ETZ Ltd and the Offshore Renewable Energy (ORE) Catapult have agreed to co-invest and collaborate in 'a world-leading' National Floating Wind Innovation Centre in Aberdeen.The center will be dedicated to accelerating the commercialization of…
Oslo-listed Subsea services company DOF Subsea has entered into an agreement with Otto Candies for the charter of the Jones Act compliant vessel Chloe Candies for a firm period of two years. The deal follows on from the charter of the Ross Candies…
Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian banks from a global payments system, which could cause severe disruption to its oil exports.Brent crude LCOc1 rose $4.82, or 4.9%, to $102…
French oil major TotalEnergies has won a bid to build three gigawatts (GW) of offshore wind power capacity on the New Jersey coast in the United States.The company said the $795 million deal is for the 341 sq km New York Bight concession, which…
The Modification Alliance – Aker Solutions and Aker BP have selected the Norwegian technology company Techouse to deliver the Sulphate Removal Unit (SRU) for the Valhall IP platform in the North Sea off Norway, after a FEED delivery in 2021…
Japanese construction firm Kajima Corporation and Dutch offshore installation contractor Van Oord have been selected as the preferred Balance of Plant contractors for three offshore wind projects in Japan. In December 2021 the Government of Japan selected three consortiums…
Energy industry logistics provider Peterson said Monday it had secured a new contract with Shell to provide supply base services from the Port of Lowestoft, in the UK.'The new contract follows the expiry of a 7-year-old contract and strengthens…
Australian oil and gas company Santos is downmanning the Noble Tom Prosser rig, used for Pavo-1 well drilling off W. Australia, due to a cyclone threat, Carnarvon Energy, Santos partner in the project said The well is being secured and the…
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.The auction, which began on Wednesday and stretched into Friday afternoon…
Oil and gas firm Chariot has been formally awarded the Rissana offshore license in Morocco, after agreeing on key terms in December 2020.The company has won a 75% interest and operatorship of the Rissana license in partnership with the Office…
The U.S. Coast Guard medevaced an oil platform worker last Thursday near Breton Sound, Louisiana.Coast Guard Sector New Orleans watchstanders received a notification at approximately 6:25 p.m. from the oil platform Breton Sound 21 of a worker sustaining serious injuries to the arm…
U.S. offshore oil producer Talos Energy Inc on Friday said it aims to file permit applications for several carbon capture projects this year, a key step to developing carbon sequestration hubs along the Gulf Coast.Talos is developing plans to…
Brazilian oil company Enauta said Friday that it had exercised the option for the Alpha Star drilling rig to drill two wells for Atlanta’s Full Development System, in the Santos Basin, offshore Brazil.As previously reported, Enauta said earlier…
Norwegian oil and gas company Equinor said Monday it had decided to stop new investments into Russia and to start the process of exiting Equinor's Russian Joint Ventures.'We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world…
OIl and gas company Neptune Energy has started drilling on the Hamlet exploration well in the Norwegian part of the North Sea.The well, formally named well 35/9-16S is being drilled by the Deepsea Yantai semi-submersible drilling rig, owned by China's CIMC and operated by Norway's Odfjell Drilling…