Norwegian shipbuilder Vard has signed a contract with Wind Energy Construction for the design and construction of a new energy construction vessel (ECV), securing also an option for one additional vessel.Wind Energy Construction is a Norwegian…
Offshore winds have the potential to supply coastlines with massive, consistent flows of clean electricity. One study estimates wind farms just offshore could meet 11 times the projected global electricity demand in 2040.In the U.S., the East Coast is an ideal location to capture this power…
UK-based tech-powered offshore wind solutions provider Rovco has been selected by Iberdrola to clear unexploded ordnance (UXO) in support of the development of the 315 MW offshore wind farm in the German Baltic Sea.Rovco carried out an investigation over several weeks…
Brazilian prosecutors, who have recommended that environmental agency Ibama block drilling by state-run oil company Petrobras near the mouth of the Amazon river, have demanded that Ibama respond within three days, a document seen by Reuters shows…
Brazilian state-run oil company Petrobras said on Monday its crude oil production during the second quarter rose 2.6% from the year-ago period after it ramped up five oil platforms and started production in 12 wells.Petrobras pumped 2.16 million barrels per day (bpd) from April to June…
Atlantic Shores Offshore Wind and Attentive Energy have submitted proposals for New Jersey’s fourth offshore wind solicitation.New Jersey’s application window for the fourth solicitation was opened since April 30 until July 10, 2024, with the…
South Korea's Korea Midland Power (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.KOMIPO said in a statement to Reuters…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea with Odfjell Drilling’s Deepsea Atlantic rig.The permit has been issued for wellbore 6610/7-3 in production license 1014, with the entry date set for October 2024…
Australian oil and gas company Woodside Energy has entered into definitive agreement to buy U.S. liquefied natural gas (LNG) developer Tellurian, including its owned and operated US Gulf Coast Driftwood LNG development opportunity, for a total of $1…
Esgian provides an update on new drilling plans in Guyana and Norway in its Week 29 Rig Analytics Market Roundup.Report SummaryContractsADES has secured a 10-year contract extension for 250-ft jackup Admarine 657 offshore Saudi Arabia, commencing…
The US Department of the Interior has approved the Atlantic Shores South offshore wind energy project – the nation’s ninth commercial-scale, offshore wind energy project approved under President Biden’s leadership.The Atlantic Shores South wind…
U.S. offshore wind aspirations, both federal and state, have resulted in excitement about the potential opportunity of a large U.S. offshore wind market. But uncertainty, initially financially driven and increasingly a result of political uncertainty…
Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…
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…
The government of Australia has granted 12 feasibility licenses for the Gippsland Offshore Wind Zone, with the potential installed generation capacity of 25 GW.The news follows Australia’s governments move to approve six projects for feasibility…
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