South Korea’s Korea Institute of Machinery and Materials (KIMM) has developed and demonstrated the nation’s first 20kW-class anode-supported solid oxide electrolysis cell (SOEC) system, completing more than 3,000 hours of stable, continuous operation with electrical efficiency above 83%…
South Korean steelmaker POSCO Group has signed a memorandum of understanding (MoU) with Ørsted to explore the joint development of the 1.4 GW Incheon offshore wind farm, the largest such project in South Korea.The agreement, signed on September 24…
The Norwegian Offshore Directorate (NOD) has granted consent for the start-up of a tie-in from the Equinor-operated Troll B platform in the North Sea to the Kvitebjørn gas export line.The tie-in will help reduce the decline in gas production in upcoming years…
Ørsted has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK’s major deep-sea ports, to support the development of its Hornsea 3 offshore wind farm.The site, located at Tyne Clean Energy Park in South Shields…
Norway’s offshore industry safety watchdog Norwegian Ocean Industry Authority (Havtil) has given Equinor consent to use the Deepsea Bollsta semi-submersible rig for operations in the North Sea.The rig will be used for plugging, drilling and completion of wells on the Visund Sør field…
The Port of Tyne has unveiled plans to invest around $200 million to redevelop 230 acres into the Tyne Clean Energy Park, adding 400 meters of deep-water quayside to support offshore renewables, clean energy and advanced manufacturing.The project could create up to 12…
Oilfield services provider Petrofac has secured a contract extension from ONEgas West, a Shell UK-operated venture, for asset support services in the U.K.’s Southern North Sea.The contract scope provides services across ONEgas West’s Southern North Sea portfolio…
Huisman has been awarded a contract from Hanwha Ocean for the design and construction of a 2,600 mt Leg Encircling Crane (LEC).The contract award follows the orders for two identical 2,600 mt Leg Encircling Cranes, destined for the wind turbine…
U.S. oil major Chevron has submitted a bid to explore for natural gas in four blocks offshore Greece in a consortium with Greece's Helleniq Energy, Greece's Energy Minister Stavros Papastavrou said on Wednesday.The country launched the tender…
Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said.Petronas, which has discovered gas reserves in the block…
TotalEnergies and KOGAS, South Korea’s national natural gas company, have signed a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027.Awarded…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin…
Crane specialist Liebherr will deliver two BOS 4200 offshore cranes to South Korea’s HD Hyundai Heavy Industries for installation on a floating production unit (FPU) destined for Mexico’s Trion oil field.The BOS 4200 cranes, each with a lifting…
Principle Power has reported that offshore wind farms using its WindFloat technology have delivered more than 1 TWh of cumulative power to the grid since the first pilot was installed in 2011, marking a key step toward scaling floating offshore wind to commercial levels…