PGS wins first offshore wind contract

Norwegian marine geophysical company PGS has been awarded its first ultra-high resolution wind farm site characterization project, marking its entry into what the company described as ”a strategically important new energy market.” The survey will cover two European wind farm sites, both of which are in the development phase. PGS will mobilize a 3D vessel for... Continue Reading →

ExxonMobil’s new oil discovery off Guyana could underpin future development

U.S.-headquartered energy giant ExxonMobil has made a significant new oil discovery at the Stabroek block, which boosts the block’s hydrocarbon resources, fortifying the oil major’s existing portfolio of extensive development opportunities offshore Guyana. The new oil discovery, made at the Fangtooth SE-1 well on the Stabroek block, was disclosed on Wednesday, 25 January 2023, by ExxonMobil’s partner... Continue Reading →

SeaTwirl Gets Nod to Test Vertical-axis floating Wind Turbine in Norway after Appeal Rejected

(OE) The Norwegian Ministry of Petroleum and Energy has given METCentre the concession to test SeaTwirl´s vertical-axis floating wind turbine. The concession comes after the Norwegian authority Norges Vassdrags- og Energidirektorat (NVE) rejected an appeal to overturn SeaTwirl’s S2x concession in Norway.  The decision can therefore no longer be appealed, and SeaTwirl can now move... Continue Reading →

Floating Wind: Falck Renewables, BlueFloat Partner Up with Italian Steel Maker

The Italian steel company Acciaierie d’Italia has signed a letter of intent with the Falck Renewables and BlueFloat Energy´s partnership on strategic collaboration for the development of renewable energy projects. The parties have established a technical working group which will focus on four areas. The Taranto-based company could provide steel and other materials for the... Continue Reading →

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