Norway's Equinor said on Wednesday that it will postpone its Bay du Nord Canadian offshore oil project for up to three years, due to rising costs.The decision sets back one of Canada's biggest oil projects in years, and one which has the rare support of Prime Minister Justin Trudeau's government…
Norwegian seismic service firm PGS has secured a 3D exploration acquisition contract in the Mediterranean with an unnamed 'major international energy company.'PGS will mobilize the Ramform Hyperion seismic vessel for the survey late third quarter…
Eidesvik Offshore has entered into agreements to sell its three remaining seismic vessels, Veritas Viking, Vantage, and Viking Vision, to two separate buyers. All the vessels are in lay-up and treated as held for sale in the company accounts…
Brazilian oil company Petrobras has started production from Almirante Barroso FPSO in the Búzios field, offshore Brazil.The FPSO has the capacity to produce up to 150 thousand barrels of oil and 6 million m³ of gas per day.FPSO Almirante Barroso…
Singapore-based Cyan Renewables said Wednesday it had signed a Memorandum of Understanding (MOU) to partner with Taiya Renewable Energy, a Taiwanese offshore wind farm development company. Under the MOU, Cyan and Taiya will collaborate to build vessel capacity…
Brazilian oil firm Petrobras on Wednesday signed Production Sharing Contracts for offshore blocks, awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022.Petrobras…
The Hollandse Kust (noord) offshore wind substation has been officially taken over by the Dutch grid operator TenneT following the installation and hook-up offshore the Netherlands. In March 2020, TenneT awarded the joint venture EQUANS-Smulders the contract for the engineering…
Noble Corp.'s jack-up drilling rig, the Noble Innovator, which in February arrived in the Port of Aberdeen, has now left the port after a 105-day stay to complete a special periodic survey.The Noble Innovator jack-up rig sailed away from Port of Aberdeen’s South Harbour last Friday…
U.S.-based maritime logistics and offshore services firm Crowley on Wednesday announced a new investment in Tugdock. Tugdock has developed 'the world’s first road-transportable floating dry dock' known as the Tugdock Submersible Platform (TSP)…
Tanzania's government said on Wednesday it had completed negotiations with the investors of its $42 billion liquefied natural gas (LNG) project, with the agreements set to be reviewed for approval next month. Energy minister January Makamba…
Brazilian oil firm Petrobras denied media reports claiming that the oil company expected to obtain the environmental license to drill a well in the FZA-M-059 block, offshore Brazil, in up to six months.As previously reported, Brazil's environmental…
Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.However, risks remain after last year's…
French power giant EDF has entered into a joint venture partnership with Irish developer Simply Blue Group to develop two wind farm projects off the Irish coast, the groups said in a press release on Wednesday. The projects are the Western Star…
Tidal energy developer Minesto said Wednesday it had successfully completed the first phase of Dragon 12 (1.2 MW) offshore installation in Vestmanna, Faroe Islands. The 3.4 km main subsea cable was laid on the seabed, from the onshore grid connection point to the offshore installation node…
Two Polish state-controlled companies, oil refiner PKN Orlen and power utility PGE , have received permits to build offshore wind farms on the Baltic Sea.Poland's infrastructure minister awarded five permits for available locations to PKN Orlen group and one to PGE…
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