Italy said on Friday it had received 64 expressions of interest to build offshore wind farms following a tender launched by the ecology transition ministry.Italy is keen to boost the development of offshore renewable energy plants to help reach…
Spanish renewables giant Iberdrola has informed that it has started construction work for the Vineyard Wind 1, the United States' first large-scale offshore wind farm.The offshore wind farm will be located off the coast of Massachusetts. It…
The Business Network for Offshore Wind held its first Ventus Awards Gala on Thursday in Washington D.C.According to the organizers, the event brought together more than 200 people to celebrate the industry’s accomplishments, milestones, and the individuals…
Brazilian oil company Petrobras has said it has identified the presence of hydrocarbons in a pioneer well in the Aram block, in the Santos Basin pre-salt, offshore Brazil.The well 1-BRSA-1381-SPS (Curaçao) is located 240 km from the city of Santos…
Germany's energy regulator has temporarily halted the certification process for the Nord Stream 2 gas pipeline, requiring the Swiss-based, Gazprom-led consortium behind the infrastructure to form a German subsidiary to secure a licence.Following…
Industries including energy, steel, and chemicals are looking to develop large-scale hydrogen applications to help reduce carbon emissions and avert global warming.Although hydrogen is the most abundant element in the universe, it's very scarce as a gas…
Petroleo Brasileiro SA is expected to commit between $60 billion and $70 billion in capital expenditure (capex) in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas…
Norway's petroleum output in October rose from the previous month, exceeding official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output increased to 1.82 million barrels per day (bpd) in October from 1…
Oslo-listed offshore seismic data acquisition firm Magseis Fairfield has secured 4D Ocean Bottom Node (OBN) survey gig in the Gulf of Mexico from an undisclosed repeat client.The survey will be conducted with Magseis Fairfield’s ZXPLR technology…
Belgian offshore installation firm DEME Offshore has confirmed that the installation of foundations at the Saint-Nazaire offshore wind farm in France has reached a halfway point.The news follows DEME Offshore's previous announcement regarding…
Norwegian offshore support vessel firm Solstad Offshore has secured a term contract for the platform supply vessel Far Symphony in the UK North Sea.The contract is with the UKCS-focused oil and gas company Ithaca Energy.Under the charter, the platform supplier…
Ashtead Technology, a UK-based offshore energy services and technology company, announced Thursday that it had received strong support from new institutional investors and will begin trading on the London Stock Exchange's Alternative Investment Market on Tuesday…
Pharos Energy plc, an oil and gas exploration and production company, with an interest in the TGT field offshore Vietnam, has completed the first phase of the infill development drilling program at the field, however, it has also experienced a setback with an FPSO compressor…
Scottish floating tidal turbine developer Orbital Marine Power has entered a strategic partnership with offshore energy services giant TechnipFMC ( to speed up the global commercialization of Orbital’s tidal energy technology. TechnipFMC will also become a shareholder in Orbital…
U.S. oil major ExxonMobil has awarded a drilling contract to drilling contractor Stena Drilling for the Stena Forth drillship.ExxonMobil will use the drilling rig for operations offshore Eastern Canada, in the second half of 2022. The contract is for one firm well…