Energy

As part of its integrated development in electricity, TotalEnergies has signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden.

Omexom Renewable Energies Offshore is supporting the WATERKANT offshore wind farm in the North Sea with its technical expertise. The team from the business unit Offshore Projects was recently awarded the contract by Luxcara, a sustainable energy infrastructure asset manager, for the technical planning and coordination of the WATERKANT offshore wind farm. The wind farm will be built approximately 90 kilometers off the island of Borkum and will provide a total capacity of 270+ MW. Operations are scheduled to commence in 2028.

Global energy consultancy Xodus has partnered with Scottish sustainability consultancy Glic to maximize the social benefits of future offshore wind farms.

Neptune Energy has been awarded four new licenses, three as operator, in the Awards in Predefined Areas (APA) 2023, announced by the Norwegian Ministry of Energy.

Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise within offshore wind to develop energy island projects globally and is currently developing a portfolio of around 10 energy island projects around the North Sea, the Baltic Sea and in South-East Asia.

Wintershall Dea has been awarded 13 exploration licenses by the Norwegian Ministry of Energy in the 2023 Award in Predefined Areas (APA) – five licenses as operator, and eight as partner.

The Environmental Impact Assessment (EIA) procedure has begun for Odra Energia, the floating offshore wind project that the partnership between Renantis and BlueFloat Energy plans to develop off the southern coast of the province of Lecce, Italy.

HydroWing is designed to be a cost-effective and scalable solution to tidal stream energy generation and was the largest tidal stream project in Wales to be successful in the UK government’s latest Contracts for Difference round, having been awarded a 10MW project at the Morlais tidal energy site in Anglesey.

FutureOn, a global energy software company, and Rystad Energy, a pioneer in energy cost estimation, have launched a collaborative digital tool which integrates up-to-date cost estimation with live project data for energy developments.

Equinor was awarded 39 new production licenses by the Ministry of Energy in this year's Awards in Predefined Areas (APA).

Talos Energy Inc. (NYSE: TALO) has announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. ("QuarterNorth") for $1.29 billion (the "Transaction"). QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields.

McDermott has been awarded an offshore contract from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) for the Kasawari Carbon Capture and Storage (CCS) project, located offshore Sarawak in East Malaysia.