Maritime classification society The American Bureau of Shipping (ABS) on Monday launched detailed requirements for greener offshore operations in what it said was the first sustainability guide to target the offshore industry. "Developed by working with major offshore industry clients, ABS today launches a revised sustainability guide expanded with offshore asset compliance requirements.The updated ABS Guide for... Continue Reading →
Geophysical surveys starting at Irish 1 GW floating offshore wind project
A geophysical site survey campaign is set to begin in September at the proposed Inis Ealga Marine Energy Park floating offshore wind project in Ireland. DP Energy Ireland plans to kick off the geophysical surveys on 2 September at the site located off counties Cork and Waterford. The works will be carried out by ILV... Continue Reading →
WoodMac: For net-zero by 2050, carbon capture, utilisation and storage needs ‘seven-fold’ boost
As global carbon capture, utilisation and storage (CCUS) capacity is nearing 1 billion tonnes per annum, the new U.S. energy bill – the Inflation Reduction Act (IRA) – is expected to boost the uptake further, however, Wood Mackenzie, an energy intelligence group, believes that more is needed to meet net-zero goals by 2050. Wood Mackenzie pointed out... Continue Reading →
Peru’s $4.5 bln lawsuit against Repsol over oil spill to go to court
(Reuters) - A Peruvian judge on Tuesday admitted a $4.5 billion lawsuit against Spanish oil firm Repsol SA (REP.MC), eight months after an underwater oil pipeline owned by the company caused a spill of over 10,000 barrels into the Pacific Ocean. The civil lawsuit seeking $3 billion for environmental damage and $1.5 billion for damages to... Continue Reading →
New FPSO vessel heading to Brazil equipped with Sulzer pumps
An increase in demand for oil and gas has hailed the resumption of projects to deliver more FPSO vessels. Recent announcements have included the first round of tenders for equipment destined for the Parque das Baleias (Whale Park) FPSO, a process that has seen the water injection pumps being awarded to Sulzer. Due to be located 77 km... Continue Reading →
Exclusive: Pemex fined for failures at top oil field leading to flaring, faces another fine
(Reuters) - Mexico's hydrocarbon regulator has fined state oil company Petroleos Mexicanos (Pemex) for development violations at one of its most important fields that has led to excessive flaring of natural gas, and is preparing another fine for a similar field, according to three sources briefed on the matter. Pressure is mounting on Pemex to... Continue Reading →
TotalEnergies and SSE Renewables Bring Online Scotland’s Largest Offshore Wind Farm
(Reuters) TotalEnergies and partner SSE Renewables on Tuesday announced the first power generation from their Seagreen wind farm off the coast of Angus in Scotland. The $4.3 billion Seagreen project will be Scotland's largest offshore wind farm and the world's deepest fixed-bottom wind farm, said French company TotalEnergies, which is trying to move more into... Continue Reading →
New rig developed by Huisman can be powered by floating wind
Dutch company Huisman, a provider of design and manufacture of heavy construction equipment, has developed a harsh environment semi-submersible drilling rig design, which can be powered with onshore-produced hydroelectricity but also with floating wind turbines. Announcing the new design on Monday, Huisman explained that it was developed with an aim of making the extraction of... Continue Reading →
Broker Marsh launches world first insurance for hydrogen projects
(Reuters) - Broker Marsh, a unit of Marsh & McLennan (MMC.N), said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the world targets net-zero emissions by mid-century in an effort to cap global warming,... Continue Reading →
TwinHub floating wind offshore site investigation kicks off
The offshore site investigation works have commenced for Hexicon’s 32 MW TwinHub floating wind project in the Celtic Sea. The first phase of the survey works has been awarded to Aratellus Offshore, which has subcontracted Sulmara Subsea to perform the geophysical survey. The goal of the survey is to make it possible to plan subsea... Continue Reading →