U.S. oil and gas major Chevron has completed the arm-in agreement with Custos Energy and NAMCOR for PEL 82 in the Walvis Basin offshore Namibia, acquiring an 80% participating interest and operatorship of the development.Following Chevron’s 80% farm-in, Custos and the National Petroleum Corporation of Namibia (NAMCOR) each retained a 10% interest.The transaction marks a significant step in the development of Namibia’s offshore oil and gas sector…
While the U.S. Offshore Wind market – and really most renewable energies – have been in the legislative crosshairs since January 20, 2025 and the emergence of Trump 2.0, there remain opportunities and pockets of hope. Phil Lewis, Director of Research…
Huisman announces the launch of its latest innovation in data-driven solutions, Performance Insights. This application empowers Huisman equipment owners to optimize operations, enhance efficiency, and ensure the longevity of their equipment through comprehensive usage monitoring…
Some expert thoughts on AI in 2025:“In 2025, AI won’t just be a tool; it will be a collaborator.”“In 2025, the most productive employees will work alongside AI agents.”AI agents are an advance on large language models (LLMs). LLMs at present…
Offshore Engineer interviewed global offshore energy expert Philip Lewis, Director of Research, Intelatus, for insights on the emerging offshore floating wind market through 2035, detailing the investments that need to be made now in technology…
Offshore Engineer interviewed global offshore energy expert Philip Lewis, Director of Research, Intelatus, for insights on the emerging offshore floating wind market through 2035, detailing the investments that need to be made now in technology…
AST Reygar has introduced its BareFLEET remote monitoring system, a solution designed to optimize Service Operation Vessels (SOV) performance in real-time, while providing long-term operational insights.BareFLEET delivers actionable insights across key areas…
Portuguese oil company Galp has started second exploration and appraisal campaign at Orange Basin block, offshore Namibia.The appraisal campaign is being conducted at blocks 2813A and 2814B, part of PEL 83 license, where Galp is the operator with 80% stake…
Lloyd's Register (LR) has published its first Recommended Practice (RP) for Floating Offshore Wind Turbine Support Structures. Developed in alignment with established international codes and standards, including IEC 61400-3-2 and the ISO 19000 series…
Fugro has started site investigation and geoconsulting works for Germany’s Rhein-Main-Link energy route, which will transport electricity from offshore wind farms in the North Sea to Germany’s Rhein-Main metropolitan region.Fugro is conducting the works under the contract with ARGE R-M-L…
SLB and NVIDIA have expanded their long-standing collaboration to accelerate and scale up the development of generative artificial intelligence (AI) solutions for the energy industry.The collaboration accelerates the development and deployment…
Volue and Jua announce a partnership to harness the power of AI driven weather predictionVolue announced a partnership agreement with Jua that the tandem see as revolutionizing weather prediction for the renewable energy market. The partnership…
The Bureau of Ocean Energy Management (BOEM) has concluded that leases for potential offshore wind energy development off the Oregon coast would have no significant impacts to people or environment.BOEM has made available its final Environmental…
RWE has appointed Kevin Kroll to serve as Chief Operating Officer (COO) of its U.S. renewables business, RWE Clean Energy.Starting August 1, under the lead of Andrew Flanagan, CEO of RWE Clean Energy, Kroll will complete the Executive Leadership…
Global energy consultancy Xodus has created a new dedicated renewables engineering arm Evolv Energies to strengthen its capabilities in the offshore markets.Evolv Energies has been formed to deliver a broader engineering service as developments ramp up globally…
Subscribe
