The United States plans to hold up to seven offshore wind auctions in the next four years and will extend its ambitions to areas that have yet to be developed such as off the coast of California and in the Gulf of Mexico, a Biden administration official said on Wednesday…
French energy industry major TotalEnergies and floating wind developer Simply Blue Group, a pioneer in floating offshore wind, have launched a joint venture, TotalEnergies SBE US, 'to unlock the vast potential for floating offshore wind projects in the United States…
Wood, a UK-based provider of consultancy and engineering services to the international offshore energy industry, has secured two Front End Engineering and Design (FEED) contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin…
President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the region's bloc called an emergency summit to tackle skyrocketing prices.Energy demand has surged as economies have rebounded from the pandemic…
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Wednesday.A minority coalition of the leftwing Labour Party and the…
Spanish floating wind technology company X1 Wind has completed the rotor assembly for its 'downwind' floating wind system.'Fitted with a specially adapted V29 Vestas turbine, the unique ‘downwind’ system is able to ‘weathervane’ and orientate passively with the wind to maximize energy yields…
The Kremlin said on Wednesday that Russian gas giant Gazprom was supplying gas to Europe at maximum levels under existing contracts and any increase would need to be negotiated with the company.'Nothing can be delivered beyond the contracts…
Offshore drilling firm Aquadrill - ex-Seadrill Partners - has secured a contract for its Capella drillship in Indonesia.The MPD outfitted 6th generation drillship, managed by Vantage Holdings International, will drill two wells, with an option for two more…
GE Renewable Energy's LM Wind Power, a designer and manufacturer of rotor blades for wind turbines, has launched its second 107-meter wind turbine blade mold at its Cherbourg factory in France, to address the industry’s demand for offshore wind turbine blades…
Equinor's Johan Castberg Arctic oilfield will cost some 10% more to develop than expected a year ago, and will start production later than expected, primarily due to the pandemic, the Norwegian government's budget showed on Tuesday.The project…
Norwegian oil company OKEA, the operator of the Vette license offshore Norway said Tuesday it had decided to propose to the license partners not to develop the Vette discovery further, 'due to the project’s insufficient financial robustness…
Oilfield services company TechnipFMC has secured a long-term charter and services contract with Petrobras in Brazil for the pipelay support vessel Coral do Atlântico.TechniFMC said the contract was a “substantial” one, meaning it has a value between $250 million and $500 million…
CIMC Offshore Engineering Institute (CIMC OEI) has signed a memorandum of understanding with wave energy technology company Eco Wave Power.CIMC OEI is an engineering company that designs and builds offshore marine structures such as offshore drilling rigs…
The UK Oil and Gas Authority (OGA) has awarded a carbon dioxide (CO2) appraisal and storage licence (CS licence) to oil and gas company Harbour Energy, recently created via a merger between Premier Oil and Chrysaor.The license will cover an…
The UK-focused oil company Tailwind has completed the drilling of the Evelyn field development well, at the Triton Cluster on the UK North Sea.In February this year, Tailwind sanctioned the Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA…
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