Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…
Danish offshore drilling firm Maersk Drilling has secured a two-well contract extension for one of its drilling rigs in Brazil.The contract, for the Maersk Developer semi-submersible drilling rig, is with Karoon Energy, which on Thursday announced…
The first of four Ocean Sun floating solar plants started operation Wednesday at the Statkraft Banja reservoir in Albania.The floater is located on Statkraft’s 72-megawatt hydropower plant and is now generating renewable energy and injecting the power into the Albanian national electricity grid…
Vagit Alekperov, the head of Russia's second-largest oil company Lukoil, said on Thursday that he expects the group of leading oil producers, known as OPEC+, will decide to raise output at its meeting next month.In an interview with Reuters…
Offshore wind farm developer Ørsted said Thursday it would work to either reuse, recycle, or recover all of the wind turbine blades in its global portfolio of onshore and offshore wind farms upon decommissioning.Mads Nipper, CEO of Ørsted said…
Excelerate Energy’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.The Exemplar, with a storage capacity of 150,900 m3…
Five companies in the North of Tyne region of England have been selected to present their offshore wind solutions to the offshore energy industry players EDF Renewables and Equinor as part of the Technology, Innovation & Green Growth for Offshore…
Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…
Offshore vessel operator Bourbon Offshore Surf has won a tender for the supply and management of the crew and nautical activities of the deep-sea vessels owned by the French Department of Underwater Archaeological Research (DRASSM) Alfred Merlin and André Malraux…
Offshore services company Acteon has secured an integrated project with Saipem for casing installation and drilling support on the Calvados offshore wind farm (Courseulles-sur-Mer). The contract was signed by LDD, a company in Acteon's foundations and cables segment…
Australian oil and gas company Karoon has reached the Final Investment Decision to proceed with the development of the Patola field, offshore Brazil.The Patola field is located within the 100% Karoon-owned and operated BM-S-40 Production Licence in the Santos Basin…
Japanese FPSO specialist MODEC has been awarded the contract for the delivery of an FPSO unit for Equinor's Bacalhau development.The EPCI contract award follows the final investment decision for the development of the field, announced by Equinor and its partners Tuesday…
Offshore drilling firm Valaris said Wednesday it had won a contract extension for one of its jack-up drilling rigs with Norway-based oil company Equinor.The contract is for the Valaris JU-291 jack-up drilling unit, formerly known as the Rowan Stavanger…
Norwegian-based Awind has secured a charter contract for its first “walk-to-work” Commissioning Service Operation Vessel (CSOV) at the Dogger Bank offshore wind farm in the UK.The contract at what will become the world's largest offshore wind farm will start in the second quarter of 2023…
Norwegian shipbuilder Ulstein has this week delivered the cable-laying vessel Nexans Aurora to its owner Nexans.The vessel will be used for the transfer and installation of subsea high voltage cables and a variety of subsea construction jobs…
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