Equinor and Polenergia, the developers of the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland, have hired Smulders for the delivery of substations for both Baltic Sea developments, which will also work in consortium with Sif for the manufacturing of 100 transition pieces…
Viridien has announced the start of the Laconia 3D OBN multi-client seismic program in the US Gulf of Mexico.Covering 330 offshore continental shelf (OCS) blocks in the Garden Banks and Keathley Canyon protraction areas, the project is supported by industry funding…
TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea.Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area…
Chinese offshore oil and gas major CNOC posted record first-half profit on Thursday, boosted by output growth and higher oil prices.Net profit attributable to shareholders rose 25% to 79.73 billion yuan ($11.19 billion), CNOOC said in a filing with the Hong Kong Stock Exchange…
OPEC+ has two problems and two solutions.The first problem is that crude oil prices are too low for the comfort of most of the members of the group, which pulls together the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia…
RWE has installed an offshore converter platform at 1.4 GW Sofia offshore wind farm, its largest offshore wind development under construction in UK waters.The offshore converter platform (OCP), which converts high voltage alternating current (AC) to high voltage direct current (DC)…
GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was reported at the Dogger Bank A project…
A fleet of XOCEAN’s uncrewed surface vessels (USVs) will be deployed at Dogger Bank D offshore wind farm to carry out a multi-beam echosounder (MBES) geophysical survey, starting from August 13.Eleven XOCEAN USVs will be mobilized from Scarborough…
Norwegian energy company Equinor has canceled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam, and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday…
The United States is advancing plans for a second regional offshore wind energy auction in the Central Atlantic.On Wednesday, the Interior Department's Bureau of Ocean Energy Management (BOEM) announced it will issue a Call for Information and Nominations for the Central Atlantic 2 sale…
The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual jump on record.The Exchange Traded Fund tracking local government…
Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.Vietnam has attracted international…
Poland is launching a nearly 5 billion euro ($5.46 billion) programme financed from the European Union's recovery funds to provide loans to builders of offshore wind farms on the Baltic Sea, the state assets ministry and bank BGK said on Tuesday…
Petronas is encouraging Malaysia’s oil and gas services and equipment suppliers to embrace sustainability principles by providing training and tools to help them adopt new practices.Petronas will help with ESG knowledge and capacity building…
Chevron’s Gorgon gas development backfill fields offshore project proposal, which includes the tie-up of seven backfill fields to the existing subsea infrastructure offshore Australia, has been made available for public comment.Chevron proposes…
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