The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.The federal…
Offshore wind farm developer RWE has signed agreements with grid operator TenneT for an offshore grid connection of OranjeWind, a wind farm to be built 53 kilometers off the Dutch coast. The Connection & Transmission Agreement (CTA) and Realisation…
Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters.The Ministry of Mines and Energy will…
Ithaca Energy has agreed to acquire the remaining 30% stake in Cambo from Shell, taking Ithaca Energy’s stake in Cambo to 100%.To remind, Ithaca Energy said in May it had agreed to market Shell's 30% stake in the Cambo oil prospect in the UK North Sea…
Guyana's economy will boom again this year as it grows by an expected 38% thanks to 'unparalleled' oil sector expansion, according to a forecast from the International Monetary Fund (IMF) released on Monday.The latest 2023 estimate follows real…
Floating offshore wind is an emerging technology with strong potential to become a major energy source. A fleet of specialized vessels will be required to help grow grid-connected floating wind capacity from 200 megawatts at the end of 2022 to a projected 61 gigawatts by 2035…
The Norwegian offshore vessel Siem Offshore said Monday it had secured a contract extension for the AHTS Siem Topaz with a local client in Taiwan. The contract will start in direct continuation of the current contract, for a firm period reaching into Q4 2024…
Offshore drilling company on Monday announced new drilling contracts worth $65 million in total, excluding lump sum payments such as mobilization fees and capital reimbursements.These contracts were awarded after the company issued its most recent fleet status report on August 1…
Bibby Marine and its consortium partners are moving forward with plans to build the world’s first zero-emission electric service operation vessel (eSOV) after securing funding for the project from the Zero Emission Vessel Infrastructure (ZEVI) competition…
Chevron Australia said on Monday it no longer expects to reach a deal with unions and would try an untested legal strategy to stop industrial action at its liquefied natural gas (LNG) facilities as unions prepare for full-scale strikes. The…
A junta that seized power in OPEC-member state Gabon appointed Marcel Abeke, a former executive of French miner Eramet as the country's new petrol minister on Saturday.Abeke was an executive of the company which operates a manganese mine in…
Nauticus Robotics, a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies has signed a memorandum of understanding with the Australian offshore support vessel firm MMA Offshore…
Britain's latest subsidy auction for new renewable energy projects failed to attract bidders from the offshore wind industry, raising fears among developers and environmental groups that the country may struggle to meet its climate goals.Over the last two decades…
Norwegian offshore vessel owner DOF has completed the sale of the Skandi Neptune construction support vessel.DOF had agreed to sell the 2001-built vessel to an unnamed 'international buyer,' in September 2021. It, at the time, said the 104.2 meter-long vessel…
Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday.It said on the Telegram messaging app that Kyiv's forces had retaken…