Carnarvon has informed that the joint venture in charge of Dorado project, one of the largest offshore oil discoveries in Western Australia, is finalizing the assessment of key optimization opportunities, expected to improve project economics and significantly lower upfront CAPEX…
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.Pursuant to the signed agreement, Chevron as the operator will retain a 40% interest, while Paradise Oil Company…
Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has selected Fugro to perform a geotechnical investigation of their lease area in the New York Bight.With 3 GW of offshore wind energy potential, the developed…
SK Innovation, parent of South Korea's largest oil refiner and battery maker SK On, said on Wednesday it will merge with energy affiliate SK E&S as the nation's No. 2 conglomerate undertakes a major overhaul to boost profitability.The move, which creates a 100 trillion won ($72…
U.S.-based offshore drilling company Diamond Offshore has made progress on the installation of Managed Pressure Drilling (MPD) equipment on its drillships, set for completion by the end of 2024.In early 2024, Diamond Offshore introduced MPD supervisors offshore to optimize operations…
Norwegian seismic company TGS has signed a global multi-year agreement with Shell to license the TGS Imaging AnyWare software suite, announcing also it has secured another contract for the Ocean Bottom Node (OBN) data acquisition work in North America…
The government of Australia has granted 12 feasibility licenses for the Gippsland Offshore Wind Zone, with the potential installed generation capacity of 25 GW.The news follows Australia’s governments move to approve six projects for feasibility…
The Vineyard Wind offshore wind project off the coast of Massachusetts is shut down until further notice while authorities investigate a turbine blade failure that caused debris to wash up on beaches, a federal agency said on Tuesday.The U.S…
Bluestream, an OEG Renewables business, has secured a large remedial campaign on two offshore wind farms in the German sector of the Southern North Sea.Bluestream has been awarded a remedial campaign by Vattenfall and Stadtwerke München on the…
Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of the second commissioning service operation vessel (CSOV) for Taiwanese offshore wind operations.TSSM, the joint venture between Mitsui O.S.K. Lines (MOL) and Ta Tong Marine…
TGS, a global provider of energy data and intelligence, has secured an Ultra High Resolution 3D (UHR3D) acquisition contract in Europe.This 45-day contract reinforces and strengthens TGS' position in the offshore wind, data and characterization market…
Samsung Heavy Industries has hired French engineering company GTT for tank design of a new floating liquefied natural gas (FLNG) unit as part of $4 billion Cedar LNG project in Canada.As part of the contract with Samsung Heavy Industries, GTT will design the tanks of the FLNG…
Renexia, a Toto Holding company active in the renewable energy sector, together with its partner Seas Geosciences, has entered the second phase of coring the seabed where the wind turbines of Med Wind, the 2.8 GW floating offshore wind farm project offshore Italy…
China’s state-run China National Offshore Oil Corporation (CNOOC) has informed that its first ultra-deep well in Bohai Bay achieved ‘high yield’, outperforming the targets set earlier.The Bozhong 19-6 condensate gas field D1 well, said to be…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) has secured an order for its PowerBuoy, equipped with Merrows, the artificial intelligence (AI) capable maritime domain awareness solution.The contract with an…
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