UK-based company Global OTEC has signed what’s said to be the world’s first deal to develop a power purchase agreement (PPA) for a 1.5MW floating ocean thermal energy conversion (OTEC) platform offshore São Tomé island.
The post Global OTEC agrees powe…
Global OTEC agrees power purchase deal for floating OTEC plant offshore Africa Read More »
Hydro Drilling will deploy Nabors’ technologies and services in Europe and Africa to improve hydrocarbon production and curb emissions.
The post Italian contractor to bring Nabors’ suite of tech options to Europe and Africa appeared first on Offshore E…
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Borