Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays…
Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum…
A consortium based in South West England, led by Morek Engineering, has unveiled its design concept for a new vessel class for the floating offshore wind (FLOW) market, having completed the first feasibility stage.Consortium partners include naval architects Solis Marine Engineering…
Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas Basin…
Norway's Equinor and Poland's Polenergia made a final investment decision for the project to build two wind farms off the Polish coast of the Baltic Sea, the Warsaw-based company said on Monday.The two farms, each with a generation capacity of 720 megawatts are set to cost a total of about 6…
Denmark will launch offshore wind tenders with a capacity of three gigawatt (GW), enough to power three million homes, its energy ministry said on Monday, offering subsidies to developers of up to 55.2 billion Danish crowns ($8.32 billion).The…
The Norwegian government has launched a bidding process for three floating wind project locations at Utsira Nord area.The awarding of project areas for offshore wind and state aid will take place in two stages, with a maturation phase in between…
Libya’s latest upstream licensing round has already attracted more than 40 applicants, a signal of the country’s re-entry into the global energy arena and growing interest in its largely untapped hydrocarbon potential.The update was shared by Abdolkabir Alfakhry…
Offshore accommodation firm Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras, for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.Contract…
Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday.The country has put…
Petrobras has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block, offshore Brazil.Well 3-BRSA-1396D-SPS is located 248 km from the city of Santos-SP, at a water depth of 1…
Norway offered 76 new blocks to explore for oil and gas in the Norwegian Sea and the Barents Sea on Friday in a so-called APA licensing round, an annual event awarding acreage in mature parts of the continental shelf, the energy ministry said…
Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment…
The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for increased oil drilling.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022…
A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy…
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