Orcadian Energy has received a license extension, which enables it to pursue the development of two oil discoveries in the North Sea that are planned to be developed in tandem using a pair of wellhead platforms tied back to a floating production, storage, and offloading (FPSO) vessel envisioned to b
Two governors, one from North Carolina and one from South Carolina, have sent a joint letter to the United States’ administration to remove the two states’ outer continental shelf lands from consideration in the upcoming 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program.
The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi
A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.
The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per
Singapore-headquartered offshore marine service contractor Kim Heng has signed a memorandum of understanding (MoU) with the newly incorporated government-linked Singapore Energy Interconnections (SGEI) to cooperate on submarine power projects. As part of the non-binding MoU signed on June 9, the par
The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j
BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, has reached several development milestones in its PV-BOS floating solar project, progressing toward offshore deployment. The company confirmed that steel cutting for the first PV-BOS platform took place at San Enriq
China’s COSCO Shipping (Qidong) Offshore and COSCO (Nantong) Shipyard have secured a green light from Norway’s classification society DNV via two certifications for their floating liquefied natural gas (FLNG) liquefaction and storage unit. According to DNV’s social media post, the two arms of the Ch
Leclanché SA has received type approval certificates from Lloyd’s Register (LR) and Bureau Veritas (BV) for its Navius MRS-3 marine rack system.
Canadian Wave-powered desalination innovator Oneka Technologies has secured one of the regulatory approvals needed to move forward with its wave-powered desalination pilot project off the coast of Fort Bragg, California. According to Oneka Technologies, the Fort Bragg Planning Commission unanimously
Enova, a Norwegian government enterprise, has decided to support seven electric vessels and four charging facilities with around NOK 362 million (about €31.6 million).
Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).
Scotland-based Nova Innovation has achieved triple ISO accreditation covering its quality, environmental, and health & safety management systems. The company said the certifications confirm its commitment to improving internal operations while aligning with internationally recognised standards. “It’
