The Norwegian Ministry of Petroleum and Energy awarded one CO2 storage license in the North Sea to Sval Energi AS, Storegga Norge AS, and Neptune Energy Norge AS.'Carbon capture and storage of large amounts of CO2 is important to reach our climate…
Swiss-based firm Implenia and NorSea's WindWorks Jelsa have signed an agreement to develop a production and assembly facility for large concrete or steel structures for the floating offshore wind industry at Norway’s west coast.Implenia and NorSea will become equal minority shareholders (approx…
Dutch offshore and marine services firm Boskalis said its Offshore Energy division saw its revenue increase by 50%, with an EBITDA increase of almost 70% in the first half of 2023.All business units within the Offshore Energy branch saw increases in both revenue and earnings…
Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second-largest liquefied natural gas (LNG) plant at Gorgon and at its Wheatstone operations after voting opened on Friday for a union ballot. Australia is one of the largest exporters of LNG to the world…
Norwegian offshore crane supplier Red Rock said Wednesday it had successfully commissioned a 'highly advanced' 40T AHC Offshore Crane on an offshore vessel for a client in UAE. 'Overload test and functional tests were done with client and Class Society present…
The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to energy intelligence group Wood Mackenzie.This…
The Netherlands' highest court on Wednesday ruled that construction of a major carbon capture project in the Rotterdam port area can go ahead, despite objections by environmental activists.The planned 'Porthos' project would be Europe's largest carbon capture…
Renewable energy firms Mainstream Renewable Power and Ocean Winds have partnered to develop a second ScotWind floating offshore wind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm to 2.3 GW.Arven comprises two sites…
Offshore drilling contractor Transocean said Wednesday that the world’s first subsea 20,000 psi blowout preventer (BOP) had been successfully deployed from its Deepwater Titan drillship.The 20K BOP stack, supplied by NOV, is designed for use…
Global Wind Projects, a provider of onshore wind turbine crane and installation services, has started work on its first offshore wind project.The company recently won a contract with Neart na Gaoithe offshore wind farm Tier 1 contractor Siemens Gamesa to provide cranes…
Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker crown currency, a national statistics office (SSB) survey showed on Thursday…
Subsea trenching and excavation specialist Rotech Subsea said Wednesday it had completed sand wave clearance and debris removal operations at a 'key' offshore wind farm in Taiwan. The contract - for an unnamed long-term client in the region…
Brazilian oil and gas company Petrobras has started production from the Anita Garibaldi FPSO in the Campos Basin, offshore Brazil.The FPSO will operate simultaneously in the post-salt and pre-salt of the Marlim and Voador fields.With a capacity to produce up to 80…
Swedish offshore wind developer OX2 said its offshore wind farm Triton off the southern coast of Sweden had received a Natura 2000 permit. In June the County Administrative Board finalized its handling by suggesting the government grant Triton…
Offshore Helicopter Services UK (OHSUK) has signed a new multi-year contract extension with the UK North Sea-focused oil and gas firm Serica Energy. Under the five-year deal with, Serica will use H175 and S92 aircraft to service its current North Sea operations…