Energyhttps://www.oceannews.com/news/energy/feed/atom/page-102024-03-28T08:15:31-04:00Administrator of ON&Tsubscriptions@oceannews.comJoomla! - Open Source Content ManagementTotalEnergies and Partners Commences Production at the Akpo West Field2024-02-07T11:59:41-05:002024-02-07T11:59:41-05:00https://www.oceannews.com/news/energy/totalenergies-and-partners-commences-production-at-the-akpo-west-fieldOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/Total-Energies-image1-os-oil-gas.jpg" /></p><p>TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/Total-Energies-image1-os-oil-gas.jpg" /></p><p>TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria.</p>
TotalEnergies and Vantage Enter into a 75/25 JV for the Tungsten Explorer Drillship2024-02-06T13:02:05-05:002024-02-06T13:02:05-05:00https://www.oceannews.com/news/energy/totalenergies-and-vantage-enter-into-a-75-25-jv-for-the-tungsten-explorer-drillshipOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/total-energies-vantage-drilling-image1.jpg" /></p><p>TotalEnergies and Vantage Drilling International have signed a binding agreement to create a new joint venture (JV) that will acquire from Vantage the Tungsten Explorer drillship. Pursuant to the terms of the agreement, TotalEnergies will pay $199 million for a 75% interest in the JV owning the rig, with Vantage owning the remaining 25%. Leveraging on Vantage’s deep offshore drilling experience and longstanding collaboration with TotalEnergies, the JV will contract Vantage to operate the Tungsten Explorer for 10 years.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/total-energies-vantage-drilling-image1.jpg" /></p><p>TotalEnergies and Vantage Drilling International have signed a binding agreement to create a new joint venture (JV) that will acquire from Vantage the Tungsten Explorer drillship. Pursuant to the terms of the agreement, TotalEnergies will pay $199 million for a 75% interest in the JV owning the rig, with Vantage owning the remaining 25%. Leveraging on Vantage’s deep offshore drilling experience and longstanding collaboration with TotalEnergies, the JV will contract Vantage to operate the Tungsten Explorer for 10 years.</p>
AGR Wins Vår Energi Well Control Scope2024-02-06T12:18:53-05:002024-02-06T12:18:53-05:00https://www.oceannews.com/news/energy/agr-wins-var-energi-well-control-scopeOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/AGR-Well-Control-Scope-image1.jpg" /></p><p>AGR has been awarded a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/AGR-Well-Control-Scope-image1.jpg" /></p><p>AGR has been awarded a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf.</p>
WaveFarm Unleashes a Wave of Energy for a Sustainable Future2024-02-06T11:12:01-05:002024-02-06T11:12:01-05:00https://www.oceannews.com/news/energy/wavefarm-unleashes-a-wave-of-energy-for-a-sustainable-futureOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-wavefarm-waveroller-ont-news.jpg" /></p><p>Wave energy is the single largest unused renewable energy source on the planet. The total theoretical wave energy resource worldwide stands at an impressive 30,000 TWh/year, surpassing the combined human consumption of electrical energy. If this energy could be properly harnessed, it would increase the share of renewable energy production and reduce the reliance on fossil fuels.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-wavefarm-waveroller-ont-news.jpg" /></p><p>Wave energy is the single largest unused renewable energy source on the planet. The total theoretical wave energy resource worldwide stands at an impressive 30,000 TWh/year, surpassing the combined human consumption of electrical energy. If this energy could be properly harnessed, it would increase the share of renewable energy production and reduce the reliance on fossil fuels.</p>
Ocean Winds and Zelim Join Forces on AI Safety Pilot Project2024-02-02T14:47:34-05:002024-02-02T14:47:34-05:00https://www.oceannews.com/news/energy/ocean-winds-and-zelim-join-forces-on-ai-safety-pilot-projectOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/zelim-ocean-winds-ai-safety-pilot-1.jpg" /></p><p>Zelim, a UK-based startup developing innovative search and rescue solutions, is joining forces with Ocean Winds (OW), an international company dedicated to offshore wind energy and 50-50 joint venture between EDP Renewables and ENGIE, in a pilot project to test AI enabled person detection software for floating offshore wind farms.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/zelim-ocean-winds-ai-safety-pilot-1.jpg" /></p><p>Zelim, a UK-based startup developing innovative search and rescue solutions, is joining forces with Ocean Winds (OW), an international company dedicated to offshore wind energy and 50-50 joint venture between EDP Renewables and ENGIE, in a pilot project to test AI enabled person detection software for floating offshore wind farms.</p>
McDermott Secures EPCIC Contracts for NOC’s Ruya Development2024-02-01T13:49:54-05:002024-02-01T13:49:54-05:00https://www.oceannews.com/news/energy/mcdermott-secures-epcic-contracts-for-noc-s-ruya-developmentOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-mcdermott-secures-os-news.jpg" /></p><p>McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field, Qatar's largest oil field.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-mcdermott-secures-os-news.jpg" /></p><p>McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field, Qatar's largest oil field.</p>
