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The first turbines at Parkwind's Arcadis Ost 1 offshore wind farm in Germany have started electricity production. According to Parkwind, Arcadis Ost 1 has been delivering power to the German grid since January 12, 2023. The 257 MW offshore wind farm is located in the German section of the Baltic Sea, northeast of the island... Continue Reading →
(OE) Plenitude, a division of Eni, and Simply Blue Group, an Irish developer of offshore renewable energy, have signed a deal to work together on a pipeline of new floating offshore wind projects in Italy. "Through this collaboration, the parties wish to combine Plenitude’s technical and financial capabilities and experience in the Italian energy market,... Continue Reading →
(OET) Dutch offshore services provider Boskalis has won a contract with an undisclosed client to construct a large wind farm offshore the USA. Under the contract, Boskalis will transport and install the wind turbine foundations and power cables for which two crane vessels, and several transport and cable-laying vessels will be deployed, the company said. The Dutch... Continue Reading →
(Reuters) - Guyana's oil exports jumped 164% last year, boosted by growing output and demand for the newest Latin American oil producer's light sweet crudes, particularly in Europe, where thirsty refiners ramped up imports to replace Russian supplies. Since a consortium led by Exxon Mobil (XOM.N) began pumping in late 2019, Guyana's shipments have soared, bringing the... Continue Reading →
Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea. In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship. With this extension, the GustoMSC P10000-design drillship is expected to remain busy until December 2023.... Continue Reading →
(OE) The Norwegian energy firm Equinor has awarded Siem Offshore a seven-month contract extension for the offshore subsea construction vessel Siem Barracuda. The extension will keep the 120.8m vessel working on Equinor's Hywind Tampen project offshore Norway, where Equinor is building a floating wind farm to power its oil and gas platforms. "The vessel has... Continue Reading →
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more exploration. South America is set to continue to be a... Continue Reading →
Dutch offshore wind farm developer Eneco has signed a 5-year crew transfer vessel charter and partnership agreement with offshore vessel owner Windcat. The deal entails the transport of technicians offshore and will also allow the companies to collaborate on the decarbonization of Eneco’s marine logistics using Windcat’s hydrogen dual-fuel solutions. The first vessel for this... Continue Reading →
(OE) Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year. The majors will drive much of the activity in their core regions, along with Petrobras, the world’s leading deepwater operator. And while there are far fewer independents active in the offshore today compared to 10 years ago, Welligence still anticipates... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) and Spain's Dragados Offshore have been awarded a contract worth more than 4 billion euros ($4.29 billion) to build two converter systems for offshore wind energy grid connections in Germany, the German company said in a statement on Tuesday. Siemens Energy said the contract, which was awarded to the consortium of both... Continue Reading →
Brazil Energy Insight 