Industry News

 

Offshore Wind: Taiwan's First DP3 Heavy Lift and Installation Vessel Completed

Jun 30, 2023

The construction of the 'Green Jade' DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was completed Friday.The vessel was commissioned by the CDWE consortium consisting of Belgium's DEME Offshore and Taiwan's CSBC…

TechnipFMC Nets Significant Contract for Offshore Gas Field Development Project in Norway

Jun 30, 2023

Oilfield services firm TechnipFMC said Thursday it had won a 'significant' integrated engineering, procurement, construction, and installation (iEPCI) contract by OMV for its Berling gas and condensate field development project offshore Norway…

India: BP and RIL Bring MJ Offshore Field Online

Jun 30, 2023

UK-based oil major BP, and India's Reliance Industries Limited (RIL)  on Friday confirmed the start of production from the MJ field offshore India, following testing and commissioning activities. The MJ field represents the last of three major…

Aker BP, OMV Get OK for North Sea and Norwegian Sea Drilling Projects

Jun 30, 2023

The Petroleum Safety Authority (PSA) said Friday it had granted Aker BP and OMV consents for drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has received consent to conduct exploration drilling in block 25/2 of the North Sea in Production license 442…

Windstaller Alliance to Deliver FEED for World's Most Powerful Tidal Power Farm

Jun 30, 2023

Windstaller Alliance has been subcontracted to deliver the front-end engineering and design (FEED) for the subsea installation scope of the FloWatt Tidal Pilot to be installed offshore Normandy, France. This study is financed by the European…

Europe's Offshore Wind Boom Threatened by Looming Tower Supply Gap

Jun 30, 2023

Offshore wind developments play a vital role in Europe's energy transition plans, but the industry may face a significant supply challenge in the coming years, with a forecasted wind tower supply crunch.According to Rystad Energy, in 2028, the…

Barryroe Offshore Energy to Wind Up Operations after Setback in Irish Oil and Gas Project

Jun 30, 2023

Oil and gas company Barryroe Offshore Energy said Friday it had started the process of an orderly wind-down of the business through a Creditors Voluntary Liquidation.As part of this process, Barryroe Offshore Energy (ex-Providence Resources)…

Deep-Sea Mining Threatens Biodiversity 25 Times More Than Land-Based Mining, Report Says

Jun 30, 2023

Extracting minerals from the ocean floor could negatively impact biodiversity on a scale of up to 25 times greater than land-based mining, and fixing the damage would cost twice as much as extraction, a new report said on Thursday.A search for…

Seaway 7 Secures "Very Large" Contract for East Anglia THREE Offshore Wind Farm Installation

Jun 30, 2023

Seaway 7, an offshore wind installation subsidiary of Subsea 7, has secured a 'very large' contract with ScottishPower Renewables for the transport and installation of the foundations and inner-array cables for the East Anglia THREE offshore farm in the UK…

Norway Approves OMV’s Plan for the Berling Gas and Condensate Discovery

Jun 29, 2023

Austrian oil and gas firm OMV saw its Plan for Development and Operation (PDO) for the Berling gas and condensate discovery off Norway approved by the Norwegian Ministry of Petroleum and Energy this week.OMV submitted the plan to the Norwegian…

Malaysia's Sarawak Energy Plans 400MW Floating Solar Capacity by 2030

Jun 29, 2023

Sarawak Energy aims to install at least 400 megawatts (MW) of floating solar power capacity at its dams by 2030 as the Malaysian utility expands to meet rising demand for renewables from neighboring countries, its group chief executive said…

Norway: Offshore Drilling Firms, Unions Agree Wage Deal, Averting Strike Action

Jun 29, 2023

Three Norwegian labour unions have agreed to a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of strike action that would have disrupted exploration, the unions said late on Wednesday. The deal between…

World's First 16MW Offshore Wind Turbine Installed Offshore China

Jun 29, 2023

China Three Gorges Corporation said Wednesday it had installed the world's first 16MW offshore wind turbine, off the coast of Fujian, China.The news was also confirmed by the wind turbine maker Goldwind, which said: “On June 28, Goldwind successfully…

Itochu, Tokyo Gas Eye Bids for Japan's Offshore Wind Farm Auction

Jun 29, 2023

Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public…

Environmental Groups Ask Norway Court to Halt Three Oil Developments

Jun 29, 2023

Environmental groups said on Thursday they had demanded an immediate halt to the ongoing development of three Norwegian offshore oilfields, seeking a court injunction against the country's government.Greenpeace and Nature and Youth said they…

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