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Four new challenges, which aim to push the boundaries of innovation in floating offshore wind, have been launched in the NOW Accelerator programme. Presented by industry players Vattenfall and Seagust, Equinor, Deep Wind Offshore and EDF Renewables, and Å Energi and Corio, the four new challenges are part of the NOW Accelerator programme by Norwegian... Continue Reading →
(gCaptain) Equinor, a leading energy company, has announced the execution of a Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority (NYSERDA) for the renewable energy produced by the Empire Wind 1 offshore wind project. The agreement comes after NYSERDA’s February announcement selecting Equinor as a conditional winner in... Continue Reading →
(OE) COWI North America, a subsidiary of engineering company COWI, has achieved approval certification body DNV for its offshore wind turbine foundations design for Equinor’s Empire Wind 1 offshore New York. COWI developed optimized foundation designs for 54 15MW turbines, set to generate 810MW, which has now been approved by DNV. The design not only... Continue Reading →
(OE) Brazilian deepwater drilling firm Ventura Offshore Holding has been listed for public trading at Euronext Growth in Oslo, Norway. On March 8, 2024, Ventura Offshore Holding entered into a share purchase agreement (SPA) with Petroserv Marine regarding the acquisition of all outstanding shares in Universal Energy Resources. Following the closing of the acquisition two... Continue Reading →
(OE) Shearwater GeoServices has ramped up its multi-client activity by starting the Pelotas Basin 3D survey, offshore Brazil. The survey represents the fifth multi-client 3D acquisition project so far for Shearwater, the company said. The Pelotas Basin 3D is adding to Shearwater’s existing library in the conjugate Orange Basin of Namibia and is a continuation... Continue Reading →
(OM) TotalEnergies, together with APA Corporation and Staatsolie, has made progress toward reaching the final investment decision (FID) for the development of deepwater Block 58 offshore Suriname, expected to be made in the fourth quarter of 2024. TotalEnergies is the operator of Block 58 with a 50% interest, alongside APA Corporation (50%), while Staatsolie has... Continue Reading →
(OM) Demand for floating and jackup rigs is ramping up worldwide, with operators particularly active for drilling campaigns in the “golden triangle” of the US Gulf of Mexico, Africa and Brazil, according to Evercore ISI’s latest Offshore Rig Market Snapshot. The oilfield services investment consulting firm based its analysis on 1Q 2024 earnings results. In the US,... Continue Reading →
By Matthew Smith for Oilprice.com In a controversial move, Colombia’s leftist President, Gustavo Petro, banned awarding new hydrocarbon exploration contracts. He also sought to ban hydraulic fracturing in the conflict-riven country, which is economically dependent on petroleum extraction. Those government policies, coupled with tax hikes for Colombia’s extractive industries along with a lack of major oil and... Continue Reading →
South America Offshore Wind 2024 is pleased to welcome more esteemed Speakers! Meet their teams in Rio, and Register Now. The second annual edition of this premier event will feature 400+ global leaders from 200+ different companies looking to contribute to the South American market. It will host 50+ industry leading presentations, and over a dozen catered networking... Continue Reading →
(OE) Norwegian offshore vessel operator DOF Group has secured a ‘major contract’ from Petrobras for its pipelay support vessel (PLSV) Skandi Vitória. DOF secured a three-year firm contract, plus option, for its PLSV Skandi Vitória as part of an ongoing tender process. The contract starts in 2025, according to DOF. The vessel is Brazilian-built and... Continue Reading →
Brazil Energy Insight 