Offshore wind developer Ørsted and vessel owner Esvagt on Friday announced an investment in what they claim to be the world’s first service operation vessel (SOV) that can operate on green fuels. 'The SOV will be powered by batteries and dual fuel engines…
Oil and gas company Neptune Energy said Friday it would double gas output from the Duva field in the Norwegian part of the North Sea, supporting increased supplies to the UK and Europe.'The partnership has worked closely with the Norwegian authorities…
Australian oil and gas company Santos has started drilling at the Apus-1 well offshore W. Australia, using the Noble Tom Prosser jack-up drilling rig.The rig recently moved to the Apus-1 well site from the Pavo-1 well where Santos, and its partner Carnarvon…
Israeli energy conglomerate Delek Group said on Thursday its North Sea subsidiary Ithaca has acquired private equity-backed Siccar Point Energy for $1.1 billion [plus contingent payments totaling a maximum of USD 360 million].The acquisition…
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday.The post-tax impairments…
If awards were given for dominating the sustainable energy spotlight, offshore wind (OSW) would surely be in line for top honors.Consider:Big money: BOEM’s February sale of New York Bight offshore wind development rights drew a record $4.37 billion in developers’ bids…
The Canadian government on Wednesday approved a $12 billion offshore oil project proposed by Norway's Equinor, after an environmental assessment concluded it would not cause significant adverse effects.The Bay du Nord project would involve building…
Brazil's government on Wednesday tapped Jose Mauro Coelho, a high-ranking technocrat with expertise in the nation's oil and gas sector, as the next chief executive of state-run oil company Petrobras.The appointment comes amid a hectic several days for Petroleo Brasileiro SA…
Nauticus Robotics, Inc., a Houston-area developer of surface and subsea robots, autonomy software, and associated ocean services announced the appointment of Donnelly Bohan as the company’s new Chief Operating Officer, effective April 4, 2022…
Britain set out plans to expand nuclear and offshore wind power on Thursday to bolster its energy independence, but a failure to target improved energy efficiency even as heating costs surge was attacked for lacking ambition.With energy prices hitting record highs this year…
Norwegian offshore vessel owner Solstad Offshore has sold six more vessels, wrapping up its fleet 'right-sizing' plan announced in 2020.As previously reported, back in 2020, Solstad Offshore said that, as part of its restructuring agreement…
Moray East offshore wind farm in the UK has achieved its full contracted output of 900 MW to the UK National Transmission Grid, Ocean Winds (OW), a 50-50 joint venture between EDP Renewables (EDPR) and ENGIE, has said.'The windfarm has been…
Dutch marine services contractor Boskalis has shared a video of its BOKA Vanguard semi-submersible heavy transportation vessel carrying the Equinor's Johan Castberg FPSO to Norway.In mid-February, the BOKA Vanguard loaded with the 70,000-ton…
German-based renewable energy company RWE, which in late 2021 via a lottery system won the rights to build Thor, Denmark's largest offshore wind farm, has now signed a contract with the Danish grid operator Energinet for the Thor wind farm.The agreement regulates the technical setup…
UK-based offshore wind technology supplier Osbit has said it has delivered a new monopile gripper system to Yunneng Wind Power Co. Ltd (Yunneng), a subsidiary of wpd offshore, which is building the Yunlin offshore wind farm in Taiwan.The system…
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