The Ørsted, Falck Renewables, BlueFloat Energy consortium currently bidding for offshore wind leases for floating wind projects offshore Scotland, has partnered up with the Scottish Association for Marine Science (SAMS) to investigate the potential…
Italy said on Friday it had received 64 expressions of interest to build offshore wind farms following a tender launched by the ecology transition ministry.Italy is keen to boost the development of offshore renewable energy plants to help reach…
Spanish renewables giant Iberdrola has informed that it has started construction work for the Vineyard Wind 1, the United States' first large-scale offshore wind farm.The offshore wind farm will be located off the coast of Massachusetts. It…
Brazilian oil company Petrobras has said it has identified the presence of hydrocarbons in a pioneer well in the Aram block, in the Santos Basin pre-salt, offshore Brazil.The well 1-BRSA-1381-SPS (Curaçao) is located 240 km from the city of Santos…
Germany's energy regulator has temporarily halted the certification process for the Nord Stream 2 gas pipeline, requiring the Swiss-based, Gazprom-led consortium behind the infrastructure to form a German subsidiary to secure a licence.Following…
Industries including energy, steel, and chemicals are looking to develop large-scale hydrogen applications to help reduce carbon emissions and avert global warming.Although hydrogen is the most abundant element in the universe, it's very scarce as a gas…
Petroleo Brasileiro SA is expected to commit between $60 billion and $70 billion in capital expenditure (capex) in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas…
Norway's petroleum output in October rose from the previous month, exceeding official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output increased to 1.82 million barrels per day (bpd) in October from 1…
Belgian offshore installation firm DEME Offshore has confirmed that the installation of foundations at the Saint-Nazaire offshore wind farm in France has reached a halfway point.The news follows DEME Offshore's previous announcement regarding…
Ashtead Technology, a UK-based offshore energy services and technology company, announced Thursday that it had received strong support from new institutional investors and will begin trading on the London Stock Exchange's Alternative Investment Market on Tuesday…
Pharos Energy plc, an oil and gas exploration and production company, with an interest in the TGT field offshore Vietnam, has completed the first phase of the infill development drilling program at the field, however, it has also experienced a setback with an FPSO compressor…
Scottish floating tidal turbine developer Orbital Marine Power has entered a strategic partnership with offshore energy services giant TechnipFMC ( to speed up the global commercialization of Orbital’s tidal energy technology. TechnipFMC will also become a shareholder in Orbital…
U.S. oil major ExxonMobil has awarded a drilling contract to drilling contractor Stena Drilling for the Stena Forth drillship.ExxonMobil will use the drilling rig for operations offshore Eastern Canada, in the second half of 2022. The contract is for one firm well…
The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices.The U.S. move reflects frustration…
Oil major Shell will acquire a 51% share of Simply Blue Group's Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. The deal follows a similar arrangement earlier this year to jointly develop the…
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