Pv Drilling News

 

New Grid-Scale Offshore Wind-Solar Project Planned for Italy

Mar 01, 2024

SolarDuck, Green Arrow Capital and New Developments have agreed to collaborate on the development of a floating photovoltaic (PV) farm integrated with a floating offshore wind farm.The Corigliano offshore hybrid wind-solar farm will be located…

Southeast Asia’s 1MW Tidal Energy Plant to Feature HydroWing Tech

Jan 31, 2024

Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has awarded an engineering, procurement, and construction (EPC) contract to Inyanga Marine Energy Group to build tidal energy plant in Southeast Asia, which will feature HydroWing technology…

Jadestone Outlines Gas Sale Terms with PV Gas for Fields Offshore Vietnam

Jan 26, 2024

Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation (PV Gas) for the gas sales and purchase agreement (GSPA) relating to the Nam Du and U Minh gas fields offshore Vietnam…

Eni Joins Partnership to Develop Offshore Wind Projects in Spain

Jan 22, 2024

Eni-controlled company Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain.The agreement with Plenitude bolsters…

Talos to Acquire US Gulf of Mexico E&P Company for $1.3B

Jan 16, 2024

Talos Energy has executed definitive agreements to acquire QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields, for $1.29 billion.The acquisition will boost Talos’…

Dolphin Drilling Wins Letter of Award for Offshore Drilling Project in India

Oct 19, 2023

Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…

Clean Energy Investing Loses Lustre Despite Climate Crisis: Maguire

Sep 20, 2023

Despite the heat waves, wildfires and floods that have amplified calls to accelerate the global energy transition away from fossil fuels, investors withdrew record funds from the world's largest clean energy investment vehicles so far this year…

Renewables Competitiveness Accelerates Despite Cost Inflation

Aug 29, 2023

The fossil fuel price crisis has accelerated the competitiveness of renewable power, according to the International Renewable Energy Agency (IRENA). Around 86% (187GW) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity…

Jadestone Energy Chooses Velesto Drilling Rig for East Belumunt Offshore Drilling Campaign

Aug 16, 2023

Malaysian drilling contractor Velesto Drilling revealed Wednesday it had secured an offshore drilling rig contract with Jadestone Energy. Under the contract, Velesto Drilling is providing a jack-up drilling rig for the East Belumunt field infill drilling program…

Shelf Drilling Wins $17M Contract for Offshore Drilling Rig in UK North Sea

Aug 02, 2023

Offshore drilling company Shelf Drilling has won a contract for the Shelf Drilling Fortress jack-up drilling rig with a European subsidiary of the Chinese oil company CNOOC in the UK North Sea.Under the contract, the rig, owned by Shelf Drilling's subsidiary Shelf Drilling North Sea…

Fred. Olsen 1848 Introduces Floating Solar Array

Jun 20, 2023

Fred. Olsen 1848 has introduced near and offshore floating technology it has named BOLETTE.The company says it has overcome the main challenge for floating solar, particularly in marine environments: how to handle wave loads in combination with wind…

Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie

May 25, 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…

N. America Wind Power Sector Needs Cost Cuts & Supply Chain Revamp

Apr 21, 2023

Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows.With hydropower expected to generate an additional 11…

CIMC Raffles Delivers China's First Semi-submersible Floating Solar Power Platform

Apr 11, 2023

China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform.According to CIMC, the…

Belgian Firms Unveil Harsh-environment Offshore Floating Solar Tech

Mar 08, 2023

The Belgian companies DEME, Tractebel, and Jan De Nul on Wednesday introduced a new harsh-environment offshore floating solar technology called SEAVOLT.According to the three firms, SEAVOLT technology (patent pending) can withstand harsh offshore…

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