Offshore Engineer Industry News News - page 103


Colombia Delays First Offshore Wind Bidding Round

Sep 07, 2023

Colombia's first-ever bidding round to license maritime blocks for offshore wind farms has been delayed, the ministry of mines and energy said.The ministry continues to work on finalizing the tender documents alongside other government bodies…

TDI-Brooks Breaks Ground on New Technical Building

Sep 06, 2023

TDI-Brooks announced it has broken ground on a new 16,000 square foot technical building at its headquarters in College Station, Texas, north of of Houston.The building is designed with 5,000 square feet of new office space along with technical work spaces…

Greek Cable Maker Selected for Polish Offshore Wind Farm Work

Sep 06, 2023

Cenergy Holdings cables branch Hellenic Cables has signed a contract for the supply of export cables for the Baltica 2 offshore wind project in Poland.Under the contract awarded by Denmark's Orsted and Poland's PGE, Hellenic Cables will supply 148km 275kV export cables with XLPE insulation…

ABS Approves Bumi Armada's Floating Concept for Carbon Storage and Injection

Sep 06, 2023

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing…

US Offshore Wind Projects Seek Looser Subsidy Rules in Fight for Survival

Sep 06, 2023

A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction Act, according to project developers…

GHG Emissions from UK Offshore Oil and Gas Sector Dropped 3% in 2022, NSTA Says

Sep 06, 2023

Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022, the UK North Sea Transition Authority said Tuesday.'Last year’s estimated 3% reduction contributed to a 23% drop in greenhouse gas emissions between 2018 and 2022…

Danish Supreme Court Fules Against Maersk and TotalEnergies in Tax Case

Sep 06, 2023

Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies' business in Algeria and Qatar.The case was filed by the Danish tax authorities saying that Maersk's oil unit…

Narve Hansen to Lead Norway´s First Offshore Wind Accelerator

Sep 06, 2023

Norwegian Offshore Wind has hired former Antler director Narve Hansen to lead the work with Norway´s first offshore wind accelerator.  'My vision is to bring the industry together to shed light on the most critical challenges in offshore wind…

Port of Nigg in Scotland Selected for Marshaling Transition Pieces for Moray West Wind Farm

Sep 06, 2023

Offshore wind developer Ocean Winds has selected the Port of Nigg in the Cromarty Firth, Scotland, owned and operated by Global Energy Group (GEG), as the location for marshaling all 62 transition pieces (TPs) prior to installation as part of the Moray West offshore wind farm…

Polish Firm to Become Operator of Barents Sea CO2 Storage License

Sep 06, 2023

Norwegian carbon storage specialist Horisont Energi and the oil and gas firm PGNiG Upstream Norway (PUN), part of Poland-based ORLEN Group, have signed a Letter of Intent (LoI) whereby PUN aims to enter as partner and operator in the only CO2 licence in the Barents Sea - Polaris…

Orsted CEO Says Abandoning US Wind Projects a 'real option'

Sep 06, 2023

Denmark's Orsted, the world's largest offshore wind farm developer, is prepared to walk away from projects in the U.S. unless the Biden administration guarantees more support, Bloomberg News reported on Tuesday, citing the company's CEO. 'We are still upholding a real option to walk away…

Indonesia Scrambles to Boost Use of Gas in Energy Transition

Sep 05, 2023

Natural gas will play a key role in Indonesia's energy transition, thanks to discoveries in past years as oil production declines, energy official Tutuka Ariadji said on Tuesday.The southeast Asian nation, which is stepping up development of gas projects such as Masela…

Oil Jumps as Saudi Arabia and Russia Extend Supply Cuts to end-2023

Sep 05, 2023

Oil prices spiked more than 1% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their voluntary supply cuts, stretching a combined 1.3 million barrel per day (bpd) reduction for another three months through December.Brent crude futures for November were up $1…

Woodside's Unions Settlement Costs at Australia LNG Project Moderate - CEO

Sep 05, 2023

Woodside Energy faces increased costs following negotiations with unions at its Australian liquefied natural gas (LNG) plant, but these will have a relatively modest impact on its overall business, CEO Meg O'Neill told Reuters on Tuesday.Last month…

CorPower Ocean Installs First Commercial Wave Energy Converter Offshore Portugal

Sep 05, 2023

CorPower Ocean,a Sweden-based developer of wave energy converters (WEC), said Tuesday it had installed its first commercial-scale WEC in northern Portugal, 'as it accelerates towards making wave energy a bankable technology for mass deployment…

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