Consortium aims to develop floating wind farm offshore South Korea

WindPower Korea, EDP Renewables, and Aker Solutions have formed a consortium with the ambition to develop an initial 500-MW floating wind farm offshore Ulsan, South Korea.   The consortium was formed as EDP Renewables and Aker Solutions have invested in the development company Korea Floating…

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Somalia announces 15 new offshore licences on offer

Rich in hydrocarbons and possessing a favourable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market, said the country’s Minister of Petroleum and Mineral Resources, Honorable Abdirashid Mohamed Ahmed at the Africa Oil & Power conference.   “Nowhere is…

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Colorado Cracks Down on Oil, Gas Drilling Near Homes

It wasn’t so long ago that Coloradans voted against a bid to block oil and gas development near homes.   The state — one of the nation’s top crude-producing regions — is cracking down anyway.   Companies planning to drill wells within 2,000 feet (610…

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AGS wraps up ‘world’s largest OBN survey’ off Norway

Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has completed what it says was the world’s largest OBN multi-client survey in the North Sea, offshore Norway.   AGS said on the 17th October that the Utsira multi-client ocean-bottom node (OBN) survey was…

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Operations begin at Panamanian LNG hub

AES Corporation has released a statement announcing the start of operations of the first LNG hub in Panama and Central America, located at the AES Colón plant.   AES Colón consists of a 180 000 m3 LNG tank and a 381 MW combined cycle power…

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Woodside eyes Pyxis subsea gas hub offshore Western Australia

Woodside Energy has issued updates on various development projects offshore Western Australia and Senegal.   The company has taken a final investment decision (FID) for the Pyxis Hub project, a subsea tieback of the Pyxis, Pluto North and Xena 2 infill wells, and has awarded…

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Presenting The Future Of Water Technology

As the world faces increased environmental pressures due to climate change, it’s time to think differently about water: how we use it, treat it and release it back into our environment.   Although it’s not something many people know or think much about, waste-water is…

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Vaalco encounters oil in Gabon appraisal well

Houston-based Vaalco Energy has encountered oil sands in its Etame appraisal well located offshore Gabon.   Vaalco announced in late August that it would start its drilling campaign offshore Gabon in September, using the Vantage-owned Topaz Driller jack-up rig.   The company plans to drill…

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