MODEC has secured an Approval in Principle (AiP) for Abate Notation from classification society DNV for its FPSO Bacalhau, set for deployment at an Equinor-operated oil project offshore Brazil.In this project, a comprehensive assessment of greenhouse…
Carnarvon has informed that the joint venture in charge of Dorado project, one of the largest offshore oil discoveries in Western Australia, is finalizing the assessment of key optimization opportunities, expected to improve project economics and significantly lower upfront CAPEX…
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.Pursuant to the signed agreement, Chevron as the operator will retain a 40% interest, while Paradise Oil Company…
Santos said on Thursday growth projects were making good progress, with flagship Barossa natural gas development now 77% complete as Australia's second-largest fossil fuel producer makes attempts to speed up its ambitious forward strategy.Barossa…
A federal agency has ordered a wind farm off the coast of Massachusetts to stop power production and construction until an investigation determines whether a blade failure affects other turbines, it said on Wednesday.Vineyard Wind's offshore…
A federal court in Alaska overturned on Tuesday night an oil and gas lease sale that had been mandated by the Biden administration's signature climate law as part of a political compromise, on grounds that the U.S. government violated the law when holding the sale…
New York Governor Kathy Hochul announced the start of construction on Sunrise Wind, a 924-megawatt offshore wind project developed by Orsted, the New York State Energy Research and Development Authority (NYSERDA) said on Wednesday.The project will provide enough clean energy to power about 600…
Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has selected Fugro to perform a geotechnical investigation of their lease area in the New York Bight.With 3 GW of offshore wind energy potential, the developed…
Terradepth and Hypack announced a strategic partnership designed to enable surveyors to run Hypack's software directly in the cloud through Terradepth's Absolute Ocean platform.By integrating Hypack software with Terradepth's cloud-native Absolute Ocean platform…
SK Innovation, parent of South Korea's largest oil refiner and battery maker SK On, said on Wednesday it will merge with energy affiliate SK E&S as the nation's No. 2 conglomerate undertakes a major overhaul to boost profitability.The move, which creates a 100 trillion won ($72…
U.S.-based offshore drilling company Diamond Offshore has made progress on the installation of Managed Pressure Drilling (MPD) equipment on its drillships, set for completion by the end of 2024.In early 2024, Diamond Offshore introduced MPD supervisors offshore to optimize operations…
Norwegian seismic company TGS has signed a global multi-year agreement with Shell to license the TGS Imaging AnyWare software suite, announcing also it has secured another contract for the Ocean Bottom Node (OBN) data acquisition work in North America…
The government of Australia has granted 12 feasibility licenses for the Gippsland Offshore Wind Zone, with the potential installed generation capacity of 25 GW.The news follows Australia’s governments move to approve six projects for feasibility…
The Vineyard Wind offshore wind project off the coast of Massachusetts is shut down until further notice while authorities investigate a turbine blade failure that caused debris to wash up on beaches, a federal agency said on Tuesday.The U.S…
Bluestream, an OEG Renewables business, has secured a large remedial campaign on two offshore wind farms in the German sector of the Southern North Sea.Bluestream has been awarded a remedial campaign by Vattenfall and Stadtwerke München on the…