Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade…
Valeura Energy said Thursday it had signed two key contracts relating to its Jasmine oil field offshore Thailand.Namely, Valeura’s charter of the field’s FPF-003 floating production storage and offloading vessel (“FPSO”), and a contract for…
Denmark-based engineering and contracting group Semco Maritime has agreed to acquire German firm Wind Multiplikator, specialized in managing offshore wind farms and projects and providing engineering and consulting services.The transaction also…
Eidesvik Offshore has entered into agreements to sell its three remaining seismic vessels, Veritas Viking, Vantage, and Viking Vision, to two separate buyers. All the vessels are in lay-up and treated as held for sale in the company accounts…
Singapore-based Cyan Renewables said Wednesday it had signed a Memorandum of Understanding (MOU) to partner with Taiya Renewable Energy, a Taiwanese offshore wind farm development company. Under the MOU, Cyan and Taiya will collaborate to build vessel capacity…
U.S.-based maritime logistics and offshore services firm Crowley on Wednesday announced a new investment in Tugdock. Tugdock has developed 'the world’s first road-transportable floating dry dock' known as the Tugdock Submersible Platform (TSP)…
Tanzania's government said on Wednesday it had completed negotiations with the investors of its $42 billion liquefied natural gas (LNG) project, with the agreements set to be reviewed for approval next month. Energy minister January Makamba…
French power giant EDF has entered into a joint venture partnership with Irish developer Simply Blue Group to develop two wind farm projects off the Irish coast, the groups said in a press release on Wednesday. The projects are the Western Star…
Tidal energy developer Minesto said Wednesday it had successfully completed the first phase of Dragon 12 (1.2 MW) offshore installation in Vestmanna, Faroe Islands. The 3.4 km main subsea cable was laid on the seabed, from the onshore grid connection point to the offshore installation node…
Two Polish state-controlled companies, oil refiner PKN Orlen and power utility PGE , have received permits to build offshore wind farms on the Baltic Sea.Poland's infrastructure minister awarded five permits for available locations to PKN Orlen group and one to PGE…
Oilfield services company Halliburton has launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate. According to Halliburton, Diskos 2.0 stores critical exploration and production data and is vital to drive investments in Norway’s oil and gas industry…
The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step…
Japan's wind power body has set a mid-century goal to increase capacity to 140 gigawatts (GW) from less than 5 GW now, it said on Monday, to meet a third of the country's electricity demand and help it to hit its 2050 carbon neutrality target…
Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.In January,…
Norwegian offshore vessel operator Golden Energy Offshore Services AS (GEOS) has secured a contract extension with Repsol for its Enegy Swan platform supply vessel.The contract extension is in direct continuation of the current charter contract…