Offshore Energy News


Empyrean Energy to Spud Well in Indonesia

Aug 20, 2019

Australia's Empyrean Energy provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore Indonesia, in which Empyrean holds an 8.5% interest.The oil and gas development company with interests in China…

Castle Wind signs MoU for 1GW California OWP

Aug 19, 2019

Monterey Bay Community Power (MBCP) and Floating wind power developer Castle Wind, a joint venture between Trident Winds and EnBW North America, have signed a memorandum of understanding (MOU) to enter into a future, long-term power-purchase…

Vaalco extends BW Offshore FPSO charter

Aug 19, 2019

The owner and operator of floating production storage and offloading (FPSO) vessels BW Offshore has received a one-year contract extension for the lease of one of vessels from Vaalco Energy.The Oslo Stock Exchange-listed company said in a press…

Offshore Wind Energy Capacity to Reach 500 GW by 2050

Aug 19, 2019

Offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 gigawatts (GW) by 2030.Long-range predictions suggest generating capacity in excess of 500 GW by 2050, according…

Brazil Okays BW Offshore's Oilfield Buy

Aug 19, 2019

Norwegean provider of floating production services to the oil and gas industry BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company's plan to become an operator and not just a supplier of oil services…

Woodside Begins Greater Enfield Project

Aug 16, 2019

Australian energy giant Woodside has announced in a press release that it will produce first oil from its Greater Enfield project located offshore Australia this month.'We expect first oil from the Greater Enfield reservoirs in August 2019. The delivery of the Greater Enfield Project…

World's Longest Wind Turbine Blade Reached UK

Aug 16, 2019

The world’s longest offshore wind turbine blade has arrived in Northumberland, UK to be tested at the Offshore Renewable Energy Catapult site.The 107-metre blade will be used on the most powerful wind turbine in commercial development – the 12MW Haliade-X from GE Renewable Energy…

Jan De Nul Bags Kriegers Flak Gig

Aug 15, 2019

The Luxembourg-headquartered Jan De Nul Group has signed a contract with Vattenfall Vindkraft Kriegers Flak P/S for the transport and installation of 72 8.4MW Siemens wind turbine generators for the Kriegers Flak offshore wind farm (OWF) in Denmark…

MDL Back in North Sea with i-Tech 7

Aug 15, 2019

Maritime Developments (MDL), a provider of back-deck equipment for the subsea sector, has completed a flexible installation project in the North Sea with i-Tech 7, Subsea 7's Life of Field business unit – marking a return to the field two years after the original award…

14 Template Installations in One Month

Aug 12, 2019

In one month – from June 11 to July 13 – 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same…

Sojitz Joins Taiwan’s Largest OWF Project

Aug 12, 2019

Japanese business house Sojitz Corporation has signed a share purchase agreement with German wind farm developer wpd regarding Yunlin Holding GmbH, which will see Sojitz participate in the construction and operation of an offshore wind farm in Taiwan…

Talos Joins in 5 Drilling Projects in GoM

Aug 12, 2019

Talos Energy, the oil and gas company focused on offshore exploration and production, participated in five drilling projects in the second quarter with a capital program front-loaded in the first half of 2019.Talos Energy also said that  it…

Denmark's Biggest OWF Set for Launch

Aug 09, 2019

Frederik, Crown Prince of Denmark, will inaugurate Vattenfall’s next and largest offshore wind farm (OWF), Horns Rev 3, in the North Sea on 22 August.The European energy company said in a press note that Horns Rev 3 offshore wind farm is ready…

Offshore Wind Boosts Ørsted's Profit

Aug 08, 2019

Danish renewable energy company Ørsted’s operating profit in the first half of 2019 (H1) is $1.3 billion (DKK8.8bn), mostly from offshore wind.'Earnings from our offshore wind farms in operation increased by 18%, driven by ramp-up of generation from new wind farms in operation…

NYSERDA Selects 5 Offshore Wind Projects

Aug 08, 2019

The New York State Energy Research and Development Authority (NYSERDA) has selected five multiyear projects that will further study environmental and commercial fishing topics in support of responsibly developing offshore wind.The projects totaling more than $2 million advance Governor Andrew M…

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