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(Reuters) The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding. The Nordic country, a major producer of oil and gas as well as hydropower, plans... Continue Reading →
Oil and gas company Perenco has said it has discovered oil in the Tchibeli North East pre-salt Vandji exploration prospect on the Perenco-operated PNGF Sud license, offshore Congo. Perenco said that good oil and gas shows were recorded on entry into the reservoir, and a 75-meter oil column was interpreted on logs. "A test of... Continue Reading →
(OET) Italian oilfield services provider Saipem has decided to buy the Santorini ultra-deepwater drillship from South Korea’s Samsung Heavy Industries to strengthen its offshore drilling fleet amid the growing demand in the market. The Santorini drillship was initially ordered from Samsung Heavy by Ocean Rig and it was slated for delivery in the second quarter of 2017. Come... Continue Reading →
(Reuters) - Global renewable power capacity growth is set to double over the next five years, driven by energy security concerns in the wake of Russia's invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday. In an annual report on the outlook for renewables, the IEA said capacity worldwide is expected to grow... Continue Reading →
(Reuters) - The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean. The auction is a major milestone in the Biden administration's push to put wind turbines along every U.S. coastline... Continue Reading →
(Reuters) - The transition team for Brazil's President-elect Luiz Inacio Lula da Silva sees no need for any emergency move at state-run oil company Petrobras (PETR4.SA), sources said on Monday, after a meeting between Lula's team and the firm's top management. The state-run oil company briefed Lula's transition team on fuel pricing policy, according to the... Continue Reading →
South Korea’s ocean exploration company, Geoview, has completed the marine geophysical survey for Equinor’s Firefly floating offshore wind farm in Ulsan. In the first half of 2022, Geoview won an ocean exploration project from Equinor for the first time as a Korean company. Geoview specializes in marine surveys such as seabed topography mapping, geophysical surveys,... Continue Reading →
(MTR) This week, dozens of companies are expected to compete for the right to lease the first commercial wind power sites off the coast of California in a federal online auction that could kick-start the state’s next clean energy boom. Collectively, the winners will pay at least tens of millions of dollars for exclusive rights to submit... Continue Reading →
KBR has won a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Dutch utility company, Eneco. KBR will perform a front-end engineering design of the baseload power hub (BLPH) for the Hollandse Kust (north) wind farm located offshore the Netherlands. "KBR and Shell... Continue Reading →
(RN) Floating wind turbines are crucial to the future of offshore wind, and to bring energy costs down to a competitive level, they require radically different thinking. French company Eolink is starting to build a full-scale demonstrator of its innovative pyramid-shaped floating wind turbine, which reduces materials and weight by more than 30%, and promises... Continue Reading →
Brazil Energy Insight 