Offshore

Oil Field

BW Energy Secures ‘Near-Perfect Fit’ FPSO to Unlock Oil From Brazilian Field

E&P company BW Energy has decided to proceed with the Maromba development project, located offshore Brazil, and signed an agreement to buy the laid-up FPSO Polv…

Offshore Wind Power

Rystad Energy: Europe to Break Offshore Wind Capacity Records

New offshore wind capacity additions in Europe are poised to hit a record high this year, topping 4 GW for the first time and more than doubling additions seen …

CNOOC

China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels

Aiming to make full use of domestic and overseas financing channels, Chinese oil and gas giant CNOOC Limited has launched an initial public offering (IPO) on Sh…

Offshore Wind Power

Falck Renewables and BlueFloat Energy Progress Wind Partnership

The Falck Renewables and BlueFloat Energy partnership participating in the current ScotWind offshore leasing round have signed option agreements on its two succ…

Offshore Wind Power

2022 Will Be a Record-Breaking Year for Offshore Wind Energy in Europe

In 2022, for the first time ever, Europe is set to install more than four gigawatts of offshore wind capacity in a single year.

Offshore Wind Power

Energy Prices to Remain Significantly Above Average up to 2030 and Beyond

Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.

Offshore Wind Power

New Tech Is Accelerating the Wind Energy Revolution

Wind energy production is steadily increasing, with several innovative projects being established around the world.

Offshore Wind Power

Technip Energies to Provide FEED for South Korean Offshore Wind Project

Technip Energies have been selected by Equinor South Korea Co., Ltd to perform a FEED for the offshore floating wind Firefly project, located 70 km offshore the…

Oil&Gas Drilling

Empyrean Ticks off ‘Major Box’ at Chinese Well

AIM-listed oil and gas exploration company Empyrean Energy has backed up its pre-drill interpretation of seismic data related to the Jade prospect well located …

Offshore Wind Power

TotalEnergies and KGHM to Develop Offshore Wind Power

TotalEnergies and KGHM have signed a partnership to participate on a 50/50 basis in the Polish government tender for the development of offshore wind projects. …

Floating Offshore Wind

Operator Looking to Decarbonise New North Sea Project with Floating Wind

A proposed development concept for a new North Sea project has received approval from the UK’s offshore regulator, enabling the operator to continue preparing …

Oil&Gas Drilling

All Approvals Ready for Australian Well Drilling to Kick off Next Month

With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 exploration well offshore Western Australia early next mon…

Offshore Wind Power

Philippine Energy Department, World Bank to Launch Offshore Wind Roadmap

​The Philippines’ Department of Energy (DoE) and the World Bank Group (WBG) is set to launch the country’s first Offshore Wind Roadmap on 20 April 2022.

Wind Power Project

TotalEnergies and KGHM Join Forces on Polish Wind Development

TotalEnergies and multinational mining company KGHM have signed a partnership agreement to participate in the Polish government tender for the development of of…

Floating Offshore Wind

EDF Consults on Location for Floating Wind Project

Gwynt Glas is expected to generate 1GW of renewable energy to power up to 920k homes.