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Iberdrola and Masdar to Invest $16 Billion in Green Energy

Dec 05, 2023

Spanish renewable energy giant Iberdrola and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States…

Exxon's CEO Sets Ambitious Agenda on Tight Timeline

Dec 05, 2023

Exxon Mobil CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss.Redemption came this year when - aided by a share price pumped…

Colombia Launches First Bidding Round for Offshore Wind Power Concessions

Dec 05, 2023

Colombia on Tuesday officially launched its first bidding round for offshore wind energy concessions, part of efforts by its first leftist government to wean it off oil and gas production.Energy minister Andres Camacho announced the conditions from Dubai…

Vessel to Complete Mexico's First Floating LNG Plant Sets Sail

Dec 05, 2023

A storage vessel for Mexico's first liquefied natural gas (LNG) plant departed U.S. waters on Monday for Altamira, Mexico, according to ship tracking data, putting the offshore project on track to soon inaugurate exports.LNG developer New Fortress Energy last week said its 1…

AMETEK LMS – Magnetrol Genesis Multiphase Detector

Dec 05, 2023

Genesis is a 24 VDC, Time Domain Reflectometry (TDR) – based, Multiphase Detector which is designed to measure multiple phases in applications with thick and dynamic emulsion layers:Vapor phaseTotal level (e.g., hydrocarbon liquid)Top of emulsion layerBottom of emulsion layer (e…

Seatools Completes FAT for DEME's Fall Pipe ROV

Dec 05, 2023

Seatools completed Factory Acceptance Tests (FAT) for a Fall Pipe ROV developed for DEME, to be deployed on DEME's upcoming subsea rock installation vessel Yellowstone, scheduled to join the fleet in the first half of 2024.The new Fall Pipe ROV introduces several unique features…

Vattenfall, BASF Partner on Nordlicht 1 and 2

Dec 05, 2023

Vattenfall and BASF are in advanced and exclusive discussions to partner on the Nordlicht 1 and 2 projects through a sale of 49 percent of the project shares to BASF. Both parties signed a Memorandum of Understanding to formally express their joint ambition…

Burrows Tapped to Lead DNV CCUS Unit

Dec 05, 2023

DNV appointed Jamie Burrows to head its Energy Systems business area’s Carbon Capture, Utilization, and Storage (CCUS) unit. The appointment comes as a response to growing demand from these fossil fuels-reliant industries to reduce their CO2 emissions…

Indonesia OKs Plan for Rokan Block

Dec 05, 2023

Indonesia has approved a $238.71 million development plan for steamflood enhanced oil recovery in the Rokan block, the country's upstream oil and gas regulator SKK Migas said. The first development phase of the Rantaubais field in Rokan block…

CBED Expands Fleet with Two SOVs

Dec 04, 2023

Danish shipowner CBED has acquired two SOVs which are expected to be delivered end of Q1 2024.  Following delivery from seller, Dutch-based shipping company Vroon, both Wind Evolution (formerly Vos Start) and Wind Creation (formerly Vos Stone) will be dry-docked for refurbishing…

16,000 Extra Workers Needed in UK’s Offshore Wind Sector by 2030

Dec 04, 2023

A new labor forecasting tool (LFT) is predicting around 16,000 additional workers could be needed in the UK’s offshore wind industry by 2030, and 12,000 extra workers will be needed specifically for carbon capture and hydrogen projects by 2027…

Talos Energy Names Spath EVP & Head of Operations

Dec 04, 2023

Talos Energy Inc. announced the appointment of John Spath as Executive Vice President and Head of Operations, effective immediately. Spath, who succeeds Robert 'Bob' Abendschein, Executive Vice President and Chief Operating Officer, will have…

Offshore Wind: Great Lakes Awarded Another Rock Install Job

Dec 04, 2023

U.S.-based dredging and marine services company Great Lakes Dredge & Dock Corporation on Monday announced it has been awarded a third rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast of the United States…

UK, Finland, Estonia Practice Subsea Infrastructure Protection in Baltic Sea

Dec 04, 2023

The navies of Britain, Finland and Estonia were practising subsea infrastructure protection in the Baltic Sea region on Monday together with the Finnish Border Guard, Finland's Defence Forces said in a statement.In early October a gas pipeline…

Snam Finalizes Purchase of FSRU for Ravenna

Dec 04, 2023

Snam has finalized the 400 million euro acquisition of a new floating liquefied natural gas (LNG) terminal that will be located offshore from the city of Ravenna, the Italian gas grid operator said on Monday.The new ship dubbed BW Singapore has a storage capacity of about 170…

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