Hitachi Energy and industry group WindEurope have published a new report which concludes that Europe needs more meshed grids to ensure its offshore wind development.Meshed grids are clusters of offshore wind farms with fewer cables connected…
Norwegian energy regulator NVE on Tuesday recommended 20 areas suitable for deploying offshore wind farms that will help meet a 2040 target for 30 gigawatts (GW) of capacity.The areas, dotted along Norway's vast coastline, were the ones believed…
An arbitration tribunal this week ruled in favor of Keppel FELS in the case vs. Awilco Drilling over a June 2020 offshore drilling rig construction termination.Awilco Drilling in 2018 ordered the harsh environment semi-submersible drilling rig from Keppel…
The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invited public comment on possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented an early step in the…
The Gothenburg Port Authority will become a partner in Eolus’ 1GW Västvind offshore wind power project, offshore Gothenburg, Sweden, to meet growing electricity demand.According to Eolus, the offshore wind farm will be able to generate electricity…
Export Finance Norway (Eksfin) has financed Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees.'The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland…
Seven companies in Germany's energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centers of industrial consumption. Germany wants to build 10 gigawatts of green hydrogen capacity, made from solar and wind power…
Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler…
A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…
Halliburton Co reported a higher first-quarter profit on Tuesday, wrapping up upbeat earnings from the world's top oilfield services providers as higher oil prices encouraged drilling activity and boosted demand for services and equipment. Global…
The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…
North Sea-focused well plugging and abandonment service provider Well-Safe Solutions has unveiled a D300 saturation diving system aboard its Well-Safe Guardian P&A rig.The custom-built dive spread, with capacity for up to 15 persons, enables…
Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, is unveiling third-generation technology this week at a wind industry event in Denmark.The company said its enhanced design 'further refines Gazelle’s…
Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…
The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country's sovereign wealth fund which was set up in 2014 following the discovery of huge [offshore] natural gas deposits.After a four…
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