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King Charles III’s property firm is to invest up to £400m of fresh capital into the UK’s offshore wind supply chain, it has been announced. The Crown Estate has earmarked £350m for investment into the construction of a new port and supply chain infrastructure it said would support “accelerated delivery of UK offshore wind projects.”
(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. offshore production accounts for 14% of total U.S. According to the U.S.
trillion oil fund, will buy 49% in two offshore wind farm developments of RWE for a total of $1.5 billion euros), the funds manager, Norges Bank Investment Management, said on Monday. The worlds biggest sovereign wealth fund, Norways $1.8 billion (1.4 billion (2.87 billion euros), the Norwegian fund said.
(World Oil) – This first-of-its-kind deployment signals a step change in how safety and operational assurance can be managed in offshore wind, with WindSafe introducing real-time visibility, predictive analytics, and intelligent automation to enhance performance and reduce risk at scale.
(World Oil) – Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.
Natural Gas $3.98 +3.25% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Perenco Invests in New Offshore Infrastructure in Congo by Paul Anderson | Rigzone Staff | Tuesday, June 17, 2025 | 10:05 AM EST Perenco is building a new platform to recover approximately 7 million cubic feet of gas per day in the Kombi-Likalala-Libondo II permit area.
Bureau of Ocean Energy Management (BOEM) has completed its designation of an offshore wind energy area in the Gulf of Maine. The BOEM, in a notice published in […] The post Offshore Wind Area Detailed for Gulf of Maine; New York Project Delivering Power appeared first on POWER Magazine.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Inventory & Warehouse ManagementManaging spare parts, tools, and consumables at base camps, yards, or staging areas.
Offshore Energies UK (OEUK) has today proposed key reforms to accelerate offshore wind generation following the government’s publication of its Review of Electricity Market Arrangements (REMA). OEUK’s analysis shows that to meet the CP30 goal of 95% clean power by 2030, the UK must deliver half of this target from offshore wind.
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Build a long-lived, scaled portfolio.
operator.Under the terms of the agreement, OEG will manage the… Energy solutions business OEG has secured a multi-year helifuel services contract with a major U.K.
Seequent, a leader in earth-modeling, analysis, data management, and collaboration software, received the Sust2ainable Exhibitor Award from RenewableUK at the Global Offshore Wind 2025 event…
Offshore Energies UK and Step Change in Safety are delighted to announce details of entries shortlisted for this year’s exciting Offshore Safety Awards. The post Shortlist announced for Offshore Safety Awards 2025 appeared first on Offshore Energies UK (OEUK).
Jesper de Jong, Sales Manager DMO, said: “At Draeger Marine & Offshore we are proud to have supported the Poseidon joint venture partners in this landmark project for the UK’s burgeoning CCS industry. Already a member?
Offshore drilling saw a temporary rebound , gaining 4 rigs. Here is a summary of the U.S. drilling continues a slow decline , led by losses in oil-directed rigs. Here is a summary of the U.S. drilling continues a slow decline , led by losses in oil-directed rigs. Texas remains the top drilling state despite a consistent downward trend.
Image by Adele Heidenreich via iStock Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies SE, according to a special adviser in the presidency. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.
Mariano Guerrico, Global Technology Manager, Tracerco, describes how cutting-edge technology has transformed flow control and monitoring, showcasing a case study from the Santos basin offshore Brazil.
stake divestment in West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat for approximately $610 million.Located approximately 14 km off the U rsted has completed a 24.5%
(World Oil) – The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program.
OEG Group has landed a multi-year contract, managingoffshore helifuel systems in the North Sea and providing helifuel tanks on a serviced rental basis for a major UK operator. He added that the helifuel training enhanced offshore safety as it adheres “to the highest industry standards in the North Sea and other regions.”
Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown. About EnerCom, Inc.:
German engineering firm Jrss - Blunck - Ordemann (JBO) has secured two offshore wind foundation design contracts with asset manager Luxcara for projects in the German exclusive economic zone (EEZ)
French seismic company Viridien has sold its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational
Offshore engineering specialist Enersea and EPCI management expert IX Renewables have signed a memorandum of understanding (MoU) to enhance collaboration in the offshore wind sector
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Companies continue to be added to the schedule daily.
In its release, Maersk Training noted that the new maritime and safety training facility at Fletcher Technical Community College will primarily serve the offshore oil and gas industry and the maritime sector.
Empire Offshore Wind, a subsidiary of Equinor, has been informed by the Department of the Interiors Bureau of Ocean Energy Management (BOEM) that the stop work
In the meantime, more questions than answers remain regarding the regulatory framework for offshore CCS. One issue is the method Interior will use to authorize offshore CCS – by lease, easement, or right-of-way (or some combination thereof).
The scope includes ASCO's full range of integrated logistics services, such as quayside operations, warehousing, materials management, marine gas oil, environmental services, aviation, customs, freight forwarding, and ship agency. The substantial five-year contract, worth roughly £150mn, begins on July 1, 2025.
Norges Bank Investment Management signed an agreement with RWE to acquire a 49 percent stake in the German utility's Nordseecluster and Thor offshore wind projects in Germany and Denmark respectively.
Bureau of Ocean Energy Management (BOEM) held its long-anticipated offshore wind lease sale for the federal Outer Continental Shelf (OCS) in the Gulf of Mexico (GOM) on Tuesday, August 29, 2023. million winning bid for the lease area offshore Louisiana, submitted by the provisional winner, RWE Offshore US Gulf, LLC (RWE).
Engineering, procurement and construction company Katoni Engineering has appointed Leigh-Ann Robb as its offshore operations manager and Ross MacPhail as offshore construction manager, it said March 9. Ms Robb brings over 20 years of experience in recruitment, training and on and offshore operations management.
The company said in a media release that the Vestas units are the largest offshore wind turbines to be installed in Europe. Orlen said that as early as next year, the Baltic Power offshore wind farm will be capable of covering up to 3 percent of Poland’s electricity demand. gigawatts in partnership with other entities.
In advance of holding an offshore wind lease sale in the Gulf of Mexico, which is expected this summer, the Department of Interior recently took several steps to update the offshore wind regulatory framework. BSEE would also review safety management systems and oil spill response plans.
On June 23, 2022, the Bureau of Ocean Energy Management (BOEM) published a draft guidance on mitigating potential impacts of offshore wind development on commercial and recreational fishing. BOEM also recommends gear loss and damage payments.
Department of Energy (DOE) has awarded approximately $6 million to five organizations that will develop training programs for emergency responders, building managers and owners, and other officials interacting with solar energy and storage systems, alternative-fuel vehicles and their chargers, and energy-efficient building technologies.
RWE has signed an agreement with Norges Bank Investment Management (NBIM) as its new partner for the Nordseecluster and Thor offshore wind projects, currently under construction
In this segment of Offshore Engineer TV, Paula Lepore, Global Projects Engineering Manager and Anshul Godha, Materials Scientist at Parker Hannifin discuss a new
US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule
(World Oil) – SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. Services will begin in early 2026 and be managed through SLBs Performance Live digital service delivery centers.
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Kelsian to Provide Workforce Transportation for CP2 LNG Project by Rocky Teodoro | Rigzone Staff | Tuesday, June 24, 2025 | 8:00 AM EST The scope of the contract includes a comprehensive, turnkey transport solution; covering vehicle, operations, maintenance, and onsite management.
Subsea batteries and power management systems maker Verlume has appointed Valor Ocean Technologies (VOT) as its first business development agent in Canada. It follows the successful deployment of three Verlume Charge systems offshore Canada and signals a strategic expansion, Verlume said in a June 10 statement.
The WDDM concession is located around 90 km offshore Egypt, in the north-western Nile Delta region of the Mediterranean Sea, and is operated by Shell through its joint venture, Burullus Gas Company. The area includes 17 gas fields at water depths ranging from 300 to 1,200 m.
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