TotalEnergies Sign Agreement for the Acquisition of OMV’s Upstream Gas Assets in Malaysia2024-02-01T13:32:34-05:002024-02-01T13:32:34-05:00https://www.oceannews.com/news/energy/totalenergies-sign-agreement-for-the-acquisition-of-omv-s-upstream-gas-assets-in-malaysiaOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-TotalEnergies-SapuraOMV-1.jpg" /></p><p>TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $903 million (including the transfer of a $350 million loan granted by OMV to SapuraOMV), subject to customary closing adjustments.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-TotalEnergies-SapuraOMV-1.jpg" /></p><p>TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $903 million (including the transfer of a $350 million loan granted by OMV to SapuraOMV), subject to customary closing adjustments.</p>
North Star to Deliver New Hybrid-Electric SOV Bound for EnBW’s He Dreiht Offshore Wind Farm2024-02-01T12:20:21-05:002024-02-01T12:20:21-05:00https://www.oceannews.com/news/energy/north-star-to-deliver-new-hybrid-electric-sov-bound-for-enbw-s-he-dreiht-offshore-wind-farmOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-north-star-sov-ont-news.jpg" /></p><p>North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/February/image1-north-star-sov-ont-news.jpg" /></p><p>North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.</p>
Dominion Energy Receives Final Federal Approvals for US Largest Offshore Wind Farm2024-01-31T14:45:11-05:002024-01-31T14:45:11-05:00https://www.oceannews.com/news/energy/dominion-energy-receives-final-federal-approvals-for-us-largest-offshore-wind-farmOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/January/CVOW_image-1-dominion-energy.jpg" /></p><p><a href="https://www.dominionenergy.com/" target="_blank" rel="nofollow noopener">Dominion Energy</a> has received the last two major federal approvals needed to begin construction of its 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), keeping the largest offshore wind farm in the United States on schedule to generate enough clean, renewable energy to power up to 660,000 homes once fully constructed in late 2026.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/January/CVOW_image-1-dominion-energy.jpg" /></p><p><a href="https://www.dominionenergy.com/" target="_blank" rel="nofollow noopener">Dominion Energy</a> has received the last two major federal approvals needed to begin construction of its 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), keeping the largest offshore wind farm in the United States on schedule to generate enough clean, renewable energy to power up to 660,000 homes once fully constructed in late 2026.</p>
CRC Evans Strengthens Commitment to Offshore Wind with OWGP Grant2024-01-31T12:43:27-05:002024-01-31T12:43:27-05:00https://www.oceannews.com/news/energy/crc-evans-strengthens-commitment-to-offshore-wind-with-owgp-grantOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/January/crc-evans-owgp-grant-welding-1.jpg" /></p><p>CRC Evans, a leading provider of welding and coating services, has been awarded funding through The Offshore Wind Growth Partnership’s (OWGP) Development Grant scheme.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/January/crc-evans-owgp-grant-welding-1.jpg" /></p><p>CRC Evans, a leading provider of welding and coating services, has been awarded funding through The Offshore Wind Growth Partnership’s (OWGP) Development Grant scheme.</p>
Plans Announced for the First Tidal Energy Plant in Southeast Asia2024-01-31T11:55:27-05:002024-01-31T11:55:27-05:00https://www.oceannews.com/news/energy/plans-announced-for-the-first-tidal-energy-plant-in-southeast-asiaOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/January/tidal-project-southeastasia-image1.jpg" /></p><p>Energies PH, Inc, through its affiliate San Bernardino Ocean Power Corporation, has contracted with Inyanga Marine Energy Group to build Southeast Asia’s first ever tidal power generation plant.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/January/tidal-project-southeastasia-image1.jpg" /></p><p>Energies PH, Inc, through its affiliate San Bernardino Ocean Power Corporation, has contracted with Inyanga Marine Energy Group to build Southeast Asia’s first ever tidal power generation plant.</p>
Funding Announced for First-in-Class Low-Carbon Installation Vessel for Floating Offshore Wind2024-01-29T16:29:00-05:002024-01-29T16:29:00-05:00https://www.oceannews.com/news/energy/funding-announced-for-first-in-class-low-carbon-installation-vessel-for-floating-offshore-windOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/January/image-1-morek-engineering-funding-announced.jpg" /></p><p>The UK Government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/January/image-1-morek-engineering-funding-announced.jpg" /></p><p>The UK Government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market.</p>
Ørsted and Eversource Propose Updated Sunrise Wind Project for New York2024-01-29T16:11:39-05:002024-01-29T16:11:39-05:00https://www.oceannews.com/news/energy/orsted-and-eversource-propose-updated-sunrise-wind-project-for-new-yorkOcean Newsnews@oceannews.com<p><img src="https://www.oceannews.com/images/webnews/2024/January/Orsted-Eversource-image1-1-ont-news.jpg" /></p><p>Joint venture partners Ørsted and Eversource submitted a new proposal for Sunrise Wind in response to New York’s latest offshore wind solicitation, re-bidding an updated project that, if selected, would fulfill its promise to deliver substantial economic benefits across New York and play a critical role in advancing the state’s climate goals.</p>
<p><img src="https://www.oceannews.com/images/webnews/2024/January/Orsted-Eversource-image1-1-ont-news.jpg" /></p><p>Joint venture partners Ørsted and Eversource submitted a new proposal for Sunrise Wind in response to New York’s latest offshore wind solicitation, re-bidding an updated project that, if selected, would fulfill its promise to deliver substantial economic benefits across New York and play a critical role in advancing the state’s climate goals.</p>