Britain's renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonize the power grid.Labour…
SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic Power offshore wind farm.The services will be kicked off with the preparatory phase in summer, with operations starting in the last quarter of 2024…
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online…
Danish engineering group Ramboll has secured a foundation design contract for Gennaker offshore wind farm in the German Baltic Sea.Ramboll's scope of work includes developing the basic and detailed design of 63 monopile foundations that will…
Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) and Velocitas Geo Solutions have entered into agreement to collaborate on a ocean bottom node (OBN) seismic survey in the Barents Sea.The fully pre-funded OBN survey marks EMGS' first venture into seismic node projects…
Italian cable maker and installation services provider Prysmian has completed sea trial tests for ultra-deep installation of High Voltage Direct Current Mass Impregnated (HVDC MI) subsea cable at water depth of 2,150 meters.This is an industry record breaking installation…
Offshore accommodation rig provider Prosafe has received a letter of intent (LoI) from Ithaca Energy for the charter of its Safe Caledonia offshore accommodation rig for work at the Captain field in the UK sector of the North Sea.As stated in the LoI…
Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South area in the Norwegian Sea.The partnership submitted the plan for development and operation (PDO)…
TotalEnergies, the operator of the Tyra II project on behalf of consortium partners, has faced another technical issue during the commissioning of Denmark’s largest offshore gas development.TotalEnergies, the operator of the Danish Underground Consortium in charge of Tyra II redevelopment…
The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024…
Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh…
Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources…
With its two latest vessel deliveries, WINDEA CTV has completed its inaugural fleet of Jones Act qualified crew transfer vessels (CTV) to service the growing U.S. offshore wind industry.The four brand-new Incat Crowther-designed hybrid-ready…
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…
North Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue.Starmer's Labour Party swept to power in a parliamentary election on Thursday…
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