The UK Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum, set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed…
Environmental groups on Tuesday will ask a Norwegian court to block the development of three North Sea oil and gas fields, citing insufficient assessment of global climate impact from future petroleum use.The lawsuit filed by Greenpeace and…
NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector.Floating wind farms are often farther offshore, in deeper waters and in harsher environments…
Lifting specialist KenzFigee has signed a contract with Aker Solutions for the supply of an offshore pedestal crane destined for the Norfolk Vanguard West offshore wind farm developed by Vattenfall.The delivery involves an electric hydraulic box boom offshore Ram Luffing 2400 type with a SWL of 20t…
Denmark, France, Germany, Sweden and the Netherlands have signed the Aalborg Declaration that aims at joint European cooperation on CO2 capture, use and storage (CCUS).CO2 capture, use and storage must be scaled up, both nationally and at European level…
U.K.-based energy management and storage technologies company Verlume reports an increasing headcount and sales growth in 2023 across several markets including offshore wind, subsea monitoring and offshore charging. The company said it has increased…
Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects.The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks…
The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance.…
Britain's Octopus Energy has bought a 12.5% stake in the 660 megawatt (MW) Walney Extension offshore wind farm in the Irish Sea from a group of Danish pension funds, it said on Monday.Octopus bought the stake from AIP Management, the investment manager for Danish pension funds PKA and PFA…
Shell has almost finished extensive maintenance at its Prelude floating liquefied natural gas (FLNG) facility off Australia and is set to resume exports next month, according to industry sources and shipping data.The timing of the giant floating…
The Swedish-headquartered Trelleborg Group announced it has sold its U.S. offshore oil and gas operations to an undisclosed buyer.Located in Toledo, Ohio, the operation develops and manufactures primarily ceramic macrospheres and buoyancy modules…
Suncor Energy said that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months…
BOA has revealed its in-house design for future semi-submersible heavy lift barges it says is capable of handling the future requirements from any industry or segments regarding heavy loads, large footprints and extreme submersing depths.The…
Delegates at this year's U.N. COP28 climate summit are anxious to boost the world's climate change agenda with concrete plans for clamping down on the second-most prominent greenhouse gas – methane.While more than 150 countries have promised…
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned…