Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro…
The Norwegian Ministry of Petroleum and Energy has given METCentre the concession to test SeaTwirl´s vertical-axis floating wind turbine.The concession comes after the Norwegian authority Norges Vassdrags- og Energidirektorat (NVE) rejected an appeal to overturn SeaTwirl’s S2x concession in Norway…
Norwegian offshore vessel owner DOF said Wednesday that Brazil's Petrobras had awarded a new long-term charter contract to DOF's Brazilian affiliate Norskan Offshore Ltda. for an AHTS to operate as AHTS-TS or TO.Petrobras has hired the Skandi Ipanema vessel for four years firm…
Libya's National Oil Corporation (NOC) will sign offshore gas exploration and production deals with Italy's Eni on Saturday, NOC head Farhat Bengdara told a television channel. The deal would require $8 billion to produce up to 850 million cubic feet a day of gas from the Mediterranean…
Louisiana-based firm EDG has recently won a topside modification contract from Talos Energy for the Ram Powell platform in the U.S. Gulf of Mexico to accommodate the Venice and Lime Rock subsea tiebacks.EDG, which says it has executed more than 25 subsea tiebacks over the years…
IWS Fleet AS has ordered two more Walk-to-Work commissioning service operations vessels (“CSOV”) from China Merchants Industry Holdings Co., Ltd.The company said Tuesday that the two newbuilds would be delivered in the second quarter of 2025…
The Italian steel company Acciaierie d’Italia has signed a letter of intent with the Falck Renewables and BlueFloat Energy´s partnership on strategic collaboration for the development of renewable energy projects.The parties have established a technical working group which will focus on four areas…
Norway's Equinor has awarded Scana-owned PSW Technology a three-year contract for maintenance services at the Mongstad refinery, Equinor's largest. The oil to the Mongstad terminal mainly arrives through two pipelines from Troll B and Troll C and connected offshore oil fields…
Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture…
Energy producer Hess Corp. on Wednesday beat Wall Street estimates for fourth-quarter profit on higher crude prices, and said it had found more oil offshore Guyana.Western sanctions against major energy producer Russia and the decision of producer…
Developers of the Moray West offshore wind farm in the UK have selected Invergordon port in the Cromarty Firth, Scotland, as the location for marshalling all 62 monopiles prior to installation as part of the Moray West offshore wind farm. The wind farm is being developed by Ocean Winds…
Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…
Trinidad and Tobago's natural gas production could rebound and hit almost 4 billion cubic feet per day (bcfd) by 2030 if key offshore projects move ahead soon, consultancy Rystad Energy said on Tuesday.Trinidad is Latin America's largest exporter of liquefied natural gas (LNG)…
Danish renewable energy developer GreenGo Energy said on Tuesday that it's cooperating on 60 billion Danish crowns ($8.77 billion) project to develop a green energy park.The company is cooperating with a local municipality in western Denmark…
West Africa-focused oil producer Tullow sees its 2022 free cash flow at $267 million, slightly ahead of previous guidance and up from $245 million the previous year, it said in a trading update on Wednesday. It plans to invest $400 million this year…