After being awarded an extension on the Walton Morant licence in Jamaica, United Oil & Gas will be moving forward with its farm-out campaign.
The Danish Minister of Climate, Energy and Utilities, Dan Jørgensen, and the Belgian Minister of Energy, Tinne van der Straeten, have signed a formal political Memorandum of Agreement to establish an offshore grid connection between Denmark and Germany including the Danish energy island in the North
Finnish wave energy company Wello and government-led agency Export Barbados (BIDC) have announced a new cooperation agreement to explore the opportunities that lie in Barbados’ marine space for energy generation.
The Norwegian Petroleum Directorate has granted Lundin Energy Norway a drilling permit for a wildcat well in the Norwegian Sea.
Swedish wave energy company Seabased has signed a lease agreement with the Government of Bermuda for the construction of 40MW wave energy park.
Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.
BHP and Woodside have signed a binding share sale agreement for the merger of BHP’s oil and gas portfolio with Woodside and made the FID for Scarborough.
Helix Energy Solutions is set to carry out well abandonment, recovery of subsea trees and wellhead severance and recovery at the Tui oil field offshore New Zealand as part of the contract recently secured with New Zealand’s Ministry of Business, Innovation & Employment (MBIE).
The representatives of the Basque Energy Cluster and the Blue Cluster from Belgium have signed a memorandum of understanding (MoU) to promote European offshore energy know-how worldwide.
The COVID-19 pandemic has caused Marintec China, one of the largest maritime events in the world, to be postponed due to restrictions imposed by the government.
The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
Swedish wave energy developer Ocean Harvesting Technologies has commissioned a Hardware-in-the-Loop (HIL) test rig to validate the InfinityWEC’s power take-off (PTO) with instant force control capabilities.
Norway’s oil production in October 2021 exceeded the NPD’s predictions by 2.8 per cent, while the gas output also experienced a boost compared to September.
