Suriname's Staatsolie Hydrocarbon Institute (SHI) has this week announced the launch of a competitive bid round for six new oil and gas exploration blocks.The blocks are located in the currently sparsely explored Demerara acreage of Suriname…
The UK Government has granted Port of Aberdeen more than £200,000 in funding to accelerate the port’s drive to Net Zero by 2040.The ‘Port Zero’ feasibility study, which is part of the Clean Maritime Demonstration Competition Round 2 (CMDC2)…
Drilling operations have been completed at the Northern Lights project in the Norwegian part of the North Sea for a CO2 injection well and a contingent injection well within CO2 storage license EL001.Northern Lights partners said Thursday that…
Any changes to Britain's oil and gas windfall tax law that would remove incentives to invest in the North Sea would make field developments in the ageing basin 'uneconomical', the chairman of newly-listed Ithaca Energy said on Wednesday. Ithaca…
Enauta, a Brazilian oil company, has begun drilling the new well 7-ATL-5H-RJS in the Atlanta Field of the Santos Basin, off the coast of Brazil.According to Enauta, the new well will cost $75 million to drill and connect to the FPSO at the field…
Wind turbine maker Siemens Gamesa said on Thursday it missed its full-year target as revenue declined, mostly due to delays in project execution and supply chain disruptions hampering production of wind turbine generators. The company said its core earnings margin during the year that ended on Sept…
Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Chevron New Energies International Pte…
SBM Offshore revised upwards its full-year revenue and core profit forecast on Thursday after the Dutch oil and gas services firm pointed to 'solid' quarterly results. The company now expects an annual revenue of more than $3.2 billion, bringing earnings before interest…
Soaring costs and supply chain bottlenecks have put a question mark over plans for what would be the world's most northern oilfield in production, with Norway's Equinor and its partners postponing a decision on the Arctic project. Environmental…
The strong winds blowing over Australia’s rugged coastlines will soon power many of [Australia's] homes, as offshore wind farms are poised to begin construction. But a new research highlights the need to ensure any potential risks to marine life is properly mitigated…
Ocean Winds, which is building the Moray West offshore wind farm in the UK, has signed contracts with JDR Cables and Seaway 7 for the supply and installation of the inter-array cables.The subseacables will connect the wind turbines back to the…
The UK-based Offshore Wind Growth Partnership (OWGP) has launched a new Innovation Grant funding competition targeted at two offshore wind industry innovation priorities: Decarbonising the sector and Improving reliability.Sponsored by Equinor…
The Norwegian energy company Equinor and the UK-based Offshore Renewable Energy (ORE) Catapult said Wednesday they had entered a collaboration deal to address some of the most pressing issues facing the offshore renewables sector.The UK-wide partnership brings together Equinor…
Demand for electricity in Norway will continue to outpace supply growth in the coming years, leading to a likely power deficit by 2027, transmission grid operator Statnett said on Wednesday. Power demand in Norway is expected to grow to 164 terawatt hours (TWh) in 2027…
Belgium-based offshore installation company DEME said Wednesday it had secured contracts representing 1 GW for the Hai Long wind farms in Taiwan. DEME said that the deal between its Taiwan JV CSBC-DEME Wind Engineering (CDWE) and Hai Long Offshore…
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