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Offshore Gas Platform to Help Develop Offshore Wind Projects in New Zealand

Aug 23, 2022

Oil and gas company Beach Energy has agreed for Doppler Light Detection and Ranging system (LiDAR) on its Kupe platform, offshore South Taranaki, New Zealand, which will provide data needed for the development of offshore wind farms in the region.An agreement for this was signed between BlueFloat Energy, Energy Estate and Elemental Group consortium, Beach Energy New Zealand (Beach), and other offshore wind developers…

Jadestone Energy's Montara Field Offshore Australia to Resume Production Soon

Mar 16, 2023

Asia-pacific focused oil and gas company Jadestone Energy expects to resume production from its Montara field offshore W. Australia in approximately one week.The company shut down production from the Montara Venture FPSO in 2022, first to allow…

Japan's TEPCO to Buy Scottish Floating Wind Firm Flotation Energy

Nov 02, 2022

Japan’s electricity utility Tokyo Electric Power Company (TEPCO) is set to acquire the Scottish floating wind specialist Flotation Energy. This is TEPCO's first investment in overseas wind power.Floation Energy founders Allan MacAskill and Lord Nicol Stephen developed Kincardine…

MMA Offshore to Support Beach Energy Operations in Bass Strait, Australia

Oct 10, 2022

Australian offshore vessel owner MMA Offshore has secured a vessel contract with the oil and gas company Beach Energy.The MMA Coral will provide vessel support to Beach Energy’s two production platforms located in the Bass Strait, offshore Australia…

Will the Future be Walls or Bridges? Equinor Releases "Energy Perpectives 2022"

Sep 19, 2022

Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition.With inflation raging, geopolitical disruption and resultant energy security concerts…

Danish Firm Wants to Build 3GW Offshore Wind Farm in Australia

Aug 12, 2022

Denmark-based renewables company Copenhagen Energy has released details of a proposed offshore wind farm in Commonwealth and State waters north of Geraldton in Western Australia.The Midwest Offshore Wind Farm will comprise up to 200 turbines…

Global Energy Consumption Topped Pre-pandemic Levels in 2021, says BP

Jun 28, 2022

Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP.Oil demand last year was 3…

BlueFloat Energy and Energy Estate to Build 1.15GW Offshore Wind Farm in Australia

Jun 23, 2022

BlueFloat Energy and Energy Estate partnership on Thursday announced its latest offshore wind development in Australia – the 1.155 GW Southern Winds offshore wind project.Southern Winds will use bottom-fixed technology and will be located 10…

Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report

Jun 16, 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict…

Technip Energies Lands FEED Contract with Equinor for Floating Wind Project in S. Korea

Apr 04, 2022

Norwegian energy company Equinor has hired Technip Energies to carry out a Front-End Engineering Design (FEED) for the offshore floating wind Firefly project, located 70 kilometers offshore the East Coast of South Korea.The FEED contract covers the engineering…

Floating “Power Island” - Twenty20 Energy Systems' IPO Planned for 2Q

Feb 14, 2022

Asia Pacific Energy Ventures said Monday it would carve out subsidiary Twenty20 Energy Systems with plans to take it public on the Nasdaq in the second quarter of 2022.Based in Singapore, Twenty20 Energy was formed in 2014 as a subsidiary of APEV…

Sapura Energy Terminates Offshore Wind Installation Deal in Taiwan

Feb 07, 2022

Malaysian company Sapura Energy has issued a termination notice to Yunneng Wind Power in relation to a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan, over an alleged breach of contract…

Australia: Pilot Energy, Triangle Energy Terminate Proposed Farm-out and Cliff Head Solar, Wind JV

Feb 02, 2022

ASX-listed oil and gas company Pilot Energy Limited said Tuesday its proposed agreements with Triangle Energy to farm out a part of a block off W. Australia and create a solar and wind joint venture would not go ahead as the Australian regulators have refused to grant the necessary approvals…

Shipping Firm MOL Teams Up with Flotation Energy to Build Floating Wind Farms in Japan

Dec 03, 2021

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio…

Australia: Flotation Energy Gets $2.3M from Victorian Gov't for Seadragon Offshore Wind Farm

Nov 24, 2021

Flotation Energy has secured $2.3 million in Australia from the Victorian Government Energy Innovation Fund for its planned 1.5 GW Seadragon offshore wind farm in Gippsland, Victoria. The proposed 1.5GW bottom fixed Seadragon offshore wind project…

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