Energy News


Deep Wind Offshore, East West Power to Collaborate on Offshore Wind Projects in S. Korea

Jun 30, 2022

Norwegian offshore wind company Deep Wind Offshore has signed an agreement with South Korea's East West Power, to collaborate on projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea.    'We are extremely excited to collaborate with EWP on these projects…

Despite Record Growth in 2021, Offshore Wind Industry Falling Short of Net-zero Goals

Jun 30, 2022

The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency's net zero goals by 2030, a Global Wind Energy Council (GWEC) report said on Wednesday…

Rovco Nets UXO, Seabed Survey Deal at Dutch Offshore Wind Farm

Jun 30, 2022

Subsea and hydrographic survey services firm Rovco has signed a contract with the Dutch marine services contractor Van Oord to carry out subsea investigation works on Dutch offshore wind farm Hollandse Kust Noord. Rovco will perform an unexploded…

Solstad Offshore Wins Charters for Two CSVs

Jun 30, 2022

Norwegian offshore vessel owner Solstad Offshore has secured charters for the construction support vessels Normand Cutter and Normand Sentinel.The Normand Cutter has been awarded a contract with an unnamed customer in South America. The firm…

BP, Shell to Cover Employee Travel for Treatment after Roe v. Wade

Jun 30, 2022

Oil producer BP on Wednesday joined Shell in pledging to cover travel expenses for U.S. employee health care treatment following a Supreme Court decision overturning the Constitutional right to an abortion.Neither of the two European companies explicitly named abortion in their statements…

Transocean Takes Delivery of World's First 8th Generation Drillship

Jun 29, 2022

Singapore-based shipbuilder Sembcorp Marine has delivered the world's first 8th generation drillship, the Deepwater Atlas, to its owner Transocean.The Deepwater Atlas is the first of two ultra-deepwater drillships based on the Sembcorp Marine's Jurong Espadon 3T design…

Drydocks Orders Kanfa FPSO Topside Module

Jun 29, 2022

UAE-based shipyard Drydocks World has signed a contract with Norway-based Kanfa to deliver a topside module for a floating production storage and offloading vessel.In what will be the first collaboration between Drydocks World and Kanfa, the M10 module will be placed on the main deck of the FPSO…

BP Secures Rights to Offshore Block in Egypt

Jun 29, 2022

British oil major BP has won the rights to an exploration block in the Mediterranean Sea, offshore Egypt.Accoridng to a press statement sent to Offshore Engineer by BP, the company won the rights to the The King Mariout Offshore area, located…

KFO Fishermen to Have a Say in Irish Floating Wind Project. IFSA Chair Blasts the Deal

Jun 29, 2022

An interesting agreement has been signed in Ireland under which a local fishermen organizatino KFO will have a say in the development of an offshore wind project development in Ireland, dubbed one of the top five emerging markets for offshore wind…

RWE, Tata Steel In Collaboration for Celtic Sea Floating Wind Projects

Jun 29, 2022

Wales’ largest electricity producer RWE has entered a partnership with steel maker Tata Steel to explore the production of steel components that could be used in gigawatt-scale floating offshore wind projects in the Celtic Sea.'The co-operation…

Seismic Firm TGS Launches Takeover Offer for OBN Specialist Magseis Fairfield

Jun 29, 2022

Norwegian seismic data acquisition and processing company TGS is set to acquire all shares of the Norwegian ocean bottom node survey specialist Magseis Fairfield.TGS will put forward a voluntary exchange offer to acquire all shares of Magseis…

PHOTOS: First Dogger Bank Offshore Substation Reaches Norway

Jun 29, 2022

Following a long journey from Thailand, an offshore substation built for the massive Dogger Bank offshore wind project in the United Kingdom arrived at Aibel's yard in Haugesund on Saturday, aboard BigLift Shipping's heavy transportation vessel BigLift Baffin…

IEA: Norway Must Prepare for Faster Drop in Oil Demand

Jun 29, 2022

Norway must do more to prepare for a decline in its dominant oil and gas industry in the coming decades as other nations start to free themselves from petroleum dependence, the International Energy Agency (IEA) says in a new report.Western Europe's…

Octopus Energy Generation Buys Borssele V Offshore Wind Farm

Jun 29, 2022

A consortium of sellers, including Van Oord, has sold its shares in the Borssele V innovation offshore wind farm to Octopus Energy Generation, one of the largest renewable energy investors in Europe. Designated an innovation site, the Borssele…

Eidesvik Offshore Names Cotgrove as New CFO

Jun 29, 2022

Norwegian offshore vessel owner Eidesvik Offshore has named Helga Cotgrove as Chief Financial Officer (CFO). Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A…

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