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Construction Starts for Asia's Largest Offshore Wind Blade Manufacturing Facility
Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien Li is one of key local supply chain partners of wind turbine builder MHI Vestas…
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Japan's JERA, France's ADEME, Ideol in Floating Wind Pact
Japanese power generator JERA said on Monday it has agreed with France's state-owned investment firm ADEME Investissement and French floating wind technology supplier Ideol on key terms for forming a joint venture to develop floating offshore wind farms.They aim to make a final agreement…
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Angola Resisting Pressure to Taper Oil Output
Angola is resisting pressure by OPEC's de-facto leader Saudi Arabia for a steeper oil output cut to comply fully with record supply curbs, OPEC and industry sources said.The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, have been cutting oil output…
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Safety Product: Magnetic Fall Protection System
Rotterdam-based McNetiq launched a new line of magnetic anchors for fall protection when working at height.The first product in this series from McNetiq is the workplace safety device McNetiq Fall Restraint, intended for workplaces constructed of steel without edge protection.The…
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Japan to Develop Offshore Wind Farms at 30 Sites in 10 years
Japan will craft new rules and support infrastructure in a drive that aims to build offshore wind farms at 30 sites during the next decade, the Nikkei business daily said on Thursday.Industry Minister Hiroshi Kajiyama is expected to announce policy measures soon to target the goal…
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Norway's May Oil Output Down, But Still Above Forecast
Norway's oil production fell in May from the previous month but still exceeded official forecasts by 0.9%, the Norwegian…
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New Report Outlines Big Potential for Offshore Wind
Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever…
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Offshore Wind Will Bring Jobs, Growth to New Jersey, Other Coastal States
NOIA President Erik Milito issued the following statement after New Jersey Governor Phil Murphy announced the creation of…
Latest news
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The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World
Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects…
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Norway to Keep Oil Production Cut Unchanged after OPEC+ Deal
Norway, Western Europe's largest oil producer, has no plans to modify its existing plans for production cuts, following the…
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Norway Oil Companies Slash Investment Plans
Norwegian oil and gas investment, a key economic driver, is expected to decline sharply in 2021 after rising less than previously…
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ENGIE Fabricom, Iemants JV to Build Hollandse Kust (North) Substation
A consortium of the Belgian companies ENGIE Fabricom and Iemants will supply the offshore substation platform for the Hollandse…
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Hybrid AUV Completes Depth of Burial Survey for Offshore Wind Farm
Modus Seabed Intervention completed a high speed bathymetric and depth of burial survey of the inter array cable routes on…
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Nigeria Launches Licensing Round for Marginal Oilfields
Nigeria has launched its first licensing round for marginal oilfields in nearly 20 years, the Department of Petroleum Resources (DPR) said on Monday…
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Lebanon Postpones Offshore Licensing Round Again
Lebanon has again postponed the deadline for the submissions of applications for its second offshore licensing round, citing…
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Melbana Gets More Time for Find Beehive Drilling Partner
Australian oil and gas company Melbana Energy has been given more time to work on its Beehive offshore prospect in the Bonaparte Basin off W.
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Deme Offshore Joins Neptune's Hydrogen Project
Offshore installation contractor Deme Offshore has joined Neptune Energy's PosHYdon pilot, the world’s first offshore green hydrogen project…
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Seafox Drops Takeover Pursuit of GMS
Dutch jack-up services company Seafox has ended its pursuit to acquire rival Gulf Marine Services.After it in April floated…
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Prysmian's Inter-array Cables for Saint-Brieuc Offshore Wind Farm
Italian marine cable installation company Prysmian has won an €80 million contract to provide the submarine inter-array cable…
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Norway: OMV Gets NPD Nod for Hades Drilling
Austrian oil and gas firm OMV has been granted a permit for the drilling of the offshore well 6506/11-12 S in the Norwegian…
Exploration
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World First Full Scale 'Ammonia as Fuel' Marine Four-Stroke Engine Test
While there is no consensus on the marine industry ‘fuel of the future’ that will meet ever tightening international emission mandates…
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Amprion Sets Out North Sea Offshore Wind Grid Vision
German power grid company Amprion on Wednesday unveiled long-term plans for joint European offshore wind links in the North…
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Innogy Picks Most Powerful Wind Turbine for Its Largest Offshore Wind Project
Offshore wind developer Innogy has chosen giant 14 megawatt (MW) offshore wind turbines for its flagship 1.4 gigawatt (GW) Sofia Offshore Wind Farm…
Drilling
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USA: Twelve Offshore Wind R&D Projects Selected for Funding
The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected twelve projects for contract negotiation…
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Faroe Islands: Minesto Installs Foundation for Tidal Kite System
Tidal energy developer Minesto has completed the first offshore installation phase of its tidal energy project in the Faroe Islands…
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Shell Weighs Sale of $2B-plus Share in Queensland LNG
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland…
Production
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Iran's Oil Storage Almost Full as Sanctions and Pandemic Weigh
Iran has slashed crude oil production to its lowest level in four decades as storage tanks and vessels are almost completely…
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DNV GL: Oil Demand, CO2 Emissions Probably Peaked in 2019
Global oil demand and carbon dioxide emissions probably peaked in 2019 as the COVID-19 pandemic will have a lasting impact on both…
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Shell to Write Down $22B in Wake of Coronavirus
Royal Dutch Shell said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked…
