Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Subsea 7 awarded contract offshore Norway

Fossil Energy – Fram Sør

Subsea 7 announced the award of a contract by Equinor for a front-end engineering and design (FEED) study with EPCI1 option for the Fram Sør development project, offshore Norway.

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Saipem has been awarded offshore contract by Shell

Fossil Energy – Bonga North

Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company for the Bonga North Project.

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KOWEPO teams up with RWE for 495 MW OWF project in South Korea

Wind Energy – South Korea

On November 14, Korea Western Power (KOWEPO) and RWE Offshore Wind signed a MoU to develop the 495 MW Taean Seohae Offshore Wind Farm Project jointly.

Image: RWE.

The wind farm is planned to be built about 45 kilometers off the coast of Taean, South Korea.

Before this, in March, RWE successfully secured an Electricity Business License (EBL) for the project, the German energy company’s first EBL in South Korea.

SBM Offshore awarded contracts for the GranMorgu field development

Fossil Energy – Suriname

SBM Offshore has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname.

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Equinor strengthens its position in the Norwegian Sea

Fossil Energy – Halten East

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.

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bp and SOCAR sign MOU on two blocks in Caspian Sea

Fossil Energy – Azerbaijan

On September 20 bp and SOCAR (The State Oil Company of Azerbaijan Republic) signed a memorandum of understanding (MOU) in Baku announcing bp’s intention to join agreements on two exploration and development blocks in the Azerbaijan sector of the Caspian Sea.

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DOE and PPA strengthen partnership for OSW development

Wind Energy – Philippines

The Department of Energy (DOE) and the Philippine Ports Authority (PPA) will be working hand in hand to accelerate the development of the country’s offshore wind (OSW) energy projects through the strategic repurposing and modernization of port infrastructure.

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