Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets.Many countries are relying on a huge and rapid…
Spanish renewable energy giant Iberdrola and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States…
Exxon Mobil CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss.Redemption came this year when - aided by a share price pumped…
Colombia on Tuesday officially launched its first bidding round for offshore wind energy concessions, part of efforts by its first leftist government to wean it off oil and gas production.Energy minister Andres Camacho announced the conditions from Dubai…
A storage vessel for Mexico's first liquefied natural gas (LNG) plant departed U.S. waters on Monday for Altamira, Mexico, according to ship tracking data, putting the offshore project on track to soon inaugurate exports.LNG developer New Fortress Energy last week said its 1…
Genesis is a 24 VDC, Time Domain Reflectometry (TDR) – based, Multiphase Detector which is designed to measure multiple phases in applications with thick and dynamic emulsion layers:Vapor phaseTotal level (e.g., hydrocarbon liquid)Top of emulsion layerBottom of emulsion layer (e…
Seatools completed Factory Acceptance Tests (FAT) for a Fall Pipe ROV developed for DEME, to be deployed on DEME's upcoming subsea rock installation vessel Yellowstone, scheduled to join the fleet in the first half of 2024.The new Fall Pipe ROV introduces several unique features…
Vattenfall and BASF are in advanced and exclusive discussions to partner on the Nordlicht 1 and 2 projects through a sale of 49 percent of the project shares to BASF. Both parties signed a Memorandum of Understanding to formally express their joint ambition…
DNV appointed Jamie Burrows to head its Energy Systems business area’s Carbon Capture, Utilization, and Storage (CCUS) unit. The appointment comes as a response to growing demand from these fossil fuels-reliant industries to reduce their CO2 emissions…
Indonesia has approved a $238.71 million development plan for steamflood enhanced oil recovery in the Rokan block, the country's upstream oil and gas regulator SKK Migas said. The first development phase of the Rantaubais field in Rokan block…
Danish shipowner CBED has acquired two SOVs which are expected to be delivered end of Q1 2024. Following delivery from seller, Dutch-based shipping company Vroon, both Wind Evolution (formerly Vos Start) and Wind Creation (formerly Vos Stone) will be dry-docked for refurbishing…
A new labor forecasting tool (LFT) is predicting around 16,000 additional workers could be needed in the UK’s offshore wind industry by 2030, and 12,000 extra workers will be needed specifically for carbon capture and hydrogen projects by 2027…
Talos Energy Inc. announced the appointment of John Spath as Executive Vice President and Head of Operations, effective immediately. Spath, who succeeds Robert 'Bob' Abendschein, Executive Vice President and Chief Operating Officer, will have…
U.S.-based dredging and marine services company Great Lakes Dredge & Dock Corporation on Monday announced it has been awarded a third rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast of the United States…
The navies of Britain, Finland and Estonia were practising subsea infrastructure protection in the Baltic Sea region on Monday together with the Finnish Border Guard, Finland's Defence Forces said in a statement.In early October a gas pipeline…