Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force in crude oil production. Construction work on the facility, to be located on public land near the Berbice river…
Saudi Arabia's national oil company, Saudi Aramco, said Monday it was, in collaboration with international partners, establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in Saudi Arabia’s offshore fabrication capacity…
Tidal stream energy could plummet below £80 per MWh by 2035 if current opportunity is realized, according to a recent report by the UK-based Offshore Renewable Energy (ORE) Catapult.The report ‘Cost Reduction Pathway of Tidal Stream Energy in the UK and France’ report…
BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast.'BayWa r.e. is now entering the decisive phase of the official…
The Norwegian Petroleum Directorate said that, in the near future, a number of companies on the Norwegian Continental Shelf, including oil companies, software suppliers, and seismic companies, are going to be contacted by Troika International regarding updates to seismic data reporting…
Spanish firm Acciona Construction has chosen two of BlueNewables' technologies: the TLP, CT-bos, and the semi-submersible, S-bos, to be added to its foundations and platforms for offshore wind.'BlueNewables has achieved an important milestone…
Norway's Equinor considering buying oilfields in the British North Sea from China's CNOOC, including a big stake in the huge Buzzard oilfield, two industry sources told Reuters on Monday. The deal is valued at between 20 billion and 30 billion Norwegian crowns ($1…
East Mediterranean gas reserves can help ease Europe's energy crunch but require funding from institutions like the European Bank for Reconstruction and Development and the European Investment Bank to realise the area's full potential, an official said on Friday…
The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO.'During September this year, two steel strike…
Norway police on Friday investigated reports of a drone flying over the Kaarstoe [Kårstø] gas plant in southwest Norway on Thursday, while in Arctic Norway a Russian-Israeli citizen was arrested when police found two drones in his car.The Norwegian…
Offshore drilling company Transocean sent out its quarterly rig fleet status report on Thursday. In it, Transocean said it had won contracts worth a total of $1.6 billion during the quarter.Transocean secured contracts for the following rigs…
Lebanon's caretaker energy minister said on Friday that Qatar has expressed an interest in joining a consortium involving Eni and TotalEnergies that is exploring for oil in the eastern Mediterranean sea.A post on the official cabinet Twitter account…
Offshore helicopter services firm NHV Group has won a helicopter services contract in the Central North Sea with INEOS FPS.Under the five-year deal, which takes effect at the beginning of November, NHV will perform helicopter flights to the Forties Unity from NHV Aberdeen…
Half of the 114 offshore wind turbines which will make up Scotland’s largest offshore wind farm, Seagreen, have now been installed in the North Sea off the east coast of Scotland, SSE Renewables said this week, adding that a record has been…
German offshore wind farm developer RWE has selected two preferred suppliers for the electrical transmission system and entered into early works agreements in relation to the construction of the Thor offshore wind farm in Denmark.With a planned capacity of 1…
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