other in about 20 years, its chief executive said on Monday.PTTEP also bid for two…