CorPower Ocean, Maersk Supply Service, and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 wave energy demonstration project. The novel anchor has been installed 4 kilometers off the coast of Aguçadoura, in northern Portugal, where it will be used to anchor the CorPower C4 wave energy converter, as part of the company’s... Continue Reading →
Baker Hughes, Mocean Energy, Verlume Ink MOU
Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market.The MoU will explore the opportunities for integrated wave energy, energy storage and power delivery solutions to facilitate... Continue Reading →
Equinor, Naturgy Team up on 200MW Spanish Floater
Spanish utility and Naturgy and Norway's Equinor are targeting a 200MW floating offshore wind project in the Canary Islands. Following an agreement to work together, made earlier this year, the firm's are targeting the Floating Offshore Wind Canarias (FOWCA) project in the maritime area of eastern Gran Canaria.The FOWCA project, which would be connected to the... Continue Reading →
TotalEnergies Extends Suriname Rig Contract
TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship. The contract extension is expected to start in January 2023, in direct continuation of the rig’s current work scope, with an estimated duration of 100... Continue Reading →
Allseas to install 700-kilometer natural gas pipeline offshore Mexico
Allseas has won a contract with TC Energy (TCE) to install the offshore stretch of the Southeast Gateway Pipeline in the Gulf of Mexico. The 700-kilometer natural gas pipeline will run south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas’ scope covers engineering and construction, as well... Continue Reading →
Enauta: All three wells back on stream off Brazil
Brazil’s oil and gas player Enauta has restarted production from three wells located on a field offshore Brazil and expects the production to stabilise over the incoming period. Enauta revealed on Wednesday that all three wells on the Atlanta field have come into operation. The company further elaborated that this field is in the process of commissioning... Continue Reading →
Vertical Axis Turbines ‘Dramatically’ Increase Power Density at Offshore Wind Farms – White Paper
(OW) Sweden-headquartered SeaTwirl has published a white paper that outlines the possibility of ‘dramatically’ increasing the power density on offshore wind farms by placing the company’s vertical axis wind turbines (VAWT) closer together. The white paper, which was commissioned by SeaTwirl from Dr. Pablo Ouro, a researcher at the University of Manchester, investigated different spacing configurations... Continue Reading →
Mexican leader offered cooperation on gas, says German president
(Reuters) - Mexico's President Andres Manuel Lopez Obrador offered to help with a key fuel in high demand across Europe, the German president told reporters in the Mexican capital on Tuesday, amid a supply squeeze following Russia's invasion of Ukraine. President Frank-Walter Steinmeier, Germany's head of state, made the comments following a meeting with Lopez... Continue Reading →
Petrobras on payment of remuneration to shareholders
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/28/2022 and 08/31/2022, informs that it has carried out today the payment of the 2nd installment of the remuneration to shareholders approved by its Board of Directors in a meeting held on 07/28/2022. The gross amount distributed today corresponds to dividends of R$... Continue Reading →
EXCLUSIVE Maroil takes over most of Venezuela’s petroleum coke trading
(Reuters) - Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken over sales of almost all Venezuela's exports of petroleum coke, a move that could reduce sanctions risks for clients, according to documents and four sources close to the decision. The Geneva-based company has boosted exports and customers since signing a commercial pact with... Continue Reading →