Offshore Energy News


Nigeria Looks to Double Energy Investment Within Five Years

Sep 03, 2026

Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said on Thursday, as nations seek partners they can 'trust' after supply disruptions from the wars in Iran and Ukraine…

Chevron, ENI, Geopark Signs Energy Agreements in Venezuela

Sep 02, 2026

Oil producers U.S. Chevron, Italy's ENI and Colombia's Geopark are among the companies set to sign energy agreements in Venezuela as soon as Wednesday, three sources close to the preparations said.Other companies planning to ink agreements include power company GE Vernova…

COLI Group Delivers 14 Transformers for Baltica 2 Offshore Wind Farm

Sep 01, 2026

COLI Group has recently completed a six-month transport project for GE Vernova, moving 14 large power transformers from GE Vernova's Turkish factory to a job site in Poland supporting the Baltica 2 offshore wind farm. The cargo was shipped across three voyages on three separately chartered vessels…

Norway Approves Request to Delay Offshore Wind Farm License Application

Aug 21, 2026

The Norwegian energy ministry on Friday approved a request from the developer of the country's first commercial offshore wind farm to delay a licence application deadline by one year.The ministry granted operator Ventyr the extension until October 15…

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

Aug 21, 2026

TenneT has completed the directional drilling under the beach and part of the seabed at Maasvlakte. Nine plastic protective conduits have now been laid in the boreholes, forming a protected passage for the electricity cables of the offshore wind farms…

US Proposes Seabed Mining Auction off Northern Mariana Islands

Aug 18, 2026

The U.S. Interior Department on Monday proposed a sale this year of deep-sea mining leases in U.S. waters surrounding the Northern Mariana Islands, the latest step in President Donald Trump's push to expand domestic supplies of critical minerals…

ExxonMobil awards $1.1B in Contracts for LNG project

Aug 18, 2026

ExxonMobil awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.The U.S. oil major awarded the contracts on behalf of the so-called Area 4 partners, which…

Deepwater FIDs Set to Drive Sub-Saharan Africa Production Growth

Aug 18, 2026

Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…

Equinor Buys $940m Stake in Gas-Fired Power Plant

Aug 17, 2026

Norwegian energy group ‌Equinor said on Monday it has agreed to buy a stake in a gas-fired power plant in the U.S. state of Pennsylvania, seeking to benefit from rapidly growing electricity demand from data centres and other industry.Equinor will pay $940 million…

Tekmar Receives $1m Contract for Offshore Wind Concrete Protection

Aug 17, 2026

Tekmar Group plc, a provider of asset protection technology and offshore energy services, announced it has been awarded a USD$1.16 million (c.€1 million) contract with a submarine cable contractor for concrete protection solutions as part of…

CAPE Holland, GBM Works Sign MoU to Commercialize Vibrojet

Aug 12, 2026

CAPE Holland, a Venterra Group company, and GBM Works have signed a Memorandum of Understanding (MoU) to jointly further develop and commercialize Vibrojet worldwide. Vibrojet is an installation technology for offshore wind monopile foundations…

81m Acres Opened in Gulf of America Lease Sale

Aug 12, 2026

The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the second since the U…

Vietnam Mulls Second LNG Term Contract After Deal with Shell

Aug 12, 2026

State-controlled Petrovietnam Gas is sounding out suppliers for a possible tender to procure liquefied natural gas under a five-year contract, according to a document reviewed by Reuters.If agreed, it would be Vietnam's second term contract after a deal with Shell earlier this year…

RWE, Trump Reach $1.22b agreement to Cancel Offshore Wind Leases

Aug 06, 2026

German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangement is the fifth…

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