Offshore Regions News - page 402

 

LionLink: UK, Netherlands Plan Cross-border Power Link to Boost Energy Security

Apr 24, 2023

The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security. The 'LionLink' interconnector will be able to transfer 1…

FACTBOX - Global Offshore Wind Tenders Including Floating Wind Technology

Apr 24, 2023

Floating wind is viewed as the final frontier for offshore wind as turbines can be installed in deeper waters than fixed-bottom foundations, harnessing stronger and more continuous wind to generate more power.There are two main types of tender for traditional and floating wind projects…

Russian ‘Spy Ship’ in the North Sea Raises Concerns About Maritime Infrastructure Security

Apr 21, 2023

A new documentary produced by a consortium of public broadcasters in Sweden, Denmark, Finland and Norway has revealed what appears to be a profound threat to maritime and undersea energy and data infrastructure in the North Sea and the Baltic region…

KHNP, Samsung Heavy, Seaborg to Develop Floating Nuclear Power Plants

Apr 21, 2023

South Korea's Korea Hydro & Nuclear Power, Samsung Heavy Industries, and Denmark's Seaborg Technologies have created a consortium to develop floating nuclear power plants with Seaborg Technologies' innovative molten salt reactor technology.The…

Sintana Energy Confident Its Offshore Block On Trend with TotalEnergies' Massive Oil Discovery in Namibia

Apr 21, 2023

Oil and gas company Sintana Energy said Friday that over 50% of 3D seismic survey data has been gathered from Petroleum Exploration License 87 (“PEL 87”) and the surrounding area in the Orange Basin offshore Namibia. To remind, Australian oil…

Oilfield Services giant SLB Beats First-quarter Profit Estimates

Apr 21, 2023

SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies fueled demand for its oilfield services. Global crude prices averaged $81.24 a barrel in the January-March quarter, down nearly 20%…

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…

Woodside's Stalled Browse LNG Project Still 'Very attractive' - CEO

Apr 21, 2023

Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse liquefied natural gas (LNG) project on Friday after the company reported a decline in first-quarter sales revenue relative to the December quarter…

Woodside's Sangomar Offshore Oil Project in Senegal 82% Complete

Apr 21, 2023

On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production…

EU, Norway Plan Cooperation on Carbon Capture, Hydrogen, Draft Shows

Apr 21, 2023

The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft 'alliance' plan. The plan is set to be announced at a…

Jan De Nul to Install Second Cable for Hollandse Kust (west Alpha)

Apr 20, 2023

Offshore installation contractor Jan De Nul will this week complete the installation for the offshore wind farm Hollandse Kust (west Alpha) to TenneT's substation 50 km off the coast of Egmond aan Zee, offshore the Netherlands.This will be the second cable connection for this wind farm…

Poland's PGE Signs Offshore Wind Turbine Deal for Baltica 2

Apr 20, 2023

Poland's biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Gamesa Renewable Energy for delivery and installation of 107 offshore wind turbines as part of the Baltica 2 project. The turbines have a total capacity of 1…

Keppel's Profit Boosted by Sale of Offshore & Marine Business

Apr 20, 2023

Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit.In February, Sembcorp Marine completed a S$4…

Accelerating the Transition to a Better Energy Future: SPE Offshore Europe 2023 Registration Open

Apr 20, 2023

Registration for the 50th-anniversary edition of SPE Offshore Europe 2023 exhibition and conference is now open, the organizers said Thursday.The free-to-attend event will be held at P&J Live, Aberdeen, from 5-8 September 2023, and themed ‘Accelerating the transition to a better energy future’…

Transocean's Big Move: Adapting Offshore Drilling Vessels to Install Wind Foundations

Apr 19, 2023

Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels…

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