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First Oregon Offshore Wind Lease Sale Announced

Aug 29, 2024

The US Department of the Interior will hold an offshore wind energy lease sale off southern Oregon on October 15, 2024.The auction will be conducted by the Bureau of Ocean Energy Management and could generate more than 3.1 gigawatts of renewable energy if fully developed…

Oceaneering Reports Multiple UK North Sea Contract Wins

Aug 29, 2024

Oceaneering International, Inc. announced that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the U.K. sector of the North Sea…

Senesco Launches Fifth CTV for WindServe Marine

Aug 29, 2024

Senesco Marine recently held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Frontier.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part…

New Deepwater Berth Opens to Accommodate Offshore Wind Vessels in New Bedford

Aug 29, 2024

The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…

Mass. Maritime Renews Offshore Wind Training Partnership with RelyOn Nutec

Aug 29, 2024

Massachusetts Maritime Academy (MMA) on Thursday announced it has renewed its training partnership agreement with RelyOn Nutec GoM (Gulf of Mexico).The partnership was formed in 2019 and over the past five years has provided specialized Global…

Namibian Oil Discoveries Send Asset Demand Soaring

Aug 29, 2024

The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual jump on record.The Exchange Traded Fund tracking local government…

Archer to Support TotalEnergies' Culzean Floating Wind Project

Aug 29, 2024

Archer Wind, Archer’s floating offshore wind solutions provider, has been awarded its first contract by TotalEnergies for delivery of the floating wind foundation for the Culzean Wind Pilot.The Culzean Wind Pilot will be connected to the Culzean platform…

1.1 GW Floating Offshore Wind Farm earns Key Approval

Aug 29, 2024

Mainstream Renewable Power, the pureplay global wind and solar company majority-owned by Aker Horizons ASA, announced that joint venture KF Wind, a 1,125 MW floating offshore wind project being developed off the coast of Ulsan and owned by Mainstream (33…

Environmental Approval Granted for Floating Wind Project in South Korea

Aug 29, 2024

Mainstream Renewable Power, the pureplay global wind and solar company majority-owned by Aker Horizons, has announced that KF Wind, a 1,125MW floating offshore wind project being developed off the coast of Ulsan, South Korea, has secured the…

Floating Offshore Wind Pilot Project will Provide Power to Gas Platform

Aug 29, 2024

TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea.Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area…

Ørsted Marks Green Transition with Final Coal Plant Shut-Down

Aug 29, 2024

On August 31, Ørsted will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station, located in the Western part of Denmark.The yearly consumption of coal at Esbjerg Power Station has been approximately 500,000 tonnes…

Inertial Navigation System to Boost Wind Turbine Installation Precision

Aug 28, 2024

Manufacturer of advanced inertial navigation systems (INS), Exail, has secured a contract to supply three Hydrins INS to Pliant Offshore, an offshore measurement specialist.The units will be integrated into Pliant Offshore’s installation measurement…

Equinor Drops Offshore Wind Projects in Spain and Portugal Due to Rising Costs

Aug 28, 2024

Norwegian energy company Equinor has canceled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam, and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday…

Energy Academic Victor Rodriguez to Be Next Pemex Chief

Aug 28, 2024

Mexico's incoming president tapped academic Victor Rodriguez to be the next top executive of debt-ridden oil giant Pemex on Monday, among the last senior nominations for the country's financially volatile and politically sensitive energy sector…

Petrobras Will Seek to Reduce Gas Reinjection When Possible

Aug 28, 2024

Brazil's state-run oil firm Petrobras will do what it can to reduce the reinjection of natural gas into oil wells, Chief Executive Magda Chambriard said on Wednesday.The government published a decree on Monday authorizing the oil regulator ANP…

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