Offshore services firm DeepOcean said Monday it had mobilized its first Autonomous Inspection Drone (AID), which it says 'can unlock substantial cost savings for operators of offshore wind farms and oil and gas fields. 'The subsea drone has been mobilized on board the Edda Fauna subsea Inspection…
Ship design company Ulstein Design & Solutions has designed an offshore wind installation vessel that it says is 'a safer, smarter, and more competitive ship design solution for transporting, upending and installing large monopiles on DP.'The patent-pending U-STERN design…
South America's fastest growing oil producer has turned down the Indian government's request for discounted crude oil purchases during trade discussions, Guyana Vice President Bharrat Jagdeo said on Thursday.Guyana's oil production in total has tripled from a year ago to about 380…
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security. The 'LionLink' interconnector will be able to transfer 1…
Floating wind is viewed as the final frontier for offshore wind as turbines can be installed in deeper waters than fixed-bottom foundations, harnessing stronger and more continuous wind to generate more power.There are two main types of tender for traditional and floating wind projects…
After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs…
Energy ministers from European countries surrounding the North Sea are set to pledge to quadruple offshore wind energy capacity by the end of the decade as they aim to turn the region into an engine of renewable power. Seven European Union countries…
Spanish renewable energy firm Iberdrola has signed a long-term power supply deal with Salzgitter Group.Under the agreement, Iberdrola's Baltic Eagle offshore wind farm in the German Section of the Baltic Sea will deliver electricity for Salzgitter's project to produce carbon-neutral steel…
South Korea's Korea Hydro & Nuclear Power, Samsung Heavy Industries, and Denmark's Seaborg Technologies have created a consortium to develop floating nuclear power plants with Seaborg Technologies' innovative molten salt reactor technology.The…
Oil and gas company Sintana Energy said Friday that over 50% of 3D seismic survey data has been gathered from Petroleum Exploration License 87 (“PEL 87”) and the surrounding area in the Orange Basin offshore Namibia. To remind, Australian oil…
Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows.With hydropower expected to generate an additional 11…
Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse liquefied natural gas (LNG) project on Friday after the company reported a decline in first-quarter sales revenue relative to the December quarter…
On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production…
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft 'alliance' plan. The plan is set to be announced at a…
Heerema Marine Contractors has installed what has been described as the world’s first unmanned High Voltage Direct Current (HVDC) offshore substation at the Dogger Bank Wind Farm project site in the UK North Sea.The substation is the first of three platforms…