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Offshore Carbon Storage Project in Danish North Sea Receives Safety Approval from DNV

Jun 14, 2023

The offshore carbon storage project in the Danish North Sea, called Project Greensand, has received official safety approval from DNV.'The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change…

Equinor Aims to Boost Brazil Offshore Oil Output Over Next Decade

Jun 14, 2023

Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects, especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday.The company aims to boost output to more than 500…

Shell to Sharply Boost Dividend, Keep Oil Output Steady in New CEO Plan

Jun 14, 2023

Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.In a new financial framework announced on Wednesday…

Dutch Intelligence Tipped CIA on Alleged Ukraine Plan to Attack Nord Stream -NOS

Jun 13, 2023

A Dutch intelligence agency tipped off the CIA about an alleged Ukrainian plan in June 2022 to blow up the Nord Stream pipeline, Dutch national broadcaster NOS reported on Tuesday.The NOS report, which was compiled with help from leading German media outlets…

Semco Maritime, PTSC M&C to Build Substations for Poland's 1.5GW Offshore Wind Farm

Jun 13, 2023

The PGE Group and Ørsted have awarded an engineering, procurement and construction (EPC) contract for four 375 MW offshore substations for the Baltica 2 project in Poland to a consortium consisting of Semco Maritime and PTSC Mechanical & Construction…

Vard Cuts First Steel in Vietnam for North Star's Service Operations Vessel

Jun 13, 2023

Shipbuilder Vard on Monday held the steel cutting ceremony for a North Star service operation vessel at Vard Vung Tau in Vietnam.This is the fourth SOV to be delivered from VARD to North Star for operation on the Dogger Bank offshore wind farm in the UK North Sea…

Equinor Chooses DORIS as Owner's Engineer for Offshore Wind and Low Carbon Projects

Jun 13, 2023

Norwegian energy firm Equinor has selected the engineering firm DORIS to provide Owner’s Engineering services under a Master Services Framework Agreement for offshore wind and low-carbon projects. Across the five-year agreement, DORIS will provide…

Indian Oil Firm Moves 36 Offshore Drilling Rigs Ahead of Monsoon Season

Jun 13, 2023

India’s Oil and Natural Gas Corporation (ONGC) has recently moved 36 offshore drilling rigs to new locations in advance of the monsoon season, with assistance from ABL.'ABL have assisted as tow master and marine warranty service (MWS) provider on the rig moves…

'Encouraging' Drilling Result Offshore Guyana as Frontera, CGX Wei Well Reaches Total Depth

Jun 13, 2023

Frontera Energy Corporation, in partnership with CGX Energy, said Tuesday it had reached total depth (TD) of 20,450' on the Wei-1 bypass exploration and appraisal well (Wei-1BP1), offshore Guyana.The original Wei-1 wellbore reached a depth of 19…

UK's Offshore Wind Pipeline Nearing 100GW

Jun 13, 2023

The UK’s pipeline of offshore wind projects has reached 97,944 MW, up from 91,287MW a year ago, while the global pipeline topped 1.23TW, an increase of nearly 400GW in the last year. This is according to RenewableUK’s latest EnergyPulse market intelligence data report…

VIDEO: Cadeler Installs Final 11MW Turbine at Dutch Offshore Wind Farm

Jun 13, 2023

Danish offshore wind installation services firm Cadeler said Tuesday it had completed the installation of the final offshore wind turbine at Vattenfall's Hollandse Kust Zuid wind farm in the Dutch North Sea.'With a capacity of 1.5 GW, [Hollandse…

Strohm to Supply TCP Jumpers for TotalEnergies' Moho Infill Project

Jun 13, 2023

Strohm, a company making Thermoplastic Composite Pipe (TCP), has been awarded a 3 million euros contract to supply carbon fibre/PA12 composite jumpers to Aker Solutions to support work being carried out at TotalEnergies’ Moho Infill project in the Republic of the Congo…

DNV, Institute of Energy Vietnam, and PTSC M&C Join Forces to Propel Vietnam's Offshore Wind

Jun 13, 2023

DNV, Institute of Energy Vietnam, and PTSC M&C have signed a memorandum of understanding to deliver one of Vietnam’s first offshore wind power assets.With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power…

Cost Inflation Could Add $280bn in Capital Expenditure for Offshore Wind Industry

Jun 13, 2023

In a Westwood survey on offshore wind cost inflation, nearly three-quarters of industry players indicated that they had started reviewing the viability of their projects in light of recent cost increases, with over 90% indicating that decision-making had slowed as a result…

TotalEnergies Makes Oil and Gas Discovery Offshore Nigeria. Eyes Tie-back to Ofon Field Facilities

Jun 13, 2023

French oil major TotalEnergies on Tuesday announced the Ntokon oil and gas discovery on OML102 block offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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