A project to create a new “21st century” electrified oil production hub in the UK North Sea was unveiled Tuesday (February 11) reflecting a convergence of efforts to unlock marginal fields and decarbonize the offshore hydrocarbon industry.The…
UK-focused oil firm Jersey Oil and Gas (JOG) has agreed to (re)acquire Equinor's 70 percent stake in the Verbier oil discovery in the UK North Sea. JOG will also become the operator.The consideration for the acquisition consists of two milestone…
Danish offshore wind farm company Ørsted is set to host an open house in the first week of February to update Atlantic City residents on the progress of Ocean Wind, New Jersey's first offshore wind project.Ørsted was in June 2019 selected as…
New Jersey Governor Phil Murphy signed into legislation Bill, expanding the definition of a 'qualified offshore wind project'. This definition now includes an 'open access offshore wind transmission facility'.With the new legislation in place…
EGS Group, provider of survey solutions, has secured a contract to carry out a geophysical survey at Ørsted’s 1100MW Ocean Wind offshore wind project in New Jersey, the U.S.The survey work, aimed at providing high-resolution geophysical data…
As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7…
UK focused independent upstream oil and gas company Jersey Oil & Gas said it has awarded contracts to consultancy Rockflow and services company Petrofac to support the Greater Buchan Area (GBA) development in the North Sea.Rockflow will provide subsurface evaluation support…
Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, announced the launch of ocean survey operations today within the Atlantic Shores lease area, in order to inform future turbine development…
Petrofac, a provider of oilfield services to the international oil and gas industry, has been awarded a major contract extension in support of Repsol Sinopec Resources UK Limited’s North Sea operations.The Jersey-based energy services firm said…
New Jersey's Governor Phil Murphy has signed an executive order to establish a Council for the Wind Innovation and New Development (WIND) Institute.The institute will develop and implement a plan to create a regional hub for New Jersey’s offshore…
Frank Joseph Pallone Jr., the U.S. Representative for New Jersey's 6th congressional district, says that the battle against the Trump Administration’s push for seismic blasting and drilling for oil and gas in the Atlantic Ocean has made progress…
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling…
Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal with a U.S. state to date.The New Jersey Board of Public Utilities (NJBPU)…
New Jersey on Friday selected Denmark's Orsted A/S to develop a 1,100-megawatt wind project off the coast of Atlantic City, the largest ever offshore wind procurement by a U.S. state.Orsted's proposal received unanimous approval at a meeting…
Atlantic Shores Offshore Wind, a 50:50 joint venture between Shell and EDF Renewables North America, has entered into a Memorandum of Understanding (MOU) with Rutgers University to advance ocean research and monitoring that will support offshore wind development…