(OE) Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering. Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized... Continue Reading →
ONYX Insight strengthens global footprint with latest multi-year contracts in Europe and Latin America
ONYX Insight has bolstered its global operations across Latin America, Spain and Portugal with several new deals, including two multi-year contracts, to deliver its predictive maintenance technology to wind farms in Spain and Brazil. The company currently monitors more than 1,500 turbines in Brazil, Peru, Chile, Mexico, and Costa Rica, using a combination of its... Continue Reading →
Uruguay – from totally open to totally licensed in just a few years
History is repeating itself in Uruguay. And Chevron plays an important role (Geo Expro) When the Kudu gas field was discovered offshore Namibia in the early 1970s, Chevron jumped to the other side of the Atlantic to take acreage in Uruguay in a similar setting. It led to the drilling of Uruguay’s first couple of... Continue Reading →
New York Cancels Three Offshore Wind Projects
(offshoreWIND.biz) The New York State Energy Research and Development Authority (NYSERDA) has cancelled three offshore wind projects with a combined capacity of over 4 GW due to ”technical and commercial complexities between provisional awardees and their partners,”. In October 2023, NYSERDA provisionally awarded three offshore wind projects, subject to successful conclusion of contract negotiations. These provisionally... Continue Reading →
Europe’s First Commercial-Scale Floating Offshore Wind Farm Secures All Planning Approvals
(offshoreWIND.biz) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have obtained the offshore planning approval for the Green Volt floating wind farm offshore Scotland. With onshore consent announced earlier this month, Green Volt has now received all its planning approvals and remains on track to be the first commercial-scale floating offshore... Continue Reading →
Denmark Launches Massive Offshore Wind Auction
(offshoreWIND.biz) Denmark has opened a new offshore wind tender, the country’s largest ever, offering a minimum of 6 GW of new capacity spread over six wind farms, with the overplanting option allowing for 10 GW or more of new capacity to be added. The Danish Energy Agency published the tender for the wind farms located in... Continue Reading →
Vestas and Maersk to Build Offshore Wind Logistics Base in South Korea
(OE) Vestas has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City to build an offshore wind hub in Mokpo City in the Jeonnam Province, South Korea. Under the MoU, the parties will work together with the aim to establish a nacelle manufacturing plant and logistical base for offshore wind... Continue Reading →
A new standard for offshore wind. Creating a climate of investor confidence.
(offshoreWIND.biz) Milad Sheikhi, Head of Sales and Business Development – Offshore Wind at Jumbo Offshore discusses the way forward for standardisation in offshore wind. Is regulatory restriction the way forward for offshore wind – or will a free market approach yield more rapid returns? With increasingly ambitious targets in the coming years, the pressure is... Continue Reading →
Galp Concludes First Phase of Mopane Exploration Campaign Offshore Namibia
(OE) Portuguese oil company Galp has successfully completed the first phase of the Mopane exploration campaign in the PEL 83 block offshore Namibia, and started a process of evaluating commerciality of oil discoveries made in the past months. Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), said it successfully completed the... Continue Reading →
Petrobras informs on Board of Directors’ Statement on dividend distribution
April 19, 2024 – Petróleo Brasileiro S.A. – Petrobras informs that the Company's Board of Directors, at a meeting held today, in continuity with its process of clarification on the destination of the remaining profit for the 2023 financial year and the possibility of distributing extraordinary dividends, during the presentation to monitor the execution of... Continue Reading →