Latin America's oil frontiers are back in the spotlight with auctions coming up in Brazil, Guyana, and the Andean region that are expected to attract bids from major oil firms despite a global call to end fossil fuel development.Brazil is set…
Aberdeen-based offshore moorings specialist First Marine Solutions (FMS) has said it has secured a 'seven-figure' contract with offshore well-decommissioning firm Well-Safe Solutions.Under the deal, FMS will provide marine consultancy services…
UK-based renewable energy giant SSE said Monday that its Seagreen 1A offshore wind farm proposal had achieved a significant milestone after Scottish Government Ministers consented to its Marine Licence application.The Marine Licence covers the offshore elements of the project…
Just a few days after South Korea's shipbuilder Samsung Heavy Industries said it had found a potential buyer for a drillship originally ordered in 2014, without revealing the buyer's name, drilling firm Stena Drilling confirmed the deal on Tuesday…
SSE Renewables, with partner Equinor, has reached financial close on Dogger Bank C, the third phase of what will be the world’s largest offshore wind farm, located in the UK North Sea.The two firms are already building the first two phases of Dogger Bank Wind Farm…
Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49…
The UK Government on Friday awarded planning consent for Vattenfall’s 1.8 GW Norfolk Boreas offshore wind farm. The project is part of Vattenfall’s proposed Norfolk Zone and will produce electricity equivalent to the annual consumption of around 2 million UK homes…
Offshore Renewable Energy (ORE) Catapult, the UK’s leading research and innovation center for offshore wind, wave, and tidal energy, has appointed Ronnie Bonnar as its new Chair, taking over from Colin Hood with effect from December 8, 2021…
French power cable maker Nexans has won a contract for the supply of the onshore and offshore export cables for the 860MW Moray West offshore wind farm in the outer Moray Firth, Scotland.Subject to the award of a Contract for Difference in 2022 and Financial Close…
Offshore accommodation rig owner Prosafe said Thursday it had secured a contract extension in Trinidad and Tobago for its Safe Concordia flotel.The charter takes the firm operational period for the rig through to end-January 2022. The total value of the contract extension…
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…
The UK Oil and Gas Authority on Monday said three winners would share a £1 million (~$1,32 million) prize for ideas that could help cut greenhouse gas emissions by moving forward the drive to electrify platforms in the North Sea.The decarbonization…
BP said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain's move away from fossil fuels.The project, dubbed HyGreen Teesside, aims to produce…
Believe it or not, the UK’s oil and gas industry is the nation’s best bet for building a green and low-carbon future – and that includes opening new oil fields like Cambo, writes Katy Heidenreich, operations director at Oil & Gas UK (OGUK) which represents the UK offshore industry…
UK-based offshore vessel owner North Star Group has won another service operations vessel (SOV) contract at the Dogger Bank wind farm, this time for the third phase.North Star Group said Thursday it had secured a long-term charter worth about £90 million ($118…
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