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Ocean Energy Europe Names Co-Presidents, Directors

Apr 09, 2021

Marine renewable energy group Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. 'This pairing brings together both technology and project development perspectives…

Siemens Energy to Deliver Topside Modules for MISC-built FPSO

Mar 19, 2021

Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America.According to Siemens Energy, its topside modules 'will provide sustainable…

Minesto, Schneider Electric to Build "Ocean Energy Farms"

Mar 12, 2021

Tidal energy developer Minesto said Friday it had signed an agreement with Schneider Electric to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.The collaboration between Minesto and Schneider Electric…

BOEM Issues Lease for Wave Energy Research Project off Oregon

Feb 17, 2021

A pioneering project to build the U.S.’s first pre-permitted wave energy testing facility cleared a critical hurdle this week with a lease award from the Bureau of Ocean Energy Management (BOEM) to operate in federal waters about seven miles off the Oregon Coast…

Mocean to Test Blue X Wave Energy Converter at EMEC

Jan 29, 2021

Scotland-based wave energy technology company developer Mocean Energy is gearing up to deploy its scale prototype, Blue X wave energy converter at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Mocean Energy has signed a berth agreement to test at EMEC’s Scapa Flow test site…

DNV GL Merges Oil & Gas and Power & Renewables Arms to Create Energy Systems

Jan 26, 2021

DNV GL said Tuesday it would combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.The quality assurance and classification firm which, among others, provides advisory services to the power…

Karoon Takes Over Bauna Field from Petrobras

Nov 13, 2020

Australian oil and gas firm Karoon Energy has this week completed the acquisition of a 100% operating interest in the BM-S-40 offshore concession in Brazil from Petrobras.The offshore block in the Santos Basin contains the producing Baúna oil field and undeveloped Patola discovery…

NOV Energy Recovery System for Offshore Rigs Gets Corvus ESS

Nov 11, 2020

Corvus Energy, energy storage solutions provider for the offshore energy industry has been selected by National Oilwell Varco (NOV) to supply the Energy Storage System (ESS) to be used on an offshore drilling rig.Corvus will deliver its ESS…

Eni Joins Marine Renewables Group Ocean Energy Europe

Nov 03, 2020

Italian oil and gas giant Eni has joined marine renewable energy group Ocean Energy Europe (OEE), as lead partner. Vincenzo Michetti, Eni’s Head of Upstream R&D will represent the company on the OEE Board. As part of the industry body focused on the development of tidal and wave energy…

Brazil: Karoon Gets ANP Approval to Take Over Bauna Field

Oct 23, 2020

Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…

Westwood Hires Ex-Woodmac Man to Lead Energy Transition Business

Oct 16, 2020

Energy data and intelligence company Westwood Global Energy Group (Westwood) has appointed David Linden to the newly-created role of Head of Energy Transition. Based in London, Linden joins from Wood Mackenzie, where he was a Director within the company’s energy transition consulting division…

Karoon Aiming to Complete Bauna Field Buy This Month

Oct 06, 2020

Australian oil and gas company Karoon Energy expects to complete the acquisition of the Bauna offshore field from Petrobras by the end of the month.The company, which in July 2019 agreed to buy a 100% stake in the Baúna offshore oil field, in the southern Santos Basin…

Global Energy Transition Already Well Underway

Sep 11, 2020

Policymakers still tend to talk about the global energy transition in the future tense, as something that might or will happen in the next few decades, but the transition is already well underway and shows signs of accelerating.Global energy…

RCG, Æge Energy Launch Renewables Consultancy in Scandinavia

Jul 06, 2020

The Renewables Consulting Group Ltd (“RCG”) and Æge Energy AS have signed a memorandum of understanding for a business alliance to deliver renewable energy advisory services in the Nordic region covering both offshore and onshore renewables…

BP Review: Global Energy Consumption Rose by 1.3% in 2019

Jun 17, 2020

BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…

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