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N-Sea has commenced geophysical, (limited) UXO and environmental surveys within the area of the White Cross floating offshore wind project in the Celtic Sea The activities, which began on 29 May, will see the company survey the offshore wind farm location and the project’s export cable route corridor. Offshore works will be completed by N-Sea... Continue Reading →
Norway-based DeepOcean has been awarded a contract to provide subsea services to Vineyard Wind 1, the first utility-scale offshore wind project in the US. Under the contract, DeepOcean will provide a range of subsea services including project management, engineering, ROV, tooling, and survey activities. The company will lead the project out of its office in... Continue Reading →
(Reuters) - Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but the ambitious proposal faces financing and regulatory challenges. European nations have announced pledges to build dizzying amounts of offshore wind farms, spurred partly... Continue Reading →
(Reuters) - Norsk Hydro's (NHY.OL) Rein and Macquarie Asset Management's Green Investment Group plan to build and operate a 586 megawatt wind and solar power plant in the northeast of Brazil, the companies said on Wednesday. A final investment decision for the $700 million wind farm portion of the project is expected in the fourth quarter of... Continue Reading →
Australia-based Woodside Energy's all-stock merger with BHP's oil and gas business was completed Wednesday. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, which BHP has distributed to its eligible shareholders. "BHP has paid the in specie dividend and distributed Woodside shares... Continue Reading →
Energy industry expert and assurance firm DNV has partnered up with 25 industry giants in a Joint Industry Project (JIP) aimed at enhancing technology development for floating offshore wind substations, with particular attention to how export cables and topside equipment tolerate movements of a floating substructure. The objective is to align industry best-practice allowing for... Continue Reading →
Colombian energy producer Ecopetrol ECO.CN aims to boost its oil and gas output by just over 40% to around 1 million barrels of oil equivalent per day (boepd) in 2030 and plans to start a pilot carbon capture storage (CCS) project, a senior company executive said. The projects are part of Ecopetrol's plan to ramp... Continue Reading →
Italian energy services company Saipem, Norwegian subsea services firm Havfram, and HVAS Invest Kappa AS (a company controlled by HitecVision) have signed a non-binding agreement to evaluate a potential collaboration in the development and construction of offshore wind farms. "The parties share the common objective to create a wider value proposition by integrating a range... Continue Reading →
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has brought in the third and final Suezmax second-generation dynamic positioning (DP2) shuttle tanker, purpose-built for a long-term charter with Shell in Brazil. AET informed on Friday that it took delivery of Eagle Colombo, its latest second-generation DPST, from Hyundai Heavy Industries (HHI) on... Continue Reading →
(Reuters) The Biden administration on Thursday proposed auctioning five areas off the coast of California for offshore wind development, a critical milestone in expanding the nascent U.S. industry to Pacific waters. It is the latest in a government effort to put wind turbines along every U.S. coastline, with a goal of generating 30 gigawatts of... Continue Reading →
