Energy

Equinor and partners Vår Energi and Aker BP have struck oil in production license 554. Recoverable resources are estimated at between 1.3 and 3.6 million standard cubic meters of oil equivalent, corresponding to 8-23 million barrels of oil equivalent.

A Fugro-led consortium that includes AS Mosley and the University of Strathclyde has designed a mooring line fatigue tracker that safely and cost-effectively monitors offshore floating wind turbines, thanks to innovation funding from the Scottish Government.

In support of the Biden-Harris administration’s goal of installing 30 gigawatts of offshore wind energy by 2030, the Department of the Interior has announced  a proposed sale for offshore wind development on the Outer Continental Shelf (OCS) in the New York Bight – an area of shallow waters between Long Island and the New Jersey coast.

Wison Offshore & Marine Co., Ltd. (“WOM") has announced official completion of its semi- submersible foundation platform for the Three Gorges Guangdong Floating Offshore Wind Power Project developed by China Three Gorges (“CTG”).

North Carolina Governor Roy Cooper has issued an executive order calling for the development of 2.8 GW of offshore wind power by 2030, and 8 GW by 2040. Governor Cooper’s executive order builds on a 2018 order to transition the state to clean energy and a 2021 report highlighting how North Carolina could capture economic benefits from the estimated $100 billion U.S. offshore wind market if it took steps to embrace the industry. With today’s announcement, U.S. states commitments to offshore wind power generation total 40 GW, stretching from the Carolinas to the Gulf of Maine.

The Business Network for Offshore Wind’s 2021 International Offshore Wind Partnering Forum (IPF) will hold its final IPF Virtual event on June 17 focused on safety for a growing offshore wind energy workforce – a critical focus as the industry moves forward.

PowerChina Huadong Engineering Co. Ltd. has appointed AqualisBraemar LOC as marine warranty surveyor on phases 2 and 3 on the Binh Dai Wind Farm Development offshore Vietnam.

Ørsted joins consortium with Fred. Olsen Renewables and Hafslund Eco establishing a long-term partnership to develop offshore wind in Norway and to compete in Norway's upcoming application round for offshore wind areas.

Talos Energy Inc. has formed an exclusive joint venture with Storegga Geotechnologies Limited ("Storegga" and collectively, the "Partners") to source, evaluate and develop carbon capture and storage ("CCS") project opportunities on the United States Gulf Coast and Gulf of Mexico ("GOM"), including state and federal waters offshore Texas, Louisiana, Mississippi and Alabama. The Partners are actively exploring opportunities with counterparties along the CCS value chain.

The Department of the Interior announces its intent to assess potential opportunities to advance clean energy development on the Gulf of Mexico Outer Continental Shelf (OCS). This significant milestone is part of the Biden-Harris administration’s goal to create thousands of jobs through the deployment of 30 gigawatts (GW) of offshore wind by 2030.

Decom North Sea (DNS) has collaborated with academics at Edinburgh Business School Heriot-Watt University to publish a report investigating the prevalence of reuse and a circular economy within decommissioning and recovery of offshore platforms based on the UKCS.

The Business Network for Offshore Wind today published its Offshore Wind Policy Brief: The U.S. Opportunity in Floating Offshore Wind.