The British government stood firm on its windfall tax on the oil and gas sector in a meeting with industry executives on Friday, two sources with knowledge of what was discussed said.Finance Minister Jeremy Hunt rebuffed requests from North…
Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…
Montrose Port Authority says the port is set to become the first Scottish port to provide shore power infrastructure to the energy sector.To enable shore power to offshore energy industry vessels, the port has partnered with with Plug Shore Power Ltd in a 50/50 joint venture…
Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…
French oil giant TotalEnergies, one of the last Western holdouts in Russia after the war in Ukraine, said it was withdrawing its two members from Novatek's board and would take a $3.7 billion hit to write off the value of its stake in the Russian group…
Mainstream Renewable Power, Ocean Winds, and Statkraft have signed a memorandum of understanding (MoU) with Aker Solutions, to collaborate on offshore wind at the Utsira Nord license area in Norway.Mainstream, Ocean Winds, and Statkraft are…
December was a month of major “firsts” in the U.S. offshore wind space. The first federal auction for offshore wind was held for the West Coast, and the first federal leases for commercial floating wind projects were provisionally awarded. These…
Global Port Services, owned by Global Energy Group alongside the Port of Nigg, has said it has secured multiple contracts to support its client Seagreen Wind Energy Limited (SWEL), with site enabling works for the pre-assembly construction of…
Norwegian offshore vessel operator Solstad Offshore's Normand Naley and Sea Frost platform supply vessels have been awarded five-year contracts by Equinor in the UK.Both contracts, of an undisclosed value, will be in effect for five years, starting in January 2023…
As the dust settles from Wednesday's California floating wind auction, and developers begin to discuss their plans, energy industry intelligence firm Intelatus says development of the floating wind manufacturing and installation supply chain must speed up…
Oil and gas company Borders & Southern Petroleum said Thursday it had secured the extension of its Production Licences PL018, PL019, PL020, including the Darwin Discovery Area, offshore the Falkland Islands.The offshore licenses were due to expire on the December 31…
The UK’s largest industrial union, Unite, said Thursday that around 146 members will begin strike action at the Petrofac Repsol installations on December 8 and 9, 'as a result of an ongoing, and increasingly bitter dispute over pay and working terms…
Boston Consulting Group (BCG) a consultancy and advisor on decarbonization to the maritime industry, and maritime classification society American Bureau of Shipping (ABS), have signed a memorandum of understanding to combine their technical…
Five developers selected to build the first floating wind farms in U.S. federal watersTo support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035…
The U.S. government's first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies seeking a foothold in the U.S. wind-power industry's expansion to the Pacific Ocean…