FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…
Swedish marine energy company Minesto has reached a key milestone with the delivery of first electricity to Faroe Island’s grid from its 1.2MW utility-scale Dragon 12 tidal energy device.In the early morning of February 9, the Dragon 12 device…
China National Offshore Oil Corporation (CNOOC) has put into operation the first domestically developed subsea Xmas tree.CNOOC’s subsea Xmas tree is 3.5 meters long, 3.2 meters wide and 3 meters high, with an overall weight of nearly 22 tons…
The contract for the Island Drilling’s semi-submersible Island Innovator rig has been terminated by Trident Energy due to safety concerns, putting the drilling campaign at the Block G, offshore Equatorial Guinea, on pause.The decision to terminate…
CRP Subsea, an AIS company, has been awarded a ‘sizable’ contract from a major engineering, procurement, construction and installation (EPCI) company for ultra-deepwater oilfield development in the U.S. Gulf of Mexico.The contract entails the…
The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Innovation Fund Denmark have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems.The announcement…
The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW)…
Japan’s largest power generation company JERA has signed a memorandum of understanding (MoU) to collaborate on LNG value chain development in Indonesia with PT PLN Energi Primer Indonesia (PLN EPI), a subsidiary of PT PLN Persero.Collaboration to establish a value chain for LNG…
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies' said.The liquefied natural gas (LNG) project in the Russian Arctic has faced challenges from U…
A consortium, led by Toshiba and Aquatera, has been awarded $1.9 million UK government funding to design a pilot microgrid project that will be powered by wave energy on a remote island in Thailand.Aside from Toshiba Europe and Aquatera, the consortium also includes Eco Wave Power…
EthosEnergy has signed a five-year master service agreement (MSA) with Harbour Energy for maintenance and support services across three production assets in the North Sea.The agreement, with an option to extend, will see EthosEnergy becoming…
Swedish tidal energy company Minesto has secured a $267,000 grant (SEK 2.8 million) from the Swedish Energy Agency to upgrade its mooring system.The grant will support the development and testing of the next generation mooring system by co-funding…
Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.Tower Resources received formal notification from the Minister of Mines, Industry and Technological Development…
Norwegian oil and gas company Aker BP has declared an option to extend the contract for Eidesvik Offshore’s supply vessel Viking Lady.The contract extension runs from February 2025 in direct continuation of the current contract, extending the firm period to February 2026…
US Forged Rings (USFR) has unveiled plans to invest $700 million to construct a state-of-the-art tower fabrication facility and a steel forging plant that would serve the U.S. offshore wind industry.The U.S.-based company will use these two…