Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected contractor Riggs Distler & Company to lead the Cardiff substation expansion program for Atlantic Shores Project 1, New Jersey’s first offshore wind project…
A former chief executive of Indonesia's state energy firm Pertamina has been sentenced to nine years in jail for graft in a case related to a long-term contract to procure liquefied natural gas from a unit of U.S. company Cheniere Energy.The…
A newly formed company headed by a former Exxon Mobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.Fulcrum LNG…
Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, have made a final investment decision (FID) on the Cedar LNG project, a floating liquefied natural gas (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa)…
NYK and PT Pertamina International Shipping (PIS), a marine logistics subsidiary of PT Pertamina, a state-owned oil and gas company in Indonesia, have signed a memorandum of understanding (MoU) to collaborate in the field of liquefied carbon dioxide (LCO2) and LNG…
Japanese Industry Minister Ken Saito will visit Akita in northern Japan on Saturday to discuss the development of offshore wind power with industry and government officials, the ministry said on Tuesday.The move aligns with Japan's increased efforts to boost the deployment of renewable energy…
Offshore drilling contractor Seadrill on Tuesday announced it has completed the sale of its three rig jack-up fleet in Qatar.The previously disclosed sale sees the company divest the West Castor, West Telesto and West Tucana, as well as its…
Guyana's lucrative agreement with an ExxonMobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.The trio's combined net margin was 56%…
Denmark-based renewable energy technology developer Floating Power Plant has acquired wind turbine generator from Siemens Gamesa for its flagship floating wind, wave, and green hydrogen hybrid offshore platform.The selected wind turbine, a 4…
NextFloat+ project, being developed by X1 Wind, Technip Energies and NextFloat Plus, has received a multi-million-dollar grant from the European Commission’s Innovation Fund to accelerate deployment of X1 Wind’s 6 MW pre-commercial floating wind platform…
There is a flurry of development underway to cut seafloor seismic and geotechnical survey technologies free from on-site control.The deeper you go, the quieter the ocean becomes. It’s something that Kyrre Tjøm is exploiting in his back-to-basics approach to ocean bottom nodes (OBNs)…
Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately 49 jackups in June 2022 to 90 in just two years, seemed a daring feat. But fast forward to March 2024…
Despite unprecedented energy challenges, 68% of oil and gas industry leaders have expressed optimism for sector growth in the coming year, according to the most recent survey by DNV.The latest DNV survey, The Paradox of Petroleum - How the oil and gas sector is transforming through uncertainty…
German Federal Maritime and Hydrographic Agency has issued planning approvals for the first phase of RWE’s 1.6GW Nordseecluster, which includes the construction of 660 MW Nordseecluster A offshore wind project.The planning approval from the…
Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an undisclosed energy company for its Skandi Seven field support vessel (FSV).The LOI entails a two-year firm and one-year optional contract. The contract is defined as very large…
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