QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed…
Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision (FID) to develop the Winterfell discovery in the Gulf of Mexico, with the first oil expected in the second quart of 2024.The Winterfell discovery…
Constellation and HMH have signed integrated maintenance support contract for the Blowout Preventers (BOPs) of the semi-submersible drilling platforms Alpha Star, Gold Star and Lone Star.The Contractual Services Agreement (CSA) will last for five years…
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) Program, supported by the U.S. Department of Energy (DOE), has selected 10 projects to share $1.3 million for marine energy-related research.The projects have been selected…
Italian engineering firm Rosetti Marino has completed the construction of jacket and topside for the Fenix wellhead platform, which are now en route to Tierra del Fuego in southern Argentina.Rosetti Marino built Fenix platform’s topside and…
The European Union has built 17 GW of new wind energy in 2023, with 3 GW of new capacity coming from offshore wind farms.The WindEurope data shows that Germany built the most new wind capacity followed by the Netherlands and Sweden. The Netherlands built the most new offshore wind…
Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…
ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project, achieved background flare in 39 days, ahead of the 60-day target.Achieved ahead of schedule outlined in the project’s environmental permit…
The Danish Underground Consortium (DUC) has reached final investment decision (FID) to drill a new well on the Harald East area, located close to the Norwegian border, with the gas planned to be exported through the Tyra East facilities.DUC…
As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been…
Jumbo Offshore has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil…
Swedish tidal energy company Minesto has completed the installation of subsea infrastructure and verified the launch and recovery procedures for the 1.2 MW tidal energy device that will soon be deployed offshore Faroe Islands.The device, dubbed Dragon 12…
Global Energy Group (GEG) has secured a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development. The work will be executed from the Port of Nigg, a multi-user energy facility in the Cromarty Firth…
Dutch companies Sif and Ballast Nedam have signed a memorandum of understanding (MoU) to develop a joint venture for the decommissioning of offshore wind farms under the name of BNS Decom.BNS Decom intends to revolutionize the decommissioning process for offshore wind farms…
Angola-based Azule Energy has awarded a three-year contract with extension options to Norwegian company FutureOn for its FieldTwin digital design and visualization platform.Azule Energy – a standalone integrated energy company combining the…
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