The mid-tier UK oil & gas company operating mainly in the North Sea, Serica Energy has announced an “out of round” North Sea licence award.The exploration and production firm said that its wholly owned subsidiary, Serica Energy (UK) Limited…
The British Queen, in her speech to both houses of United Kingdom (UK) parliament, revealed that the UK’s target for installed offshore wind energy has been raised to 40 GW by 2030, and that the UK government will support the development of floating wind turbines…
The energy industry is changing. Renewables are on the rise and wind energy is becoming increasingly prevalent. In fact, Britain is set to increase the amount of energy produced from offshore wind farms from 7% to 30% over the next decade.However…
Global leader in offshore wind Ørsted A/S has signed an agreement to divest its liquefied natural gas (LNG) business to the leading global natural resources company Glencore.According to the Denmark's largest energy company, Ørsted entered into…
Dutch energy company Eneco is set to purchase all the electricity generated by GE Renewable Energy's 12MW Haliade-X offshore wind turbine prototype.The announcement was made during a ceremony to inaugurate the prototype that was recently installed…
Dutch engineering company Royal Boskalis Westminster has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine…
Increased integration between offshore wind and other marine renewables and offshore oil and gas production can help deliver the UK’s net zero target through technologies such as carbon capture and storage (CCS), said a study.According to a new report from the Oil and Gas Authority (OGA)…
Services firm Subsea 7 said it has been awarded a contract to install risers for CNOOC’s Lingshui 17-2 gas field development project in the South China Sea.The contract from Offshore Oil Engineering Co. (COOEC) — worth between $50 million and…
James Fisher Marine Services (JFMS), provider of marine engineering services, has been awarded scheduled maintenance contract on one of the leading offshore wind farms of the future.The specialist in services to the marine, oil and gas said that as per contract…
Norwegian offshore service and supply ship shipping company Solstad Offshore said that UK-based Apache North Sea Limited has extended the charters of platform supply vessels (PSVs) Sea Flyer and Sea Forth.According to the vessel owner, the contract…
Throughout 2019 Africa has led licensing round activity; looking forward to 2020 this is set to continue, however results of the recent rounds have had limited success in a global context.Eight licensing rounds are open or have closed in Africa…
Guyana has invited companies interested in purchasing the first three deliveries of the government's share of the country's looming oil production to present bids this week, the government said in a statement on Sunday.The government will later…
Though overall global upstream investments in 2020 will decrease by around 4%, deepwater will be the only segment expected to grow above 5% next year, spelling a boom for the industry, said a report.Rystad Energy is forecasting that overall…
U.S. energy firms added rigs for the first time in eight weeks even as producers follow through on plans to reduce spending on new drilling.Companies added 4 oil rigs in the week to Dec. 13, bringing the total count to 667, energy services firm…
Total S.A announced the final investment decision (FID) to develop the Anchor oil field located in the deepwater U.S. Gulf of Mexico (GoM), off the coast of Louisiana.Additionally, front-end engineering and design (FEED) has begun for the North Platte discovery in the deepwater GoM…