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Exploration & Production

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Geophysical survey clears way for 10 MW wave energy project in Portugal
Exploration & Production

Geophysical survey clears way for 10 MW wave energy project in Portugal

Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern Portugal, which supports the demonstration of its C5 wave energy technology and prepares the groundwork for the planned 10 MW project. The Portuguese Directorate-General for Natural Resource

about 10 months ago
Texas GulfLink deepwater crude oil export terminal; Source: Sentinel Texas GulfLink
Exploration & Production

Texas’ deepwater crude oil export port cleared for takeoff as US energy expansion continues

Texas GulfLink, an affiliate of Dallas-based Sentinel, has received a permit from the U.S Environmental Protection Agency (EPA) for its offshore deepwater crude oil export terminal near Freeport, Texas.

about 10 months ago
HyOrc and Start forge joint venture to build green methanol network in Portugal
Exploration & Production

HyOrc and Start forge joint venture to build green methanol network in Portugal

HyOrc has signed a definitive joint venture (JV) agreement with Start to co-develop and operate a network of green methanol plants in Portugal.

about 10 months ago
Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC).
Exploration & Production

Colombian start-up tests small-scale wave energy converter

Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC). The company has designed, manufactured, installed, and analyzed a small-scale version of its device in the Universidad Nacional de Colombia wave flume. According to Neowave, the tests

about 10 months ago
Illustration; Source: TotalEnergies
Exploration & Production

TotalEnergies widens its African portfolio with four blocks in ‘oil-prone’ basins

France’s energy giant TotalEnergies has expanded its footprint in African waters by securing four offshore exploration permits in Liberia, believed to contain the potential for large-scale discoveries.

about 10 months ago
Altamira Fast LNG 1; Source: New Fortress Energy
Exploration & Production

Puerto Rico secures gas supply through multi-year LNG deal with US firm

U.S. energy infrastructure player New Fortress Energy (NFE) has ironed out the terms of a long-term gas supply contract with the government of Puerto Rico, which will enable it to provide liquefied natural gas (LNG) to the Caribbean nation.

about 10 months ago
Illustration; Source: International Energy Agency (IEA)
Exploration & Production

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

about 10 months ago
Weco's team working on Kaizen 2.0 wave energy device
Exploration & Production

Weco completes first full assembly of its upgraded wave energy device

The Hague-based Wave Energy Collective (Weco) has completed the first full assembly of its Kaizen 2.0 wave energy device and carried out dry tests of the power take-off unit and control system at Holland Shipyards Group. “Last week we successfully performed our first full assembly of the new Kaizen

about 10 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Exploration & Production

With regulatory green light secured, Brazilian tie-back project charges full steam ahead

Brazilian oil and gas company PRIO has received the authorization for a tie-back project in Brazil’s Campos basin.

about 10 months ago
Global OTEC’s structural prototype for operating OTEC in tropical storm prone environments under the Horizon Europe funded 'PLOTEC' project
Exploration & Production

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

about 10 months ago
FSRU Hoegh Galleon; Source: Höegh LNG
Exploration & Production

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 10 months ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Exploration & Production

Equinor gets go-ahead to drill two wells off Norway

Norway’s state-owned energy giant Equinor has obtained two drilling permits from the Norwegian Offshore Directorate (NOD).

about 10 months ago
Floating solar at Hollandse Kust Noord endures first North Sea storm
Exploration & Production

‘World’s first’ offshore solar farm within wind farm shows resilience to strong winds

Nymphaea Aurora, described as the “world’s first” offshore solar farm within a wind farm, has endured its first strong winds of 70 km/h without damage, Dutch offshore solar company Oceans of Energy said. “Good morning, Nymphae Aurora withstood its first strong winds (70 km/hr) of the last 24 hours v

about 10 months ago
Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028
Exploration & Production

Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028

Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp

about 10 months ago
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