OMV Norge, a Norwegian subsidiary of the Austrian oil firm OMV, has made a minor, non-commercial discovery at the Velocette offshore exploration well in Norway, Longboat JAPEX Norge, a partner in the PL1016 offshore license, has informed.The exploration well 6607/3-1 S in the Norwegian Sea…
Britain's Octopus Energy has acquired a 10% stake in the Borssele III & IV offshore wind farm in the Dutch North Sea for an undisclosed sum, part of a wider $20 billion offshore wind investment plan, the company said on Tuesday.The wind farm…
The Fraunhofer Institute for Wind Energy Systems IWES in Germany has been contracted by the Federal Maritime and Hydrographic Agency of Germany (BSH) to carry out a preliminary meteorological investigation in the North Sea as part of the area development plan…
Uruguay state-run energy firm Ancap is set to agree to final terms for a record number of seven offshore exploration licenses next month, a senior executive told Reuters, as the frontier market lures bets from global players like Shell.To date no oil or gas has been found in Uruguayan waters…
The CEOs of top Saudi Arabian and U.S. oil producers Aramco and Exxon Mobil on Monday pushed back against forecasts that oil demand will peak, and said the transition to cleaner energy to fight climate change would require continuing investment in conventional oil and gas…
Malaysian oil and gas firm Hibiscus Petroleum has, via its UK North Sea subsidiary Anasuria Hibiscus UK, Ithaca Energy, and Caldera, entered into a unitization and unit operating agreement to jointly develop the Marigold field, about 250km northeast…
Costs at Equinor-operated Johan Castberg offshore field development project have increased by almost NOK 13 billion (currently $1,2 billion) since last year, but the production start-up date remains unchanged and is still slated for the fourth quarter of 2024…
U.S. President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still possible, although not easy, the CEO of Ørsted, the world's largest offshore wind developer, said on Monday at the Climate Week NYC event in New York…
A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.Demand for liquefied natural gas (LNG) in Europe has grown in the wake of the war in Ukraine…
Seabed survey and ocean research company Ocean Infinity has signed a contract with Equinor Wind US LLC, for one of the first-ever floating offshore wind farms on the US West Coast. Under the terms of this contract, Ocean Infinity will undertake…
Eneti's offshore installation services subsidiary Seajacks UK has signed a vessel reservation agreement with an undisclosed client to transport and install turbines.With mobilization starting in the first quarter of 2027, the contract will be…
The floating offshore wind project DemoSATH has started generating electricity, off the coast of Spain.DemoSATH, led by the Spanish engineering firm Saitec Offshore Technologies, in collaboration with the German energy company RWE Offshore Wind and the Japanese company KEPCO…
Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia.'Another 24hr stoppage has been applied across all 3 facilities with 15% of…
UK North Sea-focused oil and gas company Orcadian, which is working to develop the Pilot oil field, has entered into a non-binding Heads of Agreement with an unnamed North Sea operator, which details a potential farm-out of the Pilot development project…
Norwegian offshore support vessel firm DOF said Monday it had won three new service contracts with the Brazilian oil firm Petrobras.'The contracts were originated by a competitive bid process won by DOF and include work within our core service lines for Survey and Inspection…
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