Energy

Inna Braverman, Founder and CEO of Eco Wave Power Global, submitted written testimony in support of California Senate Bill 605 – Wave and Tidal Energy –proposed by California State Senator Steve Padilla.

RWE, the world’s second largest offshore wind player, and maritime support provider Acta Marine have entered a long-term vessel supply agreement that paves the way for the decarbonization of offshore wind farm operations.

Established supplier to the oil and gas sector, Balmoral, has adapted and transitioned several of its proven buoyancy and protection solutions for use in the fixed and floating offshore wind sector.

ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 barrels of daily capacity after a targeted startup in 2026.

MacGregor, part of Cargotec, has extended its run of orders for walk-to-work gangway technology from Edda Wind, after receiving a contract to equip the 8th service vessel in succession for the Østensjø Group operation.

Operator Wintershall Dea and its partners Harbour Energy and Sapura OMV have made a significant oil discovery on the Kan exploration prospect in Block 30, located in shallow waters of the Cuenca Salina in the Sureste Basin, offshore Mexico.

TGS | 4C Offshore, a global energy data and intelligence provider, has announced the introduction of offshore wind regulatory 'cheat sheets' alongside their industry-leading quarterly international wind market intelligence reports.

Vår Energi has entered into a collaboration with Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at Goliat. 

The Norwegian Petroleum Directorate (NPD) has started building large-scale regional aquifer models that can be updated on an annual basis.

The Bureau of Ocean Energy Management (BOEM) has announced the publication of its Gulf of Maine Call for Information and Nominations (Call). This Call invites public comment on, and assesses interest in, possible commercial wind energy development in areas offshore Massachusetts, New Hampshire and Maine. 

A broadly composed group in the Norwegian Petroleum Directorate has identified 20 areas on the Norwegian Continental Shelf that could be technically suitable for offshore wind, and where there are relatively few conflicts of interest.

Transocean Ltd.  and Eneti Inc. has announced the execution of a non-binding memorandum of understanding through their respective subsidiary companies indicating their intention to form a joint venture company that will engage in offshore wind foundation installation activities.