Flotation Energy and Vaargroenn, a joint venture between Eni unit Plenitude and private equity firm HitecVision, said on Tuesday their floating offshore wind project Green Volt won a contract at Britain's latest renewable power auction.The 2…
Britain's Harbour Energy raised its 2024 production forecast on Tuesday, after completing the purchase of oil and gas firm Wintershall Dea's assets.Harbour in December had agreed to acquire the non-Russian oil and gas assets of the German company in an $11…
McDermott has completed the decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia.Under a contract awarded to McDermott in January 2024 by Santos, the company provided engineering…
Eni and Snam, as part of the equal joint venture, have started of CO2 injection activities in the reservoir for Phase 1 of Ravenna Carbon Capture and Storage (CCS) project.Designed to support industrial decarbonization, Ravenna CCS is the first project for the capture…
Equinor and Polenergia, the developers of the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland, have hired Smulders for the delivery of substations for both Baltic Sea developments, which will also work in consortium with Sif for the manufacturing of 100 transition pieces…
Marine seismic acquisition firm Shearwater Geoservices has secured a 4D seismic monitoring contract for the Jubilee field in Ghana, operated by Tullow Ghana.The two-month survey will be conducted early 2025.This will be the first contract conducted by Shearwater Ghana…
Six tidal stream projects, with 28 MW in total capacity, have secured contracts in the UK’s Contracts for Difference (CfD) sixth allocation round.The strike price for six projects across five sites has been set at £172/MWh. It represents a 34%…
In the sixth UK’s Contracts for Difference (CfD) allocation round, offshore wind developers have secured support for around 5.3 GW in new capacity for both floating and bottom-fixed offshore wind.As part of the allocation round 6, nine bottom-fixed offshore wind projects…
The production of oil from the Tryving filed in the Alvheim area offshore Norway, operated by Aker BP, with Petoro and PGNiG Upstream Norway as partners, has begun.The Tyrving development leverages the planned extended lifetime for the Alvheim…
BP has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities, as well the undeveloped resources from the Parang field in Trinidad and Tobago…
Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.'A total of 40 LNG cargoes of approximately 4 billion cubic meters will be delivered…
Vattenfall has decided to pause the development of the offshore wind power project Swedish Kriegers Flak until further notice, due to unviable investment prerequisites in Sweden. Swedish Kriegers Flak, located about 30 km south of Trelleborg…
Danish subsea cable and services firm NKT, in close collaboration with SSEN Transmission, has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link.The 320 kV HVDC interconnector…
Energy company Vattenfall and steel producer Salzgitter have signed a power purchase agreement (PPA) for the supply of clean power from the Nordlicht 1 offshore wind farm for steel production from 2028.The PPA provides for a share of 75 MW of…
RWE has installed an offshore converter platform at 1.4 GW Sofia offshore wind farm, its largest offshore wind development under construction in UK waters.The offshore converter platform (OCP), which converts high voltage alternating current (AC) to high voltage direct current (DC)…
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