Offshore Energy News - page 7


BlackRock to Acquire Global Infrastructure Partners in $12.5B Deal

Jan 15, 2024

BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.The deal, which includes $3 billion in cash and 12 million BlackRock shares…

Developers Submit EIA for 1.3GW Floating Wind Project Offshore Italy

Jan 15, 2024

The Environmental Impact Assessment (EIA) procedure has begun for Odra Energia, the proposed 1.3 GW floating offshore wind project that the partnership between Renantis and BlueFloat Energy plans to develop off the southern coast of the province of Lecce in Italy…

QatarEnergy Stops Red Sea LNG Shipping Due to Attacks

Jan 15, 2024

QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed…

Beacon Offshore Makes FID for Winterfell Discovery in Gulf of Mexico

Jan 15, 2024

Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision (FID) to develop the Winterfell discovery in the Gulf of Mexico, with the first oil expected in the second quart of 2024.The Winterfell discovery…

Constellation and HMH Ink BOP Maintenance Deal for Three Semisubs

Jan 15, 2024

Constellation and HMH have signed integrated maintenance support contract for the Blowout Preventers (BOPs) of the semi-submersible drilling platforms Alpha Star, Gold Star and Lone Star.The Contractual Services Agreement (CSA) will last for five years…

US DOE’s TEAMER Awards $1.3M to Marine Energy Researchers

Jan 12, 2024

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) Program, supported by the U.S. Department of Energy (DOE), has selected 10 projects to share $1.3 million for marine energy-related research.The projects have been selected…

Brand New Jacket and Topside Set Sail to Fenix Gas Project Off Argentina

Jan 12, 2024

Italian engineering firm Rosetti Marino has completed the construction of jacket and topside for the Fenix wellhead platform, which are now en route to Tierra del Fuego in southern Argentina.Rosetti Marino built Fenix platform’s topside and…

EU Adds 17GW of New Wind Energy in 2023

Jan 12, 2024

The European Union has built 17 GW of new wind energy in 2023, with 3 GW of new capacity coming from offshore wind farms.The WindEurope data shows that Germany built the most new wind capacity followed by the Netherlands and Sweden. The Netherlands built the most new offshore wind…

Oil Prices Rise Over 2.5% After US-UK Strikes in Yemen

Jan 12, 2024

Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…

ExxonMobil’s Prosperity FPSO Achieves Background Flare in 39 Days

Jan 12, 2024

ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project, achieved background flare in 39 days, ahead of the 60-day target.Achieved ahead of schedule outlined in the project’s environmental permit…

New Well at Denmark's Largest Offshore Gas Field Gets Go-Ahead

Jan 12, 2024

The Danish Underground Consortium (DUC) has reached final investment decision (FID) to drill a new well on the Harald East area, located close to the Norwegian border, with the gas planned to be exported through the Tyra East facilities.DUC…

Rebuilding the Foundations of US Offshore Wind

Jan 11, 2024

As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been…

MODEC Contracts Jumbo Offshore for FPSO Errea Wittu Job

Jan 11, 2024

Jumbo Offshore has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil…

Minesto’s Utility-Scale Tidal Energy Kite About to Take Off

Jan 11, 2024

Swedish tidal energy company Minesto has completed the installation of subsea infrastructure and verified the launch and recovery procedures for the 1.2 MW tidal energy device that will soon be deployed offshore Faroe Islands.The device, dubbed Dragon 12…

Global Energy Group Gets Subsea 7 Contract for Aker BP's North Sea Field

Jan 11, 2024

Global Energy Group (GEG) has secured a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development. The work will be executed from the Port of Nigg, a multi-user energy facility in the Cromarty Firth…

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