Offshore solar energy systems are an emerging application in which photovoltaic (PV) systems are installed directly over bodies of water. Floating solar photovoltaic is a subset of that technology in which PV panels are mounted on buoyant substructures. PV panel technology is similar to traditional
Oil and gas company Aker Energy is looking to revive its Pecan field development offshore Ghana, after terminating its agreement with Yinson for the provision of an FPSO for the project.
Jan De Nul has kicked off construction works in Taiwan for the 376 MW Formosa 2 offshore wind farm. Nearshore and onshore construction works have started at the landfall site in Miaoli County and Taichung port, Jan De Nul said. Offshore installation works will commence later this year. At the landfa
Oil and gas company Apache has implemented digital inspection technology to reduce offshore inspection hours on its Beryl Alpha Platform.
Mexico’s Grupo R has received an early termination of a drilling contract with Hokchi Energy due to the current market situation.
Oil and gas company Premier Oil has agreed revised terms for the acquisitions of the Andrew Area and Shearwater assets from British oil major BP.
A wholly-owned subsidiary of Singapore’s offshore rig builder Sembcorp Marine has entered into a revolving facility agreement for up to $500 million with Standard Chartered Bank.
European Marine Energy Centre (EMEC) has been selected by POM West Flanders to aid the development of the ‘Blue Accelerator’ test platform into an international hub for blue growth. Blue Accelerator is a maritime innovation and development platform, located approximately 500 meters from the eastern
Borr Drilling has postponed deliveries of five jack-up rigs until mid-2022.
U.S. offshore support vessel provider Seacor Marine has, through a wholly-owned subsidiary, entered into a definitive sale and purchase agreement to acquire the remaining 50 per cent of the equity interests in SEACOSCO Offshore, that it did not already own from COSCO Shipping.
Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will focus mainly on renewable energy named “En
Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its first-quarter profit boosted by higher voyage revenues. Net income for the three months ended March 31 increased to $7 million as compared to $1.9 million in the same period in 2019. Dynagas LNG attr
The United States exported less liquefied natural gas cargoes in the week ending June 3 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that five US terminals dispatched ten LNG cargoes between May 28 and June
Gulf of Mexico operators are removing workers from its offshore assets and ramping down production due to an incoming tropical storm.
