FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…
The UK is the world leader in installed offshore wind capacity, and with thousands of turbines nearing the end of life in the next few years, the country might become a leader in wind turbine blade recycling, a new study has found.'The wind…
Equinor on Friday said production was still down at its Titan oil platform in the Gulf of Mexico, which it said had sustained limited damage due to Hurricane Ida.Some 76% of crude production, or 1.39 million barrels per day (bpd), and over 1…
Germany's power network agency said on Thursday it had awarded licenses to build 958 megawatts (MW) of offshore wind capacity at zero subsidy for commissioning in 2026 in the country's North Sea and Baltic Sea territories.The winners of the…
Offshore cable construction and installation firm Nexans has said it has entered into exclusive negotiations with an unnamed 'leading developer' to supply and install onshore and offshore export cables for 'a significant' offshore wind farm in the UK…
Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, completing Moscow's project to increase its gas export capability and bypass Ukraine, but flows have yet to be cleared by regulators.The much…
Renewable energy firms RWE and NTE, and offshore services company Havfram, have signed a deal to jointly participate Norwegian government’s tender for floating offshore wind energy, which will begin later this year. By 2030, Norway, one of Europe's largest oil and gas producers…
UK-based oil and gas firm Deltic Energy has informed that a 3D seismic survey is set to start started at its Licence P2428 and surrounding areas in the UK Southern North Sea.Deltic last month said that Cairn had agreed to acquire a 60% interest…
Marine seismic data firm ION Geophysical has announced the third phase of its Mid North Sea High 3D seismic data acquisition multi-client program.'The Mid North Sea High program covers one of the few remaining underexplored areas offshore the UK…
Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia…
Two weeks of losses in U.S. offshore energy production spiraled on Thursday, with prolonged outages from Hurricane Ida leading to oil contract cancellations around the globe. Three-quarters of U.S. Gulf of Mexico oil production remained offline…
Santos sealed an agreement to buy Oil Search to create a global top 20 oil and gas company, the companies said on Friday, even as the Papua New Guinea government raised concerns that a takeover could harm national interests.The deal will make…
Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling firm RMS said on Thursday.Ida, one of the most powerful hurricanes ever to strike the area…
U.S. oil offshore losses remained at 76% on Thursday after Hurricane Ida hit the Gulf of Mexico, according to government data, which prolonged outages and caused the first oil cargo shipment cancellations to buyers in Asia.Production should…
Danish offshore crew transfer specialist MHO has earlier this week taken delivery of two hybrid crew transfer vessels, after what was described as an ultimate sea trial.Namely, the vessels arrived in Esbjerg, Denmark after a 12,000 nautical mile journey from China…