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Norway and South Korea Strengthen Offshore Wind Ties

Nov 27, 2024

Korean Wind Energy Industry Association (KWEIA) and Norwegian Offshore Wind have signed a memorandum of understanding (MoU) to increase collaboration for the development of offshore wind.The MoU aims to get business going between offshore wind companies…

SBM Offshore Secures $1.5B Financing for FPSO Jaguar

Nov 22, 2024

SBM Offshore has completed the $1.5 billion project financing of the Jaguar floating production, storage, and offloading (FPSO) unit, which will be deployed at ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana.The…

ONE Guyana FPSO to Depart for Yellowtail Field Early in 2025

Nov 21, 2024

Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday.The firm, which alongside…

HSM Offshore Rolls Out High Voltage Substation for Thor Offshore Wind Farm

Nov 20, 2024

HSM Offshore Energy has rolled out the Thor Offshore High Voltage Substation (OHVS) and lifted the GIS modules for RWE at its Schiedam yard in the Netherlands.Upon completion, Thor will be Denmark’s largest offshore wind farm, with a planned capacity of 1058 MW…

Octopus Energy Joins Forces with Skyborn to Enter French Offshore Wind Market

Nov 19, 2024

The French government has selected a new joint venture between Octopus Energy and Skyborn Renewables to bid in next year’s offshore wind tender.The French government’s decision follows a rigorous pre-qualification process to choose the best companies to enter its ninth offshore wind tender round…

CIP’s South Korean Offshore Wind Project Delivers First Power

Nov 18, 2024

The first commercial-scale offshore wind project in South Korea, Jeonnam Offshore Wind 1, has delivered first power ahead of planned commercial-scale operation start in 2025.Jeonnam Offshore Wind 1, a 96 MW offshore wind project off the coast of Shin-an…

TotalEnergies Steps Up Methane Emissions Monitoring Efforts

Nov 14, 2024

TotalEnergies has announced plans to deploy real-time methane emissions detection equipment on all its operated upstream assets by the end of 2025.Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions in 2030…

Woodside’s Trion FPU Enters Construction Phase

Nov 14, 2024

Woodside Energy has passed a major milestone for its operated Trion development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).The first cutting of steel for the Trion FPU was marked…

Saipem Secures $1.9B Subsea Work at TotalEnergies’ Suriname Field

Nov 14, 2024

Saipem has secured an engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for the subsea development of the GranMorgu field, offshore Suriname.Saipem’s scope of work under the contract worth $1.9 billion entails the engineering…

SBM Offshore and Technip Energies to Build TotalEnergies’ GranMorgu FPSO

Nov 14, 2024

TotalEnergies has awarded a contract to SBM Offshore and Technip Energies to build and install a floating production, storage and offloading vessel (FPSO) for its GranMorgu field, offshore Suriname.The contract award follows completion of front-end engineering and design studies…

First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar

Nov 13, 2024

SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana…

Ørsted Hires MMA Offshore for Wind Site Survey in Australia

Nov 11, 2024

Australian offshore support vessel owner MMA Offshore has secured an offshore wind site survey contract from Ørsted in Australia.The scope of the contract entails one of the first reconnaissance site surveys taking place in the Gippsland Offshore Wind Zone since the award of feasibility licenses…

Türkiye Offshore Wind Roadmap Outlines Up to 7GW Potential by 2040

Nov 08, 2024

World Bank Group, in collaboration with the Republic of Türkiye’s Ministry of Energy and Natural Resources, has launched a new roadmap today which outlines the opportunities and challenges to deliver viable offshore wind projects in Türkiye…

ExxonMobil Takes Ownership of FPSO Prosperity

Nov 08, 2024

ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block.ExxonMobil, through its affiliate ExxonMobil Guyana…

Australia Grants Major Project Status for Gippsland Dawn Offshore Wind

Nov 06, 2024

BlueFloat Energy’s Gippsland Dawn offshore wind project has been granted Major Project Status (MPS) by the Australian Government, one of 16 diverse projects nationwide to receive this recognition and only the second offshore wind projects being developed to hold this status…

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