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 →

January 26, 2023 0

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 →

January 26, 2023 0

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 →

January 25, 2023 0

Petrobras takes DOF vessel for ops in Brazil

Thanks to the award of a long-term charter contract, Norway’s DOF Group has secured work in Brazil for one of its anchor handling tug supply (AHTS) vessels. DOF disclosed on Wednesday, 25 January 2022, that Petrobras has awarded a four-year firm charter contract to its Brazilian affiliate, Norskan Offshore, for the AHTS Skandi Ipanema to operate as AHTS-TS... Continue Reading →

January 25, 2023 0

Petrobras Turns to Vallourec for OCTG Solutions

Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services, representing a volume of supply above 110kt of products and accessories. These products, associated accessories, and physical and digital services will support... Continue Reading →

January 25, 2023 0

Half of US Offshore Wind Pipeline at Risk of Delays Beyond 2030 – Report

(OWB) Half of the US offshore wind energy projects in the pipeline are at risk of being delayed beyond 2030 because of limited port and vessel infrastructure and domestic manufacturing, according to a new report co-authored by the National Renewable Energy Laboratory (NREL) and the Business Network for Offshore Wind. The US has set the... Continue Reading →

January 25, 2023 0

PGS, Marine Seismic Player, Enters Offshore Wind Market

(OE) Norwegian company PGS, best known for its seismic survey services in the offshore oil and gas sector, said Wednesday it had scored its first offshore wind contract. The company said it had secured its first ultra-high resolution offshore wind farm site characterization project, marking its debut in "a strategically important new energy market." "PGS... Continue Reading →

January 25, 2023 0

TechnipFMC Nets Substantial Subsea Services Deal with Petrobras

TechnipFMC said on Tuesday that the Brazilian oil company Petrobras had awarded it a large master services agreement for subsea services. For TechnipFMC, a “substantial” contract is between $250 million and $500 million. The three-year contract has an option to extend for two years. TechnipFMC will provide life-of-field services to support its installed base offshore... Continue Reading →

January 25, 2023 0

EU leaders to back new funding for green industry in Feb -draft

(Reuters) - European Union leaders will give clearance in February for work on new EU funding for the green tech industry to counterbalance subsidies in the United States and China, as well as more flexible use of existing funds and looser state aid rules. The draft conclusions for the Feb 9-10 EU leaders' summit, seen... Continue Reading →

January 24, 2023 0

Rovco grows its fleet to service offshore wind projects

Rovco, a UK provider of subsea robotics and integrated survey, has signed an initial three-year charter party agreement with Glomar Offshore for the multi-purpose support vessel Glomar Supporter, as part of its growth strategy within its site characterization business unit. Rovco has pointed out that the charter agreement with Glomar Offshore marks a significant step... Continue Reading →

January 24, 2023 0