Two Ulstein-designed Service Operation Vessels (SOV) for Shanghai Electric were launched at the ZPMC construction yard in China on Saturday, September 16.The two vessels are of the ULSTEIN SX195 and SX197 design, carrying 100 POB and 60 POB…
Eneti's offshore installation services subsidiary Seajacks UK has signed a vessel reservation agreement with an undisclosed client to transport and install turbines.With mobilization starting in the first quarter of 2027, the contract will be…
Lighting solutions specialist Glamox has won a contract from the Chinese shipbuilder Yantai CIMC Raffles Offshore Limited to light Havfram Wind’s two new Wind Turbine Installation Vessels (WTIV). These new vessels will be capable of installing…
The floating offshore wind project DemoSATH has started generating electricity, off the coast of Spain.DemoSATH, led by the Spanish engineering firm Saitec Offshore Technologies, in collaboration with the German energy company RWE Offshore Wind and the Japanese company KEPCO…
Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia.'Another 24hr stoppage has been applied across all 3 facilities with 15% of…
UK North Sea-focused oil and gas company Orcadian, which is working to develop the Pilot oil field, has entered into a non-binding Heads of Agreement with an unnamed North Sea operator, which details a potential farm-out of the Pilot development project…
Seismic group TGS, a supplier of key data to the oil industry, has agreed to buy loss-making rival PGS in an all-share deal valued at 9.3 billion Norwegian crowns ($864 million), the two Oslo-listed companies said on Monday.The groups expect 'significant economies of scale' from the combination…
Community Offshore Wind is the first offshore wind developer to sign a cooperative research and development agreement with the National Oceanic and Atmospheric Administration (NOAA).Community Offshore Wind, a joint venture between RWE and National Grid Ventures…
The state of California has sued major oil companies including Exxon Mobil, Shell PLC, and Chevron, accusing them of playing down the risks posed by fossil fuels, according to a court filing on Friday.The lawsuit, which also targets BP and ConocoPhillips…
Italian energy group Eni has won a second carbon dioxide storage licence in Britain, the company said on Friday. The new licence is for the depleted Hewett gas field located 20 kilometers (12.4 miles) offshore Bacton, in the southern North Sea sector of Britain…
Norway's $1.4 trillion sovereign wealth fund, the world's largest, revealed stricter demands on Friday for how companies it invests in should handle climate risk, telling boards to move from target setting to transition planning.The fund, which…
President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain delays, according to forecasters and industry insiders…
Spain-based renewable energy giant Iberdrola said Friday that its Brazilian subsidiary Neoenergia had signed a memorandum of understanding (MoU) with the Government of Rio Grande do Norte to develop studies for offshore wind development in the state's coastal region…
After several short-term charter extensions, the Norwegian FPSO leasing firm BW Offshore has closed the transaction for the sale of the Abo FPSO.BW Offshore will sell the FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million…
Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), is running tests at the University of Edinburgh’s FloWave facility, to determine the potential for floating platforms that can be used by both offshore wind and wave energy devices…