Energy

TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project).

Offshore energy supply chain company, Balmoral, has adapted and transitioned a number of its proven buoyancy and protection solutions for use in the fixed and floating offshore wind sector.

Revolution Wind has announced receipt of its Record of Decision (ROD) from the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM), successfully reaching a major milestone in the federal environmental review process for the offshore wind project serving Rhode Island and Connecticut.

TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its equity in Ichthys LNG, while INPEX will acquire the remaining 74% and assume operatorship.

Offshore wind projects taking place in macrotidal environments, such as around the UK, must deal with water level changes of more than four meters every six hours. This extreme tidal range is difficult to compensate for using ballasting, so projects that require load-in or load-out of large jackets are delayed when waters are too high or low, leaving the installation vessel waiting.

Minister of Industry, Business and Financial affairs, Morten Bødskov visited HySynergy to discuss green fuels and the next big export adventure, hydrogen.

Three companies have been offered exploration licenses for CO2 storage in one area in the North Sea. The companies are Sval Energi AS, Storegga Norwary and Neptune Energy Norway.

The Windstaller Alliance has successfully completed the installation of the DemoSATH floating offshore wind turbine project located offshore Spain. All three alliance partners – Aker Solutions, DeepOcean and Solstad Offshore – were involved.  

Mainstream Renewable Power (“Mainstream”), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm (“Arven”) to 2.3 GW.

Equinor has made a new discovery in the Troll/Fram area in the northern North Sea. This is the ninth successful well in this area in 12 attempts since 2019.

ExxonMobil Exploration and Production Malaysia, a subsidiary of the US oil major ExxonMobil, has handed out a contract for a hydraulic workover unit and services to Malaysia’s Velesto.

Baker Hughes and Marine Power Systems (MPS) have set up a partnership to work together on delivering integrated solutions for the electrification of oil & gas facilities and their supporting subsea systems.