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(offshoreWIND.biz) The Regulatory Authority (RA) of Bermuda has commenced the procurement process for the island’s first offshore wind project. The RA is inviting developers to express their interest in building and operating the offshore wind project, which is expected to be rolled out in phases, beginning with an initial installed capacity of 60 MW, expanding... Continue Reading →
(offshore-energt.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has provided updates on the reprocessing work being carried out offshore Uruguay and the sale of its assets onshore Trinidad and Tobago. Expressing satisfaction with how Challenger Energy is currently positioned, the oil and gas company’s CEO, Eytan Uliel, said in a recent update that his... Continue Reading →
(OE) Cerulean Winds, the lead developer of the Aspen, Beech and Cedar floating offshore wind farms, has completed Digital Aerial Surveys (DAS) for the projects planned to be built in the Central North Sea. The ecological data has been collected across an area of 2,784 km2, following 72 DAS for the its Aspen, Beech and... Continue Reading →
(Reuters) Dutch geological data specialist Fugro it would cut more jobs and shift focus to different business segments after confirming a drop in first-quarter revenue on Thursday, hit by a pause in new U.S. offshore wind projects. The company also cited a highly volatile global market environment. Sales fell 11.1% to 450 million euros ($510.12... Continue Reading →
(OE) Norwegian seismic firm TGS has secured a shallow-water ocean bottom node (OBN) acquisition contract offshore Trinidad. The 3D baseline contract is scheduled to begin in early third quarter of 2025. The total duration of the survey is approximately 80 days. "Our OBN technology continues to be the preferred choice of the industry and exposes... Continue Reading →
(OE) A final investment decision (FID) for the Sea Lion development offshore the Falkland Islands could be reached in mid-2025, according to Rockhopper, which is partner in the project with the operator Navitas Petroleum. Navitas continues to estimate Capex to first oil on phase 1 of c$1.4 billion and in this regard has entered into... Continue Reading →
(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing work being carried out for an exploration block off the coast of Uruguay. According to Challenger, the technical work program for the AREA OFF-3 block is progressing well, with the full-depth reprocessing of 1,250 square kilometers... Continue Reading →
(OE) Offshore seismic services firm Shearwater Geoservices has secured large deepwater 4D ocean bottom node (OBN) reservoir surveillance program by ExxonMobil Guyana. Under the contract, Shearwater will begin a six-month survey starting in the first half of 2025. The field unit will be comprised of a Shearwater seismic vessel as source vessel, and a dual... Continue Reading →
(OM) The Guyana-Suriname basin has seen significant activity in recent years, with Guyana alone unearthing more than 13 billion barrels of oil equivalent (boe) of discovered volumes in the past decade. As operators in offshore Guyana continue to explore and develop its resources, the focus on its coastal neighbor, Suriname, is growing. Rystad Energy analysis forecasts... Continue Reading →
(offshore-energy.biz) A geophysical and geotechnical survey conducted offshore Viana do Castelo by Portugal’s WavEC Offshore Renewables has provided data on the seabed’s characteristics, supporting the development of floating offshore renewable energy projects. The study, carried out within the Technological Free Zone (ZLT), is part of the EU-SCORES initiative and was commissioned by WavEC to Instituto Hidrográfico –... Continue Reading →
Brazil Energy Insight 