The construction of the world’s largest floating wind farm Kincardine, in the UK, is now complete, marking the start of the long-term Power Purchase Agreement (PPA) signed in 2018 between Kincardine Offshore Windfarm Ltd. (KOWL’s) joint venture and Statkraft…
Bristow Group, a company best known to Offshore Engineer readers for its offshore crew transfer helicopters, has signed a Memorandum of Understanding with aeronautical engineering firm Vertical Aerospace Group for certification, operational planning…
Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves.U.S. West Texas Intermediate (WTI) crude futures rose 75 cents…
This week in the northeast of Scotland, an immersive simulation suite that promises to transform approaches to offshore decommissioning and installation in the North Sea was officially unveiled.The simulation suite is located at the National Decommissioning Centre (NDC)…
State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, the firm said on Wednesday.ADNOC had previously targeted a minimum stake of 7…
Iberdrola has taken full control of two wind projects it has been developing off the U.S. coast with Copenhagen Infrastructure Partners (CIP), as part of a global ramp-up of its offshore business.The European wind power leader's U.S. unit Avangrid will pay $167…
Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…
Australian oil and gas company expects to spud the Buffalo-10 well in the Timor Sea in early November, using the Valaris JU-107 jack-up drilling rig.'The previous field proved the existence of very high deliverability reservoir containing high…
Malaysian oil and gas producer and energy services provider Sapura Energy said Tuesday that Reza Abdul Rahim would step down from his position as Chief Financial Officer.He will step down on October 1, 2021, after more than five years in the role…
Oil and gas firm Neptune Energy has written to Britain’s energy minister asking for a change in regulation to allow it to produce more domestic gas from its North Sea field amid record gas prices, a letter seen by Reuters showed.Benchmark British…
Floating wind technology developer BW Ideol has gained access to the Ardersier Port in Scotland for the construction of its concrete floaters for floating wind turbines.Under the agreement signed between BW Ideol and Ardesier Port authorities…
Zelim, a company previously known as Offshore Survival Systems, has teamed up with naval architect Chartwell Marine to deliver a remotely operated rescue vessel designed to be mounted on offshore facilities.'Offshore energy sites present a hazardous environment for personnel and vessel crews…
Three companies are working on a project to convert existing jack-up drilling rigs into offshore green hydrogen production units in the North Sea.Offshore engineering firm Aquaterra Energy, renewable hydrogen producer Lhyfe and offshore drilling…
Aker Solutions' and AF Gruppen's proposed offshore decommissioning businesses merger has been given a green light by the Norwegian Competition Authority.The Norwegian Competition Authority on Monday informed the two firms it had no objections to the merger…
Norwegian oil and gas company Equinor has spudded the Egyptian Vulture exploration well in the Norwegian Sea.Longboat Energy, the recently formed E&P company, and Equinor's partner in the project with a 15 percent stake, announced the spud on Tuesday…
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