Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources…
Italy's Eni aims to reduce its exposure to oil in favor of natural gas and non-fossil fuels in part through asset sales, the energy group's CEO Claudio Descalzi said on Tuesday. Speaking at the Rome presentation of a report by the International Renewable Energy Agency (IRENA)…
Fraunhofer Institute for Wind Energy Systems IWES’ new 115m+ rotor blade test rig was recently inaugurated in Bremerhaven, Germany.The new rotor blade test rig, dubbed the first of its kind in the world, according to Fraunhofer IWES, offers…
Ocean Winds, a joint venture between Portugal's main utility EDP and French company Engie, said on Tuesday it had lodged applications with the Australian government to develop offshore wind farms off the coast of Victoria.The JV, which participated…
Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports.Leviathan, a deep-sea field with huge deposits, came…
Offshore installation firm Jan De Nul Group, in partnership with power cable maker Hellenic Cables, has won a contract from TenneT for the turnkey delivery of three HVAC offshore grid connection cables for the offshore wind farms to be developed in zones N-3…
Oil and gas company Longboat Energy said Tuesday that a new license group had been formed, and an extended work period has been granted in Norwegian license PL1049 in the Norwegian North Sea, which has been stratigraphically split and renamed PL1049S…
Jersey Oil & Gas, a UK-focused oil and gas company working to develop the Greater Buchan Area ('GBA') in the UK North Sea, said Tuesday it had finalized the development solution for the project.Jersey Oil & Gas, and NEO, soon to become the operator of the GBA licenses…
BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.BW Offshore is in talks to divest the FPSO, operating at the Abo field offshore Nigeria, and seen as non-core to its FPSO fleet…
Longboat Energy, an oil and gas exploration and production company with activities in Norway and Malaysia, has agreed to buy interests in producing offshore fields offshore Norway from INPEX Idemitsu.The company on Monday announced the acquisition of a 4…
Solstad Rederi AS, a subsidiary of the Norwegian offshore vessel owner Solstad Offshore, has sold the AHTS Elang Laut 1.The 2009-built vessel has been in layup in Asia since 2019. Delivery of the vessel to the new owner took place today, July 3…
John Wood Group (Wood) has won a contract extension worth approximately $250 million with Brunei Shell Petroleum ('BSP'), Brunei's largest energy producer. The two-year extension will focus on the continued rejuvenation of BSP's offshore energy…
South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico.The contract, awarded by an oil developer in Mexico, is worth 1…
Norwegian offshore survey services firm PGS said Monday it had won a 'large' offshore wind farm site characterization contract in the U.S. from a 'leading renewable energy company.'PGS will use the Sanco Swift vessel which is rigged as an offshore wind site characterization vessel…
Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine war, according to data and industry executives…