Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

McDermott signs 3-year extension for Aramco’s LTA

Fossil Energy – LTA Extension

McDermott has been awarded a three-year extension of its Long-Term Agreement (LTA) Framework by Aramco to support brownfield and greenfield developments on some of Saudi Arabia’s largest offshore assets.

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Salamander OWF secures critical onshore consent milestone 

Wind Energy – Floating Wind

Salamander Offshore Wind Farm has been awarded Planning Permission in Principle for the onshore aspects of its proposed floating development, located 35 km off Peterhead on the East Coast of Scotland.

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Deep Wind Offshore and KHNP enters partnership

Wind Energy – South Korea

Deep Wind Offshore has signed a partnership agreement with Korea Hydro and Nuclear Power (KHNP), the largest power producer in South Korea.

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Jadestone Energy submits plan to develop offshore gas fields in Vietnam

Fossil Energy – Vietnam

Singapore-based oil and gas development company Jadestone Energy has submitted a plan to state-controlled PetroVietnam to jointly develop two offshore gas fields in southwest Vietnam.

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Lhyfe and Masdar join forces to explore green hydrogen projects

General – Green Hydrogen

Lhyfe, a producer and supplier of green and renewable hydrogen, and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a Memorandum of Understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.

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