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Russia Says West Trying to Confuse the World over Nord Stream Culprits

Jun 07, 2023

The Russian embassy in the United States said on Wednesday that a report the United States knew of a Ukrainian plan to attack the Nord Stream natural gas pipelines was part of a coordinated Western attempt to confuse the world over the truth. The Washington Post reported on Tuesday, citing leaked information posted online that the CIA learned last June, through a European spy agency, that a six-person team of Ukrainian special operations forces intended to blow up the Russia-to-Germany project…

Japan and US Team Up to Cut Floating Wind Costs

Apr 12, 2024

Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden…

Shell Inks Deal with Eco Wave Power for US Wave Energy Pilot

Apr 12, 2024

Swedish-Israeli company Eco Wave Power has entered an agreement with Shell for the development of first-ever United States’ wave energy pilot station at AltaSea’s Premises in the Port of LA.Though Eco Wave Power did not specify the name of the ‘major energy company’ it made an agreement with…

Energy Major Picks Eco Wave Power for Feasibility Study in USA

Apr 08, 2024

Eco Wave Power has been selected by a major energy company to conduct a comprehensive feasibility study aimed at identifying the top locations for commercial onshore wave energy stations in the United States and across the globe.Per the terms of the agreement with the unnamed company…

TotalEnergies Gets Share of Bayou Bend CCS Project in United States

Mar 18, 2024

TotalEnergies has signed an agreement to acquire Talos Low Carbon Solutions (TLCS), securing 25% of its share in the Bayou Bend carbon capture and storage (CCS) project in the United States.After the completion of the transaction, TotalEnergies will own a 25% share in the Bayou Bend project…

Oil Prices Rise Over 2.5% After US-UK Strikes in Yemen

Jan 12, 2024

Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…

Oil Tanker Involved in US-Iran Dispute Boarded by Armed Guards Near Oman

Jan 11, 2024

An oil tanker caught up in a dispute last year between the United States and Iran was boarded by armed individuals off the coast of Oman on Thursday and appeared to have changed course towards Iran, according to UK maritime sources.The Marshall…

Oil Investors to Usher in 2024 Amid Oversupply, Demand Concerns

Dec 14, 2023

Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that could spark price volatility.Benchmark Brent has averaged around $80 a barrel this year, after a volatile…

Offshore Energy Production & the World Economy

Dec 12, 2023

As the price of gas continues to seemingly hold steady at around three dollars a gallon, the pocketbooks of Americans continue to suffer. Regretfully, due to global conflict and the outbreak of wars across Europe and the Middle East, oil prices are continuing to climb upwards…

Eco Wave Power to Set Up U.S. Office

Apr 18, 2023

Wave power technology firm Eco Wave Power Global said Tuesday it would launch a U.S. subsidiary under the name Eco Wave Power U.S. The company also plans to establish a corporate office in New York City.'Eco Wave Power’s decision reflects its…

GE and Siemens Gamesa Settle Offshore Wind Turbine Patent Dispute

Apr 05, 2023

General Electric Co has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy, the companies recently said.Terms of the settlement, which was described as amicable…

Mammoet Wins Contracts for Two 'large' Offshore Wind Projects in United States

Mar 28, 2023

Heavy lift and transport services firm Mammoet said Monday it had secured contracts for two large offshore wind projects for undisclosed clients in the United States, both of which begin in 2023. Together, the two contracts cover a range of port scopes…

Russia Fails at UN to Get Nord Stream Blast Inquiry

Mar 28, 2023

Russia failed on Monday to get the U.N. Security Council to ask for an independent inquiry into explosions in September on the Nord Stream gas pipelines connecting Russia and Germany that spewed gas into the Baltic Sea. Only Russia, China and Brazil voted in favor of the Russian-drafted text…

Sale of CNOOC's $3B UK Portfolio Halted

Jan 31, 2023

CNOOC Ltd, China's top offshore oil and gas producer, has halted a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion, Bloomberg News reported.Although initial offers failed to meet CNOOC's expectations for the business…

Boskalis Wins U.S. Offshore Wind Farm Installation Deal

Jan 16, 2023

Dutch marine services firm Boskalis has won a contract with an undisclosed client to construct a large offshore wind farm in the United States.Boskalis will transport and install the wind turbine foundations and power cables. The company said it would deploy two crane vessels…

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