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RWE and Masdar to Co-develop Giant British Offshore Wind Project

Dec 01, 2023

Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday.The announcement…

JIP to Advance Offshore Wind Concrete Floater Standards

Dec 01, 2023

DNV secured partners to launch a new project to enhance technology development and prepare for scale/industrialization of concrete substructures for floating offshore wind.The new Joint Industry Project (JIP) called Concrete FLOW will optimize…

Malaysia Banks 1 Billion+ BOE Discoveries in 2023

Dec 01, 2023

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023. This achievement…

Fincantieri Set to Acquire Remazel Engineering

Dec 01, 2023

Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment…

Brazil to Join OPEC+ But Won't Cap Oil Output, Petrobras CEO Says

Dec 01, 2023

Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras PETR4.SA told Reuters.The group's surprising…

Japan Urged to Scale up Offshore Wind Auctions

Nov 30, 2023

International energy companies, from Germany's RWE to Spain's Iberdrola, are urging Japan to beef up offshore wind power auctions and make investments more attractive, amid soaring installation costs as competition for suppliers grows worldwide…

Vestas Secures 203MW Order in the US

Nov 30, 2023

Vestas has received a 203MW order to power an undisclosed wind project in the US. The order consists of 45 V163-4.5MW wind turbines.The orders include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement…

ABS Supports Edison Chouest with Sustainability Reporting

Nov 30, 2023

ABS is working with offshore support vessel operator Edison Chouest Offshore (ECO) on its decarbonization journey with greenhouse gas inventory and sustainability reporting services. ECO has nearly 300 vessels.ABS specialists have been working…

McAllister Towing Releases Its First Sustainability Report

Nov 30, 2023

McAllister Towing has released its inaugural sustainability report.ABS specialists worked with McAllister’s team to provide greenhouse gas inventory and sustainability reporting services, calculating the operational carbon intensity and benchmarking…

Strohm Receives Qualification for Deepwater TCP Flowline

Nov 30, 2023

Thermoplastic composite pipe (TCP) technology company, Strohm, has had a Statement of Qualified Technology issued by DNV for its six-inch EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters.It is…

Ashtead Technology Acquires ACE Winches

Nov 30, 2023

International subsea equipment rental and solutions specialist Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of ACE Winches.Established in 1992, ACE Winches’ core offering supports the installation…

bp's Search for New CEO to Extend into Next Year

Nov 30, 2023

bp's search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board's probe into whether previous CEO Bernard Looney breached the code of conduct in his undisclosed personal relationships with staff drags on…

New York Launches Offshore Wind Solicitation

Nov 30, 2023

New York released a new offshore wind solicitation on Thursday to keep the state on track to meet its renewable energy goals and support a nascent industry that has faced financial trouble in recent months.Offshore wind is expected to play a…

Ørsted Secures Korean Offshore Wind License

Nov 30, 2023

Ørsted has secured approval for a 1.6 GW Electricity Business License from the Ministry of Trade, Industry and Energy of the Republic of Korea.The license grants Ørsted exclusive development rights for a gigawatt-scale offshore wind project 70 kilometers off the coast of Incheon City…

Equinor Names California Floating Wind Project

Nov 29, 2023

Equinor has announced the name of its floating offshore wind project off the coast of California, Atlas Wind. The lease area, which lies 60 miles from Morro Bay, has the capacity to provide over 2GW of reliable, renewable power, enough to power 1…

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