Energy

Oceantic Network, in partnership with SeaAhead, announces the participants of Startup Alley at 2024 IPF, which provides a platform for the most innovative startups in the offshore wind and ocean renewables industries to pitch their ideas. This year, ten start-up companies whose technologies and products serve ocean renewable development will present at the Network’s annual International Partnering Forum (IPF), taking place in New Orleans April 22-25 (IPF Week).

New York State Energy Research and Development Authority (NYSERDA) announced Equinor’s Empire Wind 1 project one of the conditional winners in its fourth offshore wind solicitation round.

Wintershall Dea and its partners, Petoro, Aker BP, and PGNIG, have successfully completed an appraisal well on the Adriana gas and condensate discovery in the Norwegian Sea. They are now evaluating potential development options.

Odfjell Oceanwind, together with the leading automation and manufacturing expert Prodtex, have established a joint venture to address what is expected to become one of the biggest bottlenecks in scaling the floating offshore wind industry: low cost and high-capacity manufacturing of foundations for floating wind turbines. The joint venture is created to establish the production capacity necessary to meet the need for hundreds of floating wind foundations per year in Europa alone and is looking to have its first facility operational by 2027. Recently, the industry veteran Geir Bjørkeli, former CEO of Corvus Energy, has been appointed to head up the venture.

Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea.

The Norwegian authorities have given Conoco Phillips consent to start up Eldfisk nord in the North Sea.

Seven European partners, including offshore renewable energy and Earth Observation specialists, have teamed up for the BLUE-X project. Together, they will develop a satellite-based decision support tool to accelerate offshore renewable energy deployments.

The authorities have consented to start-up of production on the Hanz accumulation on the Ivar Aasen field in the North Sea.

QatarEnergy has announced that it is proceeding with a new LNG expansion project, the “North Field West” project, to further raise the State of Qatar’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade, representing an increase of almost 85% from current production levels.

CorPower Ocean’s C4 Wave Energy Converter (WEC) has completed the first cycle of the ocean commissioning program at the Aguçadoura site in northern Portugal.

Helix Energy Solutions Group, Inc. has secured a deepwater well intervention contract award by Esso Exploration and Production Nigeria (Deepwater) Ltd.(“Esso”). The project, located offshore Nigeria in the Erha and Usan fields, is expected to commence in September 2024 with the vessel expected to be in Nigeria into 2025. The fields are located approximately 97 km offshore of Nigeria in water depths ranging from 700 m to 1,500 m.

The platform ship Marechal Duque de Caxias left on February 24, 2024, from Yantai, China, heading to the Mero field, operated by Petrobras, in the pre-salt of the Santos Basin. The platform will come into operation from September this year and has the capacity to produce up to 180 thousand barrels of oil and compress up to 12 million cubic meters of gas, daily.