Sterling Energy News


Empire Energy and Largo Concrete Cement Offshore Wind Partnership

Jul 23, 2024

Empire Energy Partners' Offshore Division, an offshore wind EPC firm, has partnered with Largo Concrete, a structural concrete contractor, to support the growth of offshore wind sector.The partnership will leverage Empire Energy Offshore's project…

Elemental Energies Fuels North Sea Expansion with Norway’s Wells Specialist Buy

Jul 05, 2024

Scotland-based wells and subsurface specialist Elemental Energies has acquired Norway-based well management and consultancy company Well Expertise, forming one of the world's largest specialist wells, subsurface and project management companies…

SBM Offshore and Technip Energies Launch Floating Wind Joint Venture

Jul 05, 2024

SBM Offshore and Technip Energies have formally launched Ekwil, a 50-50 joint venture dedicated to floating offshore wind.Ekwil is a pure player delivery partner offering a diversified range of ‘series production’ floating offshore wind solutions…

DOI Approves Ninth US Offshore Wind Project

Jul 02, 2024

The US Department of the Interior has approved the Atlantic Shores South offshore wind energy project – the nation’s ninth commercial-scale, offshore wind energy project approved under President Biden’s leadership.The Atlantic Shores South wind…

Masdar Signs Multi-Billion Dollar Deal to Acquire Greece’s Terna Energy

Jun 20, 2024

Abu Dhabi Future Energy Company (Masdar) has reached a definitive agreement with GEK TERNA and other shareholders to acquire Greece’s Terna Energy in a $3.44 billion (€3.2 billion) deal, representing one of Europe’s biggest renewable energy transactions in 2024…

Inyanga and Verdant Form Partnership to Deliver Morlais Tidal Energy Project

Jun 19, 2024

Inyanga Marine Energy Group and Verdant Morlais (VML) have signed a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais tidal energy zone, off Wales.The project will take place in a berth close to the…

Xodus Launches Dedicated Renewables Engineering Arm

Jun 17, 2024

Global energy consultancy Xodus has created a new dedicated renewables engineering arm Evolv Energies to strengthen its capabilities in the offshore markets.Evolv Energies has been formed to deliver a broader engineering service as developments ramp up globally…

Sintana Energy Joins Two Blocks in Orange Basin Offshore Namibia

Jun 10, 2024

Oil and gas company Sintana Energy has completed the acquisition of shares in Giraffe Energy Investments, securing a stake in two blocks in the Orange Basin, offshore Namibia.Sintana Energy has closed the previously announced acquisition of…

BOEM to Lend Helping Hand to Maryland’s Offshore Wind

Jun 10, 2024

Bureau of Ocean Energy Management (BOEM) and the State of Maryland have signed a memorandum of understanding (MoU) to support the coordinated development of offshore wind energy in the U.S. Mid-Atlantic state.Under the MoU, BOEM and the State…

BW Energy Raises Hibiscus Field Reserve Estimates Following Latest Oil Discovery

Jun 03, 2024

BW Energy has increased recoverable reserves estimates for the Hibiscus field, offshore Gabon, following the recent oil discovery on the northern flank of the field.BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well…

BW Energy Appoints New CFO

May 29, 2024

Oil and gas company BW Energy has appointed Brice Morlot as Chief Financial Officer (CFO).Effective June 30, 2024, Morlot will succeed Knut R. Sæthre, who has been the CFO of BW Energy since 2019.Morlot brings extensive experience to the company…

New Dutch Coalition Aims for More Offshore Gas Extraction

May 17, 2024

The incoming Dutch government said on Thursday it will aim to expand offshore natural gas extraction and nuclear energy production as part of plans to reduce the Netherlands' dependence on 'unreliable countries.'In its draft coalition pact,…

New Studies Highlight Offshore Wind Energy Potential in the Gulf of Mexico

May 16, 2024

The Bureau of Ocean Energy Management (BOEM) has released two new studies on offshore wind energy in the Gulf of Mexico.The first study, “Gulf of Mexico Offshore Wind Energy Hurricane Risk Assessment” analyzed hurricane risk to wind turbines operating in the Gulf of Mexico…

Onshore Tests Start for PosHYdon Offshore Green Hydrogen Pilot

May 08, 2024

The onshore tests for the PosHYdon project, which aims to produce green hydrogen on an operational gas platform in the Dutch North Sea, have started in the Netherlands.The PosHYdon pilot kicked off the onshore test successfully at the premises of InVesta…

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

May 07, 2024

Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs)…

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