The International Energy Agency (IEA) believes that growth in global oil demand is projected to slow down to a crawl by 2028.
Hitachi Energy has secured a contract with Spanish and French electricity transmission operators to supply HVDC converter stations for the first subsea electricity interconnection between France and Spain. The contract for the Biscay Gulf interconnection has been awarded by Electricity Interconnecti
A floating LiDAR device has been deployed at the Ichnusa Wind Power Project site some 35 kilometres off the coast of Sardinia to monitor wind and wave conditions. The floating LiDAR campaign, the first of its kind for an offshore wind project in Sardinia, is being managed by Akrocean. Monitoring wil
Two 220 kV high-voltage alternate current (HVAC) three-pole submarine cables have been installed for Vineyard Wind 1, America’s first large-scale offshore wind project. Prysmian Group, the supplier of the submarine cables, said that the operations proceed on time with the schedule and that their cab
French designer and shipowner VELA has unveiled the design of its first-of-its-kind trimaran cargo ship that will allow the company to transport goods across the Atlantic Ocean using 100% wind power.
Human rights and environmental non-governmental organizations (NGOs) are urging UNDP to ensure the clean and safe recycling of the decaying floating storage and offloading (FSO) vessel Safer, moored offshore Yemen, that is threatening to cause a massive oil spill. In a letter addressed to UNDP, the
Australia’s energy giant Woodside Energy has awarded TechnipFMC with a contract to deliver flexible pipes and umbilicals for a project offshore Western Australia. Under the contract deemed as “significant”, TechnipFMC is in charge of the engineering, procurement, construction, and installation of fl
Equinor has received consent from Norway’s regulator to use one of Transocean’s rigs on a block located in the Norwegian Sea.
BW Energy has brought on stream the second well in its drilling campaign offshore Gabon while the drilling ops on the third well are ongoing.
Shell has decided to step up its decarbonisation efforts by boosting its low-carbon energy solutions business with investments of $10-15 bln.
Classification society DNV has verified the safety of all aspects of Project Greensand’s CO2 storage in the North Sea. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in the Nini field in the Danish North Sea. The
JDR Cable Systems (JDR) has been awarded the contract to supply, test, and terminate the 66 kV dynamic inter-array cables (IAC) for the 30 MW EolMed floating wind project offshore France. JDR will design and manufacture the 66 kV dynamic cables, with the cable cores being produced at TFK’s Bydgoszcz
Wood Mackenzie anticipates floating rig demand to skyrocket by a further 20 per cent over the next two years.
Greek electricity grid operator Independent Power Transmission Operator (IPTO) has put the Western Corridor, part of the Peloponnese interconnection, into full operation. The Western Corridor includes the electricity transmission line connecting Megalopoli with Patras and Western Central Greece, con
