Latest News - page 177

 

Interocean Nets Marine Services Contract for Three UK Offshore Wind Farms

Feb 04, 2025

Specialist provider of offshore support services Interocean Marine Services has secured a three-year contract to provide marine vetting and assurance to the Morgan, Mona and Morven offshore wind projects.The offshore wind farms are being developed…

Acteon Marks First-Year Milestone at German Offshore Wind Farm O&M Job

Feb 04, 2025

Acteon, through its geo-services brand UTEC, has completed the first year of a three-year balance of plant inspection contract with Siemens Gamesa Renewable Energy (SGRE) for the 228 MW Butendiek offshore wind farm in Germany.During the first year…

Shell Puts New FPSO at Penguins Field into Production

Feb 04, 2025

Shell has restarted production at the Penguins field in the U.K. North Sea with a new floating, production, storage and offloading (FPSO) unit.The previous export route for the field, operated by Shell with 50% interest, and partner NEO Energy with the remaining 50%…

Petrobras Sees 10.5% Decline in Q4 Oil and Gas Production

Feb 04, 2025

Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.Petrobras, Latin America's largest oil producer…

Japan's Mitsui Eyes Alaska LNG Project

Feb 04, 2025

Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering…

ABL to Provide MWS Services to Saipem for Libyan Offshore Gas Field

Feb 04, 2025

Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I) operations relating to Libya’s Bouri Gas Utilisation Project (BGUP)…

Noble Corporation to Retire Two Drillships

Feb 04, 2025

Offshore drilling contractor Noble Corporation has outlined plans to divest the cold stacked drillships Pacific Meltem and Pacific Scirocco, permanently retiring the units from drilling operations.Noble Corporation said the decision was made…

Coastal Virginia Offshore Wind Project Remains on Track

Feb 03, 2025

Dominion Energy has stated that the 2.6GW Coastal Virginia Offshore Wind (CVOW) project is now approximately 50% complete and remains on track for on-time completion at the end of 2026.CVOW is credited with creating 2,000 direct and indirect American jobs and $2 billion of economic activity…

No New Offshore Wind Contracts for New Jersey

Feb 03, 2025

New Jersey officials on Monday said the state would not grant awards for new offshore wind contracts, a sign that U.S. President Donald Trump's order to review the federal offshore wind program is putting a chill on the industry.The announcement…

Talos Energy Hires Former Shell Executive as CEO

Feb 03, 2025

U.S. oil and gas company Talos Energy has appointed Paul Goodfellow as President, Chief Executive Officer (CEO) and a member of the company’s Board of Directors.Paul Goodfellow brings over thirty years of domestic and international experience…

EIB, EBRD Grant $620M for Poland’s Largest Offshore Wind Farm

Feb 03, 2025

The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have granted a total of $623.6 million to support the development of 1.5 GW Baltica 2 offshore wind farm, the second and the largest offshore wind farm in Poland…

TenneT Signs Consortium to Connect 2GW Dutch Offshore Wind Farm to Grid

Feb 03, 2025

The consortium of pension fund ABP, pension investor APG and wind energy developer SSE has signed a realization agreement with transmission system operator (TSO) TenneT for the Dutch offshore grid connection of 2 GW IJmuiden Ver Alpha wind farm…

Tidal Transit Secures Funding for ‘World’s First’ Electric CTV Fleet

Feb 03, 2025

U.K.-based offshore wind crew transfer vessel (CTV) owner Tidal Transit has secured equity financing from maritime and logistics investor HICO Investment Group to expand its fleet with six new electric CTVs (E-CTVs).The strategic expansion is…

Mitsubishi Reassessing Japan Offshore Wind Projects Amid Market Changes

Feb 03, 2025

Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a 'significantly changed' business environment, showing that the country is not immune to rising costs across offshore wind projects globally…

Mexico’s Deepwater Gas Project Up for ‘Substantial Changes’

Feb 03, 2025

Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.Slim's…

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