Latest News - page 56


A Hydrogen Balancing Act in Offshore Energy

Aug 19, 2024

The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production.  There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand…

"World's Most Powerful Floating Wind Turbine" Sets Sail

Aug 19, 2024

OceanX, which is reported by its developer MingYang Group to be the world's largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China…

Cost of US-built WTIV Charybdis Balloons to $715 Million

Aug 19, 2024

The cost to construct the United States' first domestically built wind turbine installation vessel (WTIV), Charybdis, has risen to $715 million, Dominion Energy revealed in its latest quarterly results, marking another snag for the fledgling U…

SLB, Palo Alto Networks Expand Cyber Connection

Aug 19, 2024

SLB and Palo Alto Networks said the two will expand their collaboration to strengthen cybersecurity for the energy sector, combining SLB’s cloud and edge technologies and domain experience in the energy industry with Palo Alto Networks’ cross-industry…

Gas Production Starts in Argo Cassiopea field, says Eni

Aug 19, 2024

Eni reports it started gas production from the Argo Cassiopea field, coming from one of the four subsea wells drilled in recent months in the Strait of Sicily. Once captured, the gas is transported through a 60 km subsea pipeline to the Gela processing plant…

Crowley Breaks Ground on Salem Offshore Wind Terminal

Aug 19, 2024

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…

DOF Subsea CEO: Contract extension for "most sophisticated vessel in our fleet"

Aug 19, 2024

DOF Subsea announced an agreement for the extension for the vessel Skandi Africa. The new commitment will now run until May 2028 and will commence in direct continuation with the current commitment.Skandi Africa is a high-end subsea vessel designed…

Environmental Group Backs Out of Scarborough Litigation

Aug 19, 2024

Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well…

"We have had a well control incident at Gullfaks C" says Equinor

Aug 18, 2024

Norway's Equinor shut down production at its Gullfaks C platform in the North Sea on Sunday and evacuated some workers as a precaution following a well incident, a company spokesman said.'We have had a well control incident at Gullfaks C,' said a company spokesperson…

Start-Up Aims for Free-Range Wind Farms via Sailing Vessels

Aug 18, 2024

British startup DRIFT Energy has closed a seed funding round for making green energy at sea using hi-tech sailing vessels.Led by Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, and with support from Blue Action Accelerator…

New Project Marks Tipping Point for Subsea Electrification

Aug 18, 2024

OneSubsea™, an SLB joint venture, recently announced a contract award for its all-electric subsea production system, and John Macleod, vice president of technology and strategy at SLB OneSubsea, sees it as the onset of a tipping point.“Large…

Esgian Week 33 Report: New Contracts in North Sea, Nigeria

Aug 18, 2024

Esgian provides an update on new jack-up contracts in the North Sea and Nigeria in its Week 33 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling 400-ft jackup Prospector 1 has secured a contract extension with ONE-Dyas for work offshore the UK and the Netherlands…

Ultra-High Pressure Oil Wells Could Unleash another 2B Barrels from GOM

Aug 18, 2024

U.S. energy firms last week cut oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by two to 586 in the week to Aug…

Poland Calls Nord Stream Attack Insinuations 'Groundless'

Aug 18, 2024

Suggestions that Ukrainian authorities supported by Poland were behind planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president's aide said on Sunday.Germany's former intelligence chief…

GOM Floating Production Vessel gets Award-Winning Mooring Tech

Aug 16, 2024

Bardex completed its phase of floating production system (FPS) for the Shenandoah project: delivering its Off Vessel Tensioning (OVT) BarLatch mooring system. When installed, the FPS will be located in the deepwater Gulf of Mexico at more than 1800 m water depth…

Current News

Woodside: LNG Market to Grow by 50% in Next Decade

Aikido One Floating Wind Platform Takes Final Shape

Brava Energia Awards $200M Equipment Supply Contracts for Brazil Offshore Fields

ABL to Oversee Offshore Installation Works for Iberdrola’s German OW Farm

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