U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) is approaching 15MWh of renewable energy production from its family of PowerBuoys, which primarily exploit wave energy to generate power.The recent launch of…
The technical issue, which has temporarily impacted the commissioning of the facilities at Denmark’s largest offshore gas development, has been identified with repair works currently ongoing as the timeline for reaching Tyra II full technical capacity gets delayed for the third quarter of 2024…
Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% compared to the same period last year.Petrobras pumped 2.24 million barrels per day (bpd) in the period, the firm said in a statement…
Brazil's state-run oil firm Petrobras must do a series of studies on the impact on Indigenous groups in the Amazon area of planned offshore drilling nearby in order to analyze the project's viability, according to a federal agency and documents from government agencies…
President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year.The schedule will help companies, states and others…
The operational occurrence which has temporarily impacted the commissioning of the Tyra Redevelopment Project (Tyra II) has pushed the planned ramp-up of the facilities to full capacity for one month.An operational occurrence related to the…
UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market…
BW Ideol has unveiled its standardized foundation for floating offshore wind, ready for mass production to accommodate the needs of the growing sector.With over 22 GW already awarded in Scotland, around 8 GW in the USA, and several GW currently…
“Wind Turbines: The Bigger, the Better” -USDOE Office of Energy Efficiency & Renewable Energy, August 24, 2023Last December the Bureau of Ocean Energy Management (BOEM) published a proposed sale notice regarding new development areas for utility scale wind projects in the central Atlantic Ocean…
Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company.A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days…
The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project located off the coast of Virginia Beach in the United States.Issued on April 9 following a 30-day public comment period…
While construction productivity issues continue to present immediate challenges for the U.S. offshore wind industry, the long-term outlook remains strong for the nascent sector, according to a recent report from business intelligence and consulting firm Intelatus Global Partners…
The Tyra Redevelopment Project (Tyra II), operated by TotalEnergies, has faced an operational occurrence which has temporarily impacted the commissioning of the facilities at Denmark’s largest offshore gas development.According to an update from TotalEnergies…
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…
Norwegian oil and gas company Vår Energi has made an oil discovery at Ringhorne Nord in the North Sea, while drilling the exploration well with Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in wells 25/8-23 S and 25/8-23 B…