Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031.The bill…
Danish offshore wind installation company Cadeler reports it has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia…
Indonesia will ask Mubadala Energy to accelerate gas development in Indonesia's South Andaman Block after the United Arab Emirates explorer made a second discovery there, Dwi Soetjipto, chairman of upstream regulator SKK Migas, said on Tuesday…
Offshore Renewable Energy (ORE) Catapult, U.K.’s flagship center for renewable energy innovation, has secured $108 million investment to expand and upgrade its testing facilities to support the development of the next generation wind turbines…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) is approaching 15MWh of renewable energy production from its family of PowerBuoys, which primarily exploit wave energy to generate power.The recent launch of…
Indonesia launched its first oil and gas auction this year offering five blocks on Tuesday, while the government pledged to boost exploration in an effort to reverse output declines in a country that was once a net oil exporter.'To meet oil and gas demand…
Brunvoll has signed a contract with Vard for the delivery of a comprehensive propulsion and maneuvering system for Cyan Renewables' new Service Operation Vessel (SOV).The vessel will have the first azimuth propulsion thrusters from Brunvoll with an 8-degree tilted propeller and nozzle…
Energy firms Equinor and Petoro have entered into a value-neutral asset swap agreement for the Haltenbanken area, including the Heidrun and Tyrihans producing fields, offshore Norway.Equinor will increase its ownership in the Heidrun field and…
Salamander, a joint venture partnership between Ørsted, Simply Blue Group and Subsea7, has submitted an offshore consent application for its proposed 100 MW floating offshore wind farm.Subject to approval by Scottish Ministers, the offshore…
Saudi oil and gas drilling contractor ADES Holding has signed a contract with Thai national oil and gas company PTTEP for one of its modern jack-up drilling rigs, worth $94 million.The contract, signed on May 14, 2024, is for an 18-month firm term plus a nine-month optional extension…
French marine seismic firm CGG, in collaboration with Côte d’Ivoire's Direction Générale des Hydrocarbures (DGH) and Petroci, has set out plans for two new multi-client 3D reimaging programs off Africa.The programs include CDI24 Phase I (3,120 km²) and Phase II (6…
UK-based oil firm Serica Energy has appointed Chris Cox as its new chief executive officer (CEO).The new appointment will take effect on July 1, 2024, with David Latin, chairman of Serica, ceasing his temporary role as Interim CEO at the same time…
Oilfield services company TechnipFMC has secured a ‘significant’ integrated engineering, procurement, construction, and installation (iEPCI) contract from Woodside Energy to support ongoing production at Pluto LNG project in Australia.TechnipFMC will design…
McDermott has executed its heaviest stacking lift at the Jebel Ali fabrication yard in Dubai as part of the BorWin6 980MW high-voltage, direct current (HVDC) project for TenneT.The stacking of deck level one had a total weight of 1,962 metric…
Cyan Renewables, a portfolio company of Seraya Partners, has entered into a strategic collaboration with Hyundai Asset Management to establish a robust vessel supply with strong local content for South Korea's offshore wind market.Cyan Renewables…
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