The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for Verdande offshore development in the Norwegian Sea to the Ministry of Petroleum and Energy.According to Equinor, the subsea development secures important oil volumes for the Norne production vessel…
Marco Polo Marine, a Singapore-listed offshore vessel company, is looking to enter the Japanese offshore wind market and has signed a memorandum of understanding with 'K' Line Wind Service in that regard.Both parties, according to Marco Polo Marine…
The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding.The Nordic country, a major producer of oil and gas as well as hydropower…
Foss Maritime has reached a deal to bareboat charter the tug Earl W Redd from Tug Construction, LLC for use in the U.S. offshore wind industry.The Earl W Redd will sail from Portland, Ore. to Massachusetts later this month to begin work on Foss 's offshore wind projects…
The Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration (NOAA) Fisheries will work together to address potential impacts of offshore wind energy development on NOAA Fisheries’ scientific surveys, which help to manage the United States’s fisheries…
Exxon Mobil Corp XOM.N is raising the annual salaries of its top boss and other executives for the coming year, the top U.S. oil company said on Monday.Exxon Mobil's compensation committee approved an increase in the annual salary of Chief Executive Officer Darren Woods to $1…
Sweden-based Maha Energy has signed a binding term sheet regarding a business combination with DBO 2.0 S.A. (“DBO”) for a consideration of 36,775,410 new shares in Maha.According to Maha, DBO is a private upstream oil and gas company focusing on mature offshore fields in Brazil formed in 2017…
Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy.Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision…
A platform supply vessel, normally used to deliver goods to offshore oil and gas platforms, is undergoing preparations in the Danish Esbjerg port to carry CO2 containers for storage in the North Sea.Offshore vessel owner Blue Water and offshore…
The Philippines must find a way to explore for oil and gas in the South China Sea even without a deal with China, President Ferdinand Marcos Jr said on Thursday, emphasizing his country's right to exploit energy reserves in the contested waterway…
Heerema Marine Contractors has recently installed the first of 27 Vestas V174 – 9.5MW turbines at the Arcadis Ost 1 offshore wind farm in the Baltic Sea, offshore Germany, using a floating installation method, for which the parties involved say is unique…
Norwegian Energy Company ASA (Noreco) has reached a Final Investment Decision (“FID”) on two infill wells in the Danish North Sea.The two wells will be drilled at the Tor reservoir in the Halfdan North East area, located in the central part of the Danish North Sea…
German renewable energy firm RWE said Friday it had bought the Irish company Western Power Offshore Developments Ltd, which is in the early stages of developing the East Celtic wind farm project offshore Ireland.The East Celtic wind farm site…
Australian offshore vessel operator MMA Offshore has completed the sale of its shipyard in Batam, Indonesia.The planned sale was first announced back in May when MMA Offshore said it would sell its shipyard facility to Wasco Engineering Group…
Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil field, offshore in the Gulf of Thailand.In Q2 2022,…
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