FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…
Germany's power network agency said on Thursday it had awarded licenses to build 958 megawatts (MW) of offshore wind capacity at zero subsidy for commissioning in 2026 in the country's North Sea and Baltic Sea territories.The winners of the…
Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, completing Moscow's project to increase its gas export capability and bypass Ukraine, but flows have yet to be cleared by regulators.The much…
Renewable energy firms RWE and NTE, and offshore services company Havfram, have signed a deal to jointly participate Norwegian government’s tender for floating offshore wind energy, which will begin later this year. By 2030, Norway, one of Europe's largest oil and gas producers…
Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia…
Two weeks of losses in U.S. offshore energy production spiraled on Thursday, with prolonged outages from Hurricane Ida leading to oil contract cancellations around the globe. Three-quarters of U.S. Gulf of Mexico oil production remained offline…
Santos sealed an agreement to buy Oil Search to create a global top 20 oil and gas company, the companies said on Friday, even as the Papua New Guinea government raised concerns that a takeover could harm national interests.The deal will make…
Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling firm RMS said on Thursday.Ida, one of the most powerful hurricanes ever to strike the area…
U.S. oil offshore losses remained at 76% on Thursday after Hurricane Ida hit the Gulf of Mexico, according to government data, which prolonged outages and caused the first oil cargo shipment cancellations to buyers in Asia.Production should…
Danish offshore crew transfer specialist MHO has earlier this week taken delivery of two hybrid crew transfer vessels, after what was described as an ultimate sea trial.Namely, the vessels arrived in Esbjerg, Denmark after a 12,000 nautical mile journey from China…
Denmark-based offshore wind giant Ørsted has partnered up with Vietnam's T&T to work on offshore wind projects in Vietnam'The collaboration between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshore wind projects located…
Royal Dutch Shell Plc is beginning the redeployment of personnel to its Appomattox platform in the Gulf of Mexico while damage assessments are continuing at its West Delta-143 (WD-143) offshore facility after Hurricane Ida.As of Wednesday, more than three-quarters of the U…
U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon…
Macquarie’s Green Investment Group (GIG) said Thursday it had acquired Fuinneamh Sceirde Teoranta, the developer of the Sceirde Rocks offshore wind farm, in Galway, Ireland. Sceirde Rocks is a proposed 400 MW offshore wind farm, which will be…
Engineering firm AGR said Thursday it was taking part in a three-year research initiative committed to developing new technologies and processes that aim to significantly reduce the cost of carbon capture related to transport and permanent storage…
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