The Newfoundland and Labrador Oil and Gas Industries Association, founded in 1977 to represent the supply and service sector of the offshore oil & gas industry in the region, is now called Energy NL, as the company earlier this week announced changes to its 'vision…
Offshore installation giant Subsea 7 and its technology partner FLASC have won £471,760 (~$631,854) grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) to further develop an innovative offshore energy storage system…
Israel's Delek Drilling, a company that owns a stake in the giant Leviathan gas field offshore Israel, and in the undeveloped Aphrodite gas field offshore Cyprus, is changing its name to NewMed Energy. Apart from changing the name, the company…
Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil.Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173…
UK-based wave energy technology company Mocean Energy said Wednesday its Blue X wave energy machine had returned to dock after a successful five-month test period at sea.'In the last few days the 20-meter long, 38-tonne wave machine has been…
Energy industry services firm TechnipFMC said Friday it had sold a 9.9% stake in Technip Energies to Hal Investments for €196.2 million (~$233 million).Technip Energies was created in February 2021 after TechnipFMC completed its spin-off transaction to create two independent…
Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal.Excelerate will deploy one of its…
The U.S. energy sector lost 10% of its workforce last year due to the effects of the coronavirus pandemic, according to a report unveiled on Monday by U.S. government officials, who said President Joe Biden's clean energy plan was critical to reviving the industry…
Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business.The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled…
Excelerate Energy’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.The Exemplar, with a storage capacity of 150,900 m3…
Early-stage floating wind farm developer Simply Blue Energy has hired engineering firm Wood for pre-FEED work related to its proposed Western Star floating offshore wind farm, to be located off the west coast of Ireland.Simply Blue Energy plans…
Marine renewable energy group Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. 'This pairing brings together both technology and project development perspectives…
Tidal energy developer Minesto said Friday it had signed an agreement with Schneider Electric to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.The collaboration between Minesto and Schneider Electric…
A pioneering project to build the U.S.’s first pre-permitted wave energy testing facility cleared a critical hurdle this week with a lease award from the Bureau of Ocean Energy Management (BOEM) to operate in federal waters about seven miles off the Oregon Coast…
Scotland-based wave energy technology company developer Mocean Energy is gearing up to deploy its scale prototype, Blue X wave energy converter at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Mocean Energy has signed a berth agreement to test at EMEC’s Scapa Flow test site…
