Israel's NewMed Energy LP said on Sunday it was making final arrangements for a merger with UK-based Capricorn Energy, whose shareholders will vote on whether to approve the deal on Feb. 1. Capricorn's shareholder ballot is due the same day…
Denmark's Ørsted has applied for permits to build 15 gigawatts (GW) of new Swedish offshore wind capacity, which could be up and running by 2032, helping to lower power prices and foster new green industries, the company said on Monday. These applications come on top of existing plans for 3 GW…
The world will need natural gas for a long time, and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday…
Dutch marine services firm Boskalis has won a contract with an undisclosed client to construct a large offshore wind farm in the United States.Boskalis will transport and install the wind turbine foundations and power cables. The company said it would deploy two crane vessels…
French oil major TotalEnergies has approved the final investment decision for the Lapa South-West oil development located in the Santos Basin, 300 kilometers offshore Brazil.The company operates the project with a 45% interest. Its partners are Shell (30%) and Repsol Sinopec (25%)…
Italian energy group Eni and U.S. energy major Chevron said on Sunday they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.The Nargis-1 well is part of Egypt's 1,800-sq. km Nargis Offshore Area concession operated by Chevron…
FPSO leasing firm BW Offshore has signed another short-term extension for Abo FPSO offshore Nigeria.The contract extension is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni. The extension runs until March 31, 2023…
In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…
Tidal energy technology company Minesto said Friday it had received its first historic sales order for site development services,.The order includes Minesto's Dragon Class tidal energy powerplants and comes from an unnamed 'major corporation in the Asian offshore energy sector…
Marco Polo Marine, a Singapore-listed offshore vessel company, has entered the South Korean market with a 'landmark' Memorandum of Understanding signed with South Korean companies Namsung Shipping Co., Ltd. and HA Energy Co., Ltd. (“HA-E”).Under the MoU…
The Norwegian energy firm Equinor has awarded Siem Offshore a seven-month contract extension for the offshore subsea construction vessel Siem Barracuda.The extension will keep the 120.8m vessel working on Equinor's Hywind Tampen project offshore Norway…
China's Mingyang Smart Energy on Friday announced the launch of next flagship offshore wind turbine – the MySE 18.X-28X - 'going beyond the 18MW threshold.' This means that, at the time of writing, this is the most powerful offshore wind turbine announced so far…
The U.S. Department of the Interior will reform its regulations for the development of wind energy facilities on the country's outer continental shelf to help meet crucial climate goals, it said in a statement on Thursday.The proposed rule changes…
Today Dutch-German transmission system operator TenneT has signed deals with Hitachi Energy and Petrofac for early works in support of TenneT’s 2GW Program. The companies will start preparatory work and detailed engineering to ensure timely…
Offshore installation services firm Allseas has won a transport and installation contract as part of Vattenfall’s Norfolk Boreas offshore wind project offshore Norfolk, UK.Aker Solutions and Siemens Energy will provide grid connection infrastructure for the Norfolk Boreas offshore wind farm…
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