Denmark has awarded its first licenses to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies, the country's climate and energy ministry said on Monday. Denmark has set a target of reaching net zero carbon…
Trinidad and Tobago's Prime Minister Keith Rowley on Friday told Parliament his government had been in touch with Venezuela following U.S. license to jointly develop a key gas field, and the first meetings to begin negotiations have been set up…
Iran signed a $900 million contract on Saturday with Iranian Offshore Engineering and Construction Co (IOEC) to develop the first phase of its Kish offshore gas field in the Gulf, state television reported. Under the contract, IOEC is to launch…
Norwegian offshore seismic data acquisition and processing firm TGS said Monday it had signed a memorandum of understanding to carry out a proprietary 4D OBN survey in Walker Ridge canyon in the U.S. Gulf of Mexico. The survey is planned to start in the third quarter of 2023…
Woodside Energy Group and its partners on Monday formally committed to working rapidly to pick the best option for developing the Greater Sunrise natural gas field, factoring in for the first time the potential benefits for East Timor. The Sunrise Joint Venture…
Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process, aiming for a third quarter launch…
A Canadian offshore oil regulator said on Friday that it has licensed a significant discovery by Equinor near the country's Atlantic coast. Global oil companies are pumping billions of dollars into offshore drilling because they can turn profits at lower prices than some onshore production…
Veritas Capital has completed the acquisition of energy industry intelligence company Wood Mackenzie from Verisk.The acquired company will be led by Mark Brinin, who has been promoted from Co-President to Chief Executive Officer. Joe Levesque…
Offshore drilling company Stena Drilling said Friday it had signed a drilling contract with the oil and gas company Ithaca Energy in the UK.The contract is for Stena Drilling's Stena Spey midwater semi-submersible drilling rig.Under the contract with Ithaca Energy…
Swedish company Echandia said on Friday that it had received an initial order for battery systems that will help a jack-up drilling rig in the Middle East reduce emissions and use energy more efficiently.According to the company, hybridization…
Chevron Australia has hired ABL Group (ABL) to do marine warranty surveys (MWS) for the Jansz-Io Compression project off the coast of Western Australia.Part of the original development plan for the Chevron Australia-operated Gorgon Project,…
Several dead whales have recently washed up on the shores of New York and New Jersey, with environmental groups blaming the offshore wind industry and calling for its halt.The National Ocean Industries Association (NOIA), which represents the…
February will be a month of contrasts for U.S. offshore wind industry. On the positive side, BOEM is moving forward with lease negotiations for an East Coast floating wind pilot array, and six developers submitted over 100 proposals in response to New York’s third offshore wind solicitation…
Norwegian offshore wind vessel owner Edda Wind has secured a one-year contract extension with Ørsted for its Edda Mistral vessel.Since its delivery in 2018, the Service Operation Vessel (SOV) Edda Mistral has been operating for Ørsted at the Hornsea 1 offshore wind farm in the United Kingdom…
Marine Power Systems is collaborating with cable manufacturer FibreMax to provide integrated floating foundation and tendon solutions to the growing floating offshore wind sector.The tendon solution will be used in the anchoring and moorings of Marine Power Systems tension leg platform (TLP)…