UK-based wave power technology company Mocean Energy, and subsea battery developer EC-OG have teamed up with Chrysaor, Modus, OGTC, and Baker Hughes to fund the demonstration of a wave-powered renewable energy system for running subsea equipment…
Offshore wind is at an “inflection point” for growth as costs for the renewable power source fall and technologies advance, BP’s zero carbon energy executive said at a conference on Thursday.“The offshore wind potential is global and (we) should expect more countries around the world to follow suit…
Aker Solutions has been awarded some 67 million euros (USD 80 million) in damages by an arbitration tribunal in Germany in a case related to Kvaerner's work on RWE's Nordsee Ost offshore wind farm delivered back in 2013.To remind, Kvaerner last…
Oil and gas company Neptune Energy has teamed up with Environmental Defense Fund (EDF) in a scientific collaboration that will see the use of drones for measuring oil and gas methane emissions from offshore oil and gas facilities.EDF will coordinate…
UK-based oil and gas company EnQuest has said it has started cessation of production activities on the Northern Producer floating production facility at the Don fields in the North Sea.'The process, which began on Monday 1 March, is expected to take several days to complete…
Brazilian oil and gas company PetroRio on Thursday said it had agreed to buy from Total a 28.6% stake in the Wahoo field, offshore Brazil.The field is located in the BM-C-30 Block, and the acquisition from Total, together with the interest in Wahoo PetroRio agreed to buy from BP…
The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed.To remind, Premier Oil, the operator of the Sea Lion development…
Colombia will launch this month the schedule for its 2021 licensing round offering 32 blocks for oil and gas exploration and production, with results expected in November, the head of the nation's oil regulator told Reuters on Thursday.Last year…
An official keel-laying ceremony for the offshore wind installation vessel ‘Green Jade’ was held Friday at CSBC’s shipyard in Kaohsiung, marking an important moment in Taiwan’s maritime and offshore wind history.‘Green Jade’ is owned by CDWE…
Offshore oil and gas project commitments are expected to not only recover going forward, but their number is also set to reach a new record in the five-year period towards 2025 - cumulatively almost 600 projects - Rystad Energy, a Norwegian…
SAP SE and DNV GL - as of today known just as DNV - have recently announced a collaboration aimed at delivering a new industry cloud solution designed to tackle corrosion under insulation, a major problem facing the integrity of oil and gas plants…
Norwegian oil company Equinor has with its partners decided to further develop the Asgard field in the Norwegian Sea, with an investment estimated at just under NOK 1.4 billion ($164,27 million).Equinor said the investment would see the implementation…
The transition to a lower-carbon economy, including commitments by the UK and Scottish Governments to achieve net-zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message…
Hornsea 1 Limited, a joint venture owned by Ørsted (50 %) and Global Infrastructure Partners (GIP) (50 %), which operates the giant Hornsea 1 offshore wind farm, located 120km off the Yorkshire Coast, the UK, has struck a deal to sell its transmission assets…
Acteon's pile-driving operating company MENCK has won a contract with offshore installation company Allseas to deliver piledriving and handling equipment for the installation of TenneT’s DolWin6 offshore converter platform in the German sector of the North Sea…