Wind Energy – Crisis
South Korea’s offshore wind sector is facing a crisis as major developers abandon massive projects like the 2.37 GW Chuja Island site due to soaring costs.
[Read more…] about South Korea’s offshore wind sector is facing crisisAzule Energy announces oil discovery offshore Angola
Fossil Energy – Oil Discovery
Azule Energy has reported a new oil discovery made in the Algaita‑01 exploration well, located in Block 15/06 in the offshore Lower Congo Basin, Angola.
[Read more…] about Azule Energy announces oil discovery offshore AngolaAkita OWP moves forward despite rising costs
Wind Energy – Japan
Japan’s largest power generator has officially broken ground on a major offshore wind development in northern Japan, pressing ahead despite mounting cost pressures that have unsettled the country’s renewable energy sector.
[Read more…] about Akita OWP moves forward despite rising costsBOEM announces big beautiful Gulf 3 auction for August 2026
General – USA
The US government is planning a new offshore oil and gas lease sale in the Gulf of Mexico for the third quarter of 2026.
[Read more…] about BOEM announces big beautiful Gulf 3 auction for August 2026OneSubsea gets Gullfaks subsea compression upgrade
General – EPC Contract
OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has been awarded an engineering, procurement and construction (EPC) contract by Equinor to upgrade the subsea compression system at the Gullfaks field in the Norwegian North Sea.
[Read more…] about OneSubsea gets Gullfaks subsea compression upgradeInter-array cable installation at East Anglia Three OWF
Wind Energy – Inter Array Cables
Inter-array cable installation is now in full progress at the East Anglia Three offshore wind farm, marking another significant milestone in the delivery of one of the UK’s largest renewable energy projects.
[Read more…] about Inter-array cable installation at East Anglia Three OWFValaris drillships get extensions in Angola
Fossil Energy – Drilling
Valaris has secured contract extensions for its 12,000-ft drillships Valaris DS-7 and Valaris DS-9 offshore Angola.
[Read more…] about Valaris drillships get extensions in AngolaOffshore construction commences on Bałtyk 2 & Bałtyk 3 OWFs
Wind Energy – Baltyk
Offshore construction has officially begun on the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, jointly developed by Equinor and Polenergia.
[Read more…] about Offshore construction commences on Bałtyk 2 & Bałtyk 3 OWFsEni makes its second-largest discovery in Côte d’Ivoire
Fossil Energy – Discovery
Eni has made a gas and condensate discovery in Côte d’Ivoire, after drilling Murene South-1X, the first exploration well in Block CI-501.
[Read more…] about Eni makes its second-largest discovery in Côte d’IvoireNew York ends fifth wind solicitation without contract awards
Wind Energy – NYSERDA
The New York State Energy Research and Development Authority (NYSERDA) has formally concluded its fifth competitive offshore wind solicitation (ORECRFP24-1) without making any final awards.
[Read more…] about New York ends fifth wind solicitation without contract awards