Danish offshore wind farm developer Ørsted on Tuesday said it would develop South Korean offshore wind projects with a potential capacity of up to 1.6GW off the coast of Incheon City. Ørsted said its projects in Incheon could provide clean energy to 1…
Ivory Coast-based energy firm Foxtrot International will invest $315 million to increase its gas output by a third by 2022 to meet the West African nation's growing power needs, the firm's general manager told Reuters on Monday.Ivory Coast,…
German oil and gas company Wintershall Dea has set greenhouse gas reduction targets for its production activities (scope 1 + 2 emissions, operated and non-operated upstream activities at equity share basis). The company said Monday it wanted to achieve net zero operations by 2030…
Marine and offshore survey company Ocean Infinity, which recently announced plans to build the world's largest fleet of unmanned surface vessels - the Armada, is now adding what it says are 'world's largest marine robotic vessels' to the Armada fleet…
BP has agreed to sell its London headquarters for 250 million pounds ($332 million), a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy.BP also agreed to lease 1 St James's…
Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region.NATO members Turkey and Greece are locked…
Offshore energy and marine consultancy AqualisBraemar will acquire marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed group AqualisBraemar, which offers consultancy services to the offshore energy industries…
Renewable energy giant RWE has agreed to sell to Greencoat a 49% stake in the Humber Gateway wind farm offshore the UK for GBP 648 million ($863 million). 'The disposal is part of RWE’s capital rotation program and the proceeds will be used to finance further growth in the renewable energy business…
The offshore wind industry has made great strides to become a cost-competitive option for grid and off-grid energy solutions. And today, the industry is growing faster than ever before, both in the well-established European market and in newer ones such as in China…
Swedish marine survey company MMT has awarded a long-term contract for SeaMar Group's Deep Helder offshore support vessel.To contract comes following the recent six-month deal previously awarded for the vessel for work on the east coast of the U…
The year 2020 is on course to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century, energy intelligence firm Wood Mackenzie said in a report this week, adding that the activity is expected to bounce back in 2021…
Norwegian oil firm Equinor has been granted authorization to drill two wells at the Blasto prospect in the North Sea, off Norway.The Norwegian Petroleum Directorate said Friday it had granted Equinor a drilling permit for wildcat well 31/2-22…
Cargotec's MacGregor has delivered a riser pull-in system for China-based oil firm CNOOC's Lingshui 17-2 semi-submersible production platform.The deepwater semi-submersible production unit is intended for operation in a deepwater natural gas field in the Qiongdongnan Basin…
Offshore Renewable Energy (ORE) Catapult, UK-based innovation center for offshore renewable energy, is looking to lower costs and speed up the production of the wind turbine blade designs of the future with investment in a prototype blade manufacturing facility…
Dutch offshore survey services provider Fugro has completed a large site characterization field program off the coast of Massachusetts for Mayflower Wind, a joint venture between Shell New Energies and Ocean Winds.The 6‑month program involved…