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Fugro Tapped for Geophysical Survey at Lithuania's First Offshore Wind Farm Site

Nov 16, 2023

Ignitis Renewables has awarded offshore survey firm Fugro a contract to conduct a geophysical survey at Lithuania's first offshore wind farm site. 'This critical step in the project's development aims to enhance the understanding of seabed conditions…

Britain to Boost Offshore Wind Auction Power Price Guarantees by 66%

Nov 16, 2023

Britain will increase the guaranteed price offered for offshore wind projects in its next renewables auction by 66%, the government said on Thursday, as it seeks to spur more projects after its last auction failed to attract any offshore wind investment…

Norway Oil Companies Face Higher Investment Costs Due Inflation

Nov 16, 2023

Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought as inflation drives up the cost of field developments, a national statistics office (SSB) survey showed on Thursday.The country's biggest business sector…

Odfjell Drilling's Offshore Rig Secures $138M Contract Extension with Equinor

Nov 16, 2023

Norwegian offshore drilling firm Odfjell Drilling said Thursday that Equinor had exercised options for seven wells to extend the use of its Deepsea Aberdeen offshore drilling rig on the Breidablikk field in the North Sea, offshore Norway.The…

Seaqualize Executes Offshore Transfer Lifts on Vineyard Wind 1

Nov 15, 2023

Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel.The company’s newly developed offshore lifting device, the Heave Chief 1100, is being deployed…

Court Battle Between Santos and Traditional Owners Continues

Nov 15, 2023

Santos has issued a statement after the decision of the Federal Court of Australia on November 15 ruling that pipelay activities can commence on an 86-kilometer section of pipeline for the Barossa Gas Export Pipeline (GEP) – but not south of kilometre point 86 (KP86)…

EU Targets Upstream Methane Emissions from Imports

Nov 15, 2023

The European Council and Parliament have reached a provisional political agreement on a regulation for tracking and reducing methane emissions in the energy sector.The regulation introduces new requirements for the oil, gas and coal sectors to measure…

Seven Groups Apply for Norway's Offshore Wind Tender

Nov 15, 2023

Seven groups of energy companies have sought pre-qualification for Norway's first commercial offshore wind farm tender, the government said on Wednesday, while several others dropped out of the race as soaring costs dampened interest.The tender…

TotalEnergies CEO Says Gas Market Volatility to Remain Until New Supply Arrives

Nov 15, 2023

The Chief Executive of French energy giant TotalEnergies TTEF.PA said on Tuesday that the liquefied natural gas (LNG) market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.'Prices are volatile…

Alliance Forged to Build Offshore Converter Platforms in Warnemünde, Germany

Nov 15, 2023

The Meyer Group, which includes Neptun Werft in Warnemünde, said Wednesday it was joining forces with the Belgian company Smulders to build offshore converter platforms at the Warnemünde site. Warnemünde is a German port town on the Baltic Sea…

Rem Offshore Nets Multiple Offshore Vessel Deals Worth $138M in Total

Nov 15, 2023

Norway-based offshore vessel owner Rem Offshore said Wednesday it had secured multiple long-term contracts for its vessels. 'The contracts have been signed on market terms and will ensure high fleet utilization in the coming years,' Rem Offshore said…

Cadeler Secures Loan to Fund Offshore Wind Vessel Construction & Upgrades

Nov 15, 2023

Danish offshore wind installation services company Cadeler said Monday it had entered into an unsecured green loan facility with HSBC. The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class…

Aussie Court Halts Santos' Barossa Pipeline Near Tiwi Islands

Nov 15, 2023

Santos was told by a court on Wednesday to halt its pipeline project around 70 kilometers north of the Tiwi Islands pending a final ruling, although it was allowed to begin laying gas pipelines for a section of its $3.6 billion Barossa gas project…

Serbia Signs Gas Supply Deal with Azerbaijan

Nov 15, 2023

Serbia signed a deal with Azerbaijan to purchase 400 million cubic meters of natural gas per year from 2024, Azerbaijan's energy ministry said on Tuesday.Serbia, which is almost fully dependent on Russian gas supplies, has long planned to purchase…

Aker Solutions Bags Sizeable Offshore Wind Platform Deal

Nov 15, 2023

Norway-based Aker Solutions said Tuesday it had won a sizeable contract from Vattenfall for the Norfolk Vanguard East Offshore Wind Farm off the coast of Norfolk, UK.Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and NOK 1…

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