Northern Ireland-based Decom Engineering has secured three decommissioning contracts worth over $635,000, marking its entry to the Australian decommissioning sector and strengthening its position in the Asia Pacific region.The decommissioning…
Oil and gas company BW Energy has started production from the DHBSM-1H well in the Hibiscus South field on the Dussafu license, offshore Gabon, five months after making the initial discovery.Production performance from the well has been in line…
China’s state-run China National Offshore Oil Corporation (CNOOC) has made a major oilfield discovery in deepwater area of South China Sea, named Kaiping South, adding over 100 million tons of oil equivalent proved in-place volume.The Kaiping South Oilfield is located in the eastern South China Sea…
Italian energy giant Eni has made a significant oil and gas discovery in block CI-205, offshore Côte d'Ivoire, in West Africa.The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021…
Dutch company Enersea has designed a support frame for carbon capture and storage (CCS) project in the North Sea.According to Enersea, the support frame enables the connection between an existing jacket and a new CCS topsideGoal of this project…
The U.K. government has approved $1.27 billion for the next contracts for difference (Cfd) auction round, which is the biggest ever funding boost for its flagship renewables support scheme.The budget for the sixth CfD allocation round signals…
Spanish utility Iberdrola said on Thursday it is launching a bid to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not hold in a deal that would amount to about $2.49 billion.Iberdrola said it is offering $34…
Equinor and Polenergia have awarded a contract to RockWave for subsurface data reprocessing for Baltyk 1 offshore wind farm in Poland.The contract scope entrusted to RockWave for the 1.56 GW offshore wind farm involves the reprocessing of sparker…
Renewable energy industry supplier Ocean Geophysics has introduced an AI-driven boulder identification tool, which is expected to reduce development risk, time and cost for developers of offshore wind farms.Large, individual boulders as well as boulder fields with thousands…
UK-based Viaro Energy has received regulatory from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field license, following the recently completed acquisition agreement with EnQuest. Under the terms of the sales and purchase agreement…
MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane…
The fabrication of a floating production storage and offloading (PFSO) for the Raia project in Brazil, operated by Equinor on behalf of the Raia project consortium, has officially started at Seatrium’s BrasFELS Shipyard.The strike steel ceremony…
Challenger Energy has, through its wholly-owned Uruguayan subsidiary CEG Uruguay, entered into farm-out agreement with Chevron for the 60% interest in the AREA OFF-1 block offshore Uruguay.As part of the agreement, Chevron will acquire a 60% participating interest in the AREA OFF-1 block…
Harland & Wolff Group has signed a five-year master services agreement for the fabrication of large structures with oil services company supplying subsea infrastructure for global oil and gas developments.Harland & Wolff has received its first…
Corio Generation, a Macquarie Group company, has deployed Light Detection and Ranging (LiDAR) systems for offshore wind projects in the Philippines.To support its development strategy, LiDARs have been installed in the vicinity of sites in Guimaras and Cavite…