Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks.The round, which concludes on Aug. 1, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez…
French energy firm Engie, and Norway-based Equinor said Thursday they were teaming up in development in 'low-carbon hydrogen activities.' The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore…
DEME Offshore has won a contract to transport and install the jackets and topsides for two substations for the Hollandse Kust offshore wind farms, in the Dutch sector of the North Sea.The company will also supply and install scour protection for both substations…
Tekmar Energy has said it has won contracts to provide cable protection systems for two offshore wind farm projects located in the coastal province of Guangdong in southeast China.Under the contracts with unnamed clients, Tekmar Energy will…
A pioneering project to build the U.S.’s first pre-permitted wave energy testing facility cleared a critical hurdle this week with a lease award from the Bureau of Ocean Energy Management (BOEM) to operate in federal waters about seven miles off the Oregon Coast…
The Middle East might soon be home to a unique floating wind turbine project led by a group of European companies. Namely, unlike the other floating wind projects currently developed or being worked on, aimed purely at producing electricity…
Norway-based operator of offshore support and construction vessels Solstad Offshore has secured a contract for its Normand Cutter vessel with Global Marine Group ('GMG').The construction support vessel is already on a contract with GMG, and the new contract will start in March 2021…
AbuQir Petroleum, a joint venture between Energean and Egypt's EGPC, has signed an integrated EPCI contract with offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement…
Norway-based offshore engineering and construction company Aker Solutions has signed a front-end engineering and design (FEED) contract to study the design and delivery of concrete foundations for the wind turbine generators (WTG) for the planned Empire Wind project in New York…
Aibel and Hitachi ABB Power Grids have secured contracts to deliver the offshore platform and associated transmission link for the third phase of the world’s largest offshore wind farm, the Dogger Bank in the UK.The Dogger Bank wind farm(s)…
BW Offshore, a company mainly known as the operator of FPSO vessels in the oil and gas industry, is creating what it calls 'a floating offshore wind champion targeting large-scale projects,' following an agreement signed Wednesday to buy into the floating offshore wind tech developer Ideol…
Offshore installation and construction company Allseas which is working to get into the subsea mining business, has awarded a contract to Strohm to deliver a composite jumper for its in deepsea mining technology.Last year, Allseas announced…
Norway’s preliminary natural gas output exceeded official forecasts, while oil production was in line with expectations, data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output slipped 0.6% from December to 1.8 million barrels per day (bpd) in January but was 9…
Oil major BP is launching its first share award scheme to rally its more than 60,000 employees around CEO Bernard Looney’s plan to shift to renewable energy following a bruising year of mass layoffs, bonus suspensions, and spending cuts.The distribution of the shares…
Russian oil company Lukoil is still working to obtain a share in the offshore block in Senegal containing the Sangomar development, after its first attempt last year to buy Cairn's share in the project was blocked out by Woodside, which exercised its pre-emption rights as a partner in the block…
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