After Mexico's Pemex said Sunday it had signed a deal with the U.S. firm New Fortress Energy (NFE) to develop the Lakach deepwater gas/condensate field, the confirmation also came from NFE, which shared more info on the development plan.The…
Oil and gas company Equinor said Wednesday that its Gudrun, Oseberg South, Oseberg East offshore fields had started run-up of production, after the strike among members of the Norwegian Organisation of Managers and Executives (Lederne) was called off…
Mocean Energy has started tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.The Edinburgh-based wave power company is of seven technology developers awarded contracts for phase 1 of the €20 million R&D scheme…
Britain's latest subsidy auction to help support new renewable energy projects awarded contracts to projects capable of generating a record 11 gigawatts (GW) of electricity, the government said on Thursday.The 11 GW of clean energy capacity…
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded the offshore wind farm developer Ørsted a contract for difference for its Hornsea 3 offshore wind farm. The wind farm has been described as the world's single biggest offshore wind farm…
Vattenfall said Thursday it had won Contracts for Difference for the Norfolk Boreas offshore wind farm, the first phase of Vattenfall’s Norfolk Offshore Wind Zone and one of the world’s largest offshore wind zones.The CfD scheme is the UK’s…
Hellenic Cables has signed an exclusivity and capacity agreement (ECA) to supply 66 kV XLPE-insulated inter-array cables and associated accessories for the Hai Long 2 and 3 offshore wind project in Taiwan.Hai Long offshore wind farm project in Taiwan will comprise two offshore wind farms (OWFs)…
Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday's heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns.Brent LCOc1 futures for September delivery fell $2…
Floating wind farm developer Hexicon Korea has agreed to sell its entire Yeonggwang Project, a floating offshore wind project off the south-west coast of South Korea, to an undisclosed major energy company.'Hexicon Korea thereby sells off its 40 percent stake in the project…
Offshore oil and gas safety regulator The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has laid three charges against Hibernia Management and Development Company Ltd. (HMDC) for alleged offenses related to a spill of petroleum…
Seismic data companies TGS and CGG said this week they were successful in their respective bids in the auction process conducted in relation to their rival's ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United…
The Irish-based oil and gas company Providence Resources, focused on developing the Barryroe field in the Celtic Sea, off Ireland, has appointed Alan Curran as Interim Chief Executive effective.Following Curran's appointment, James Menton reverts to his role as non-executive Chairman of the Board…
The British government said on Wednesday that plans to bolster the country's energy security, diversify away from fossil fuels, and protect consumers from spiraling prices are set to become law.Britain's energy security bill will be introduced…
Dutch/German grid operator TenneT said Wednedsay that in the tendering process for the award of the contract to build the 235-kilometre-long offshore grid connection system BorWin6, has now also awarded the contract for cable pro-duction and laying…
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…
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