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Sept. 8 (Reuters) U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility. Global benchmark Brent crude oil prices have dropped more... Continue Reading →
Sept. 5 (offshoreWIND.biz) Ocean Winds has completed the installation of the third and final turbine at the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in France. Developed by Ocean Winds and Banque des Territoires, EFGL is now the first floating offshore wind farm in the Occitanie region to complete its offshore turbine... Continue Reading →
Sept. 5 (offshoreWIND.biz) Japanese floating wind technology developer MODEC has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its iTLP2-FOWT concept, a new generation of the company’s tension leg platform (TLP) type floating offshore wind foundation. In 2020, MODEC obtained AiP for the first iteration of its TLP floating wind... Continue Reading →
Sept 4 (Reuters) - Danish offshore wind developer Orsted and the states of Rhode Island and Connecticut announced lawsuits against the Trump administration on Thursday, alleging its decision to block construction of the nearly finished Revolution Wind project is illegal. The separate complaints are the latest twist in a saga that started last month when U.S.... Continue Reading →
Sept. 3 (offshore-energy.biz) Following the handover of the operator role for one block, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has embarked on a search for a partner at another block off the coast of Uruguay. Before initiating a farm-out process for the AREA OFF-3 block, the firm progressed its planned technical... Continue Reading →
Sept. 4 (OE) French seismic firm Viridien, in collaboration with joint venture partner TGS, has started the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil. The 5,300 sq km multi-client 3D seismic survey will be acquired by TGS and imaged by Viridien and builds on Viridien’s existing Megabar survey coverage. The... Continue Reading →
Emeryville, CA, September 3, 2025 – Principle Power announces that floating offshore wind projects using the WindFloat® technology have produced more than 1 terawatt-hour (TWh) energy since WindFloat 1 was connected to the grid in 2011. This milestone demonstrates the maturity of the WindFloat® designs, and the readiness of the company’s 4th generation designs for... Continue Reading →
Sept. 3 (Reuters) Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress. The 11 deals, signed under a new contractual framework stemming from the latest energy sector reform, mark the initial phase... Continue Reading →
Sept. 3 (OE) Engineers in the U.K. and Brazil have developed a tentacle-like underwater robot that could change how subsea pipelines and offshore structures are inspected, offering a safer and more precise alternative to conventional rigid systems. The one-meter-long flexible manipulator, created by the U.K.’s National Robotarium and Brazil’s Senai Cimatec, features a soft, bendy... Continue Reading →
Sept. 2 (OE) Global Energy Consultancy ABL Group has appointed Hege Marie Norheim as the new chief executive officer (CEO), succeeding Reuben Segal, who will take on the role as Chief Growth Officer (CGO). Norheim is a seasoned industry professional with 30 years’ experience from senior leadership roles. She has extensive experience in oil and... Continue Reading →
