Lighting solutions specialist Glamox has won a contract from the Chinese shipbuilder Yantai CIMC Raffles Offshore Limited to light Havfram Wind’s two new Wind Turbine Installation Vessels (WTIV). These new vessels will be capable of installing…
The floating offshore wind project DemoSATH has started generating electricity, off the coast of Spain.DemoSATH, led by the Spanish engineering firm Saitec Offshore Technologies, in collaboration with the German energy company RWE Offshore Wind and the Japanese company KEPCO…
Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply…
Norwegian offshore support vessel firm DOF said Monday it had won three new service contracts with the Brazilian oil firm Petrobras.'The contracts were originated by a competitive bid process won by DOF and include work within our core service lines for Survey and Inspection…
Brazil will likely end up exploring the Equatorial Margin for oil but state-run Petrobras should adopt a 'cautious' approach given the need for precautions to protect the environment, Finance Minister Fernando Haddad said on Sunday.The Equatorial Margin is some 2…
Norway's $1.4 trillion sovereign wealth fund, the world's largest, revealed stricter demands on Friday for how companies it invests in should handle climate risk, telling boards to move from target setting to transition planning.The fund, which…
Spain-based renewable energy giant Iberdrola said Friday that its Brazilian subsidiary Neoenergia had signed a memorandum of understanding (MoU) with the Government of Rio Grande do Norte to develop studies for offshore wind development in the state's coastal region…
After several short-term charter extensions, the Norwegian FPSO leasing firm BW Offshore has closed the transaction for the sale of the Abo FPSO.BW Offshore will sell the FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million…
Norwegian oil and gas company Equinor has submitted a plan for development and operation (PDO) of the Eirin offshore gas field to the country's Ministry of Petroleum and Energy.According to Equinor, recoverable reserves in the field are estimated at 27…
Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), is running tests at the University of Edinburgh’s FloWave facility, to determine the potential for floating platforms that can be used by both offshore wind and wave energy devices…
Norway must continue to deliver natural gas to Europe for as long as needed while also working to decarbonize the continent's energy systems, the Norwegian climate and environment minister said on Friday.'We think it's strategically important that we uphold these deliveries while there is still use…
Shell has given financial approval for the development of the massive Manatee gas field offshore Trinidad and Tobago, the country's Prime Minister Keith Rowley said on Thursday.Trinidad is Latin America's largest LNG exporter, but its flagship…
Norwegian offshore vessel owner Siem Offshore has been awarded a contract extension for the multi-purpose support vessel Siem Dorado.The contract extension secures utilization for a period reaching towards the end of Q2 2024.The contract is…
France's TotalEnergies will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024, and expects to start production the following November, Vice President Catherine Remy said.The $700 million…
Norway's oil and energy ministry is considering three areas for an offshore wind tender planned for 2025, which is part of its wider goal to develop 30 gigawatts (GW) of offshore wind by 2040, it said on Thursday.The ministry has tasked the Norwegian Water Resources and Energy Directorate (NVE)…
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