Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.The new projects…
Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) and Velocitas Geo Solutions have entered into agreement to collaborate on a ocean bottom node (OBN) seismic survey in the Barents Sea.The fully pre-funded OBN survey marks EMGS' first venture into seismic node projects…
A fleet of Jones Act compliant crew transfer vessels is growing in stride with the United States’ burgeoning offshore wind industry.When the United Sates’ first purpose-built crew transfer vessel (CTV), Atlantic Pioneer, was delivered in 2016…
The European Commission has approved a $11.64 billion (€10.82 billion) French scheme to support the deployment of offshore wind energy, which will help foster the transition towards a net-zero economy.The state aid scheme will run for 20 years…
TotalEnergies, the operator of the Tyra II project on behalf of consortium partners, has faced another technical issue during the commissioning of Denmark’s largest offshore gas development.TotalEnergies, the operator of the Danish Underground Consortium in charge of Tyra II redevelopment…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering services firm Unique Group have partnered up to offer unmanned surface vehicle (USV) services in the Middle East.Unique…
Norwegian offshore supply vessel company DOF Group on Tuesday announced it has entered into an agreement to acquire Denmark-headquartered Maersk Supply Service (MSS) for $1.11 billion in a cash and stock deal.The combined company, operating under the DOF Group name and brand…
U.S. President Joe Biden's administration said on Friday it will hold an offshore wind energy lease sale off the coasts of Delaware, Maryland and Virginia in August as part of its broader efforts to expand the industry to fight climate change…
Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm, located in the German Baltic Sea, advancing the 315 MW project to delivery phase.Windanker wind farm will reinforce Iberdrola’s Baltic Hub, which will add more than 1…
American Bureau of Shipping (ABS) and Dutch company FibreMax have signed an agreement to collaborate on stiffness-driven mooring tendons for the floating offshore wind market.The collaboration, which is principally focused on floating offshore wind assets…
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%…
Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment.There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology…
American Offshore Services (A-O-S) announced the launch of its second crew transfer vessel (CTV), Generater, designed to support the United States' growing offshore wind industry.Generater is a 99-foot, Jones-Act-qualified catamaran built to serve wind farms off the U…
Bureau of Ocean Energy Management (BOEM) and the State of Maryland have signed a memorandum of understanding (MoU) to support the coordinated development of offshore wind energy in the U.S. Mid-Atlantic state.Under the MoU, BOEM and the State…
The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland…
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