China’s state-run China National Offshore Oil Corporation (CNOOC) has brought onstream the first oil field in China that features low-carbon design and receives power from the shore for its operations in South China Sea.Located in Beibu Gulf of the South China Sea…
U.S. President Joe Biden's administration said on Friday it will hold an offshore wind energy lease sale off the coasts of Delaware, Maryland and Virginia in August as part of its broader efforts to expand the industry to fight climate change…
The Vineyard Wind 1 offshore wind farm, being built by Iberdrola’s Avangrid and Copenhagen Infrastructure Partners (CIP), has become the largest operating offshore wind farm in the United States, with the commissioning of 10 turbines totaling 136 MW…
Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation effort by companies that operate in the basin amid greater tax pressures.A…
American Offshore Services (A-O-S) announced the launch of its second crew transfer vessel (CTV), Generater, designed to support the United States' growing offshore wind industry.Generater is a 99-foot, Jones-Act-qualified catamaran built to serve wind farms off the U…
Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of new service operation vessel (SOV) for Taiwanese offshore wind operations.This is the third newbuilding SOV for TSSM, a joint venture between Mitsui O…
American Bureau of Shipping (ABS) and Dutch company FibreMax have signed an agreement to collaborate on stiffness-driven mooring tendons for the floating offshore wind market.The collaboration, which is principally focused on floating offshore wind assets…
Norwegian company Scana has expanded internationally through the establishment of subsidiary in Namibia, which is emerging as an exploration hotspot followed by recent deepwater oil discoveries.Scana-owned PSW Technology is following key customers…
Norwegian oil and gas company Aker BP and its partners have discovered gas in a wildcat well, drilled in the Barents Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The well 7324/8-4 (Hassel) represents the second well drilled in the production license 1170…
Oilfield services company SLB has, through its joint venture OneSubsea, secured a contract from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric subsea production systems project in the Fram Sør field, offshore Norway…
Canada-based oil and gas company Valeura Energy has suspended production at its fully-owned Wassana field, offshore Thailand, due to the damage on mobile offshore production unit (MOPU) identified during routine inspection.During a scheduled…
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said.The moves…
Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm, located in the German Baltic Sea, advancing the 315 MW project to delivery phase.Windanker wind farm will reinforce Iberdrola’s Baltic Hub, which will add more than 1…
Fugro has been awarded a site characterization contract for a 684 MW offshore wind farm development off the coast of the Japanese cities of Murakami and Tainai, Niigate Prefecture, Japan.The offshore wind farm off the country’s west coast will be developed and realized by a consortium of RWE…
TotalEnergies has signed an agreement to sell to the Prax Group its entire interest in West of Shetland assets in the United Kingdom, which includes six offshore gas fields, the onshore Shetland Gas Plant and nearby exploration licenses.The six offshore fields sold to Prax Group include Laggan…