Floating wind farm developer Hexicon Korea has agreed to sell its entire Yeonggwang Project, a floating offshore wind project off the south-west coast of South Korea, to an undisclosed major energy company.'Hexicon Korea thereby sells off its 40 percent stake in the project…
Offshore oil and gas safety regulator The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has laid three charges against Hibernia Management and Development Company Ltd. (HMDC) for alleged offenses related to a spill of petroleum…
Seismic data companies TGS and CGG said this week they were successful in their respective bids in the auction process conducted in relation to their rival's ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United…
The Irish-based oil and gas company Providence Resources, focused on developing the Barryroe field in the Celtic Sea, off Ireland, has appointed Alan Curran as Interim Chief Executive effective.Following Curran's appointment, James Menton reverts to his role as non-executive Chairman of the Board…
Malaysia Perdana Petroleum has secured a work order extension from Petronas Carigali for the provision of an anchor handling tug & supply vessel.The initial contract lasted from August 4, 2021, until June 14, June 2022. Subsequently, Petronas…
The British government said on Wednesday that plans to bolster the country's energy security, diversify away from fossil fuels, and protect consumers from spiraling prices are set to become law.Britain's energy security bill will be introduced…
Dutch/German grid operator TenneT said Wednedsay that in the tendering process for the award of the contract to build the 235-kilometre-long offshore grid connection system BorWin6, has now also awarded the contract for cable pro-duction and laying…
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…
TenneT, the German/Dutch grid operator, said on Tuesday it plans to invest a combined 22 billion euros ($22.5 billion) in developing the Dutch electrical grid onshore and offshore over the next decade.In a statement, the company said it had…
Caspian Pipeline Consortium(CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days, although sources said exports were still flowing.CPC…
Solstad Offshore has sold the platform supply vessel Normand Aurora for an undisclosed fee.The Norwegian offshore vessel owner said that the delivery of the vessel to the new owner took place Tuesday, July 5, 2022.While Solstad did not say who the buyer was…
Oil and gas company Neptune Energy has joined OGCI's Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030. Developed by the Oil and Gas Climate Initiative (OGCI), the initiative aims…
Oilfield services firm TechnipFMC has signed a letter of intent with the Norwegian oil company Equinor for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.The study will finalize the technical solution for the…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract with Woodside in Australia for a 4D baseline survey work over gas fields in the Carnarvon Basin Australia. The survey is expected to take 2-3 months to acquire, and will be conducted by the Geo Coral vessel…
Shell has made the final investment decision for Holland Hydrogen I, which, when completed in 2025, will be Europe's largest renewable hydrogen plant. The plant will be powered by electricity produced from an offshore wind farm in the Dutch section of the North Sea…