Tidal energy developer Minesto has this week launched its second Dragon Class tidal kite in Vestmanna, Faroe Islands, and has started producing electricity.The tidal energy power plant “Dragon 4” will benefit from previous configuration testing executed with the first unit…
The British government is expected to announce dozens of new North Sea oil and gas exploration licenses in an effort to boost domestic production, two sources familiar with the government's discussions said.The exact number of new licenses was still to be confirmed…
Denmark's Maersk Supply Service and renewable energy pioneer Stiesdal Offshore have entered into a strategic partnership to offer combined solutions to this fast-growing sector within floating offshore wind.The companies say they intend to combine…
BlueFloat Energy and Energy Estate have said they will expand the proposed capacity of their Greater Gippsland Offshore Wind Project in Australia from 1.275 GW to 2.085 GW.The so-called Southern Winds bottom-fixed project is located in the Bass Strait…
Australian oil and gas firm Santos has been awarded permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide in the offshore Carnarvon and Bonaparte basins, off the coast of Western Australia, the company announced today…
Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…
Norway-based subsea services provider Reach Subsea has recently signed contracts amounting totally in excess of NOK 200 million, including an important strategic contract in the Brazilian market, which was signed yesterday (7 Sept). The contract…
Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract…
Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades.The incoming…
Offshore helicopter firm Bristow Group announced an award from energy company Equinor to provide search and rescue services offshore at the Johan Sverdrup and Statfjord B platforms, located in the Norwegian North Sea off the west coast of Norway…
Britain's new prime minister, Liz Truss, said on Wednesday she wanted to see more extraction of oil and gas from the North Sea and more investment in nuclear power.Speaking at her first prime minister's question time in parliament, Truss said…
Russia's energy minister said on Wednesday the recovery of oil production at the Sakhalin-1 oil and gas project in Russia's Far East would depend to a large extent on the position of ExxonMobil, Russian news agencies reported.ExxonMobil said…
Vestdavit has developed an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a green-fueled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.Danish shipowner Esvagt earlier…
Island Drilling Company announced it has signed a contract with Trident Energy to provide the Island Innovator drilling unit and associated services for a drilling campaign offshore Equatorial Guinea.Planned to start in September/October of 2023…
Offshore drilling contractor Valaris announced on Tuesday that it has received a payment of $40 million from its joint venture with Saudi Aramco, ARO Drilling, representing a partial early repayment of its shareholder notes receivable.Following this payment…
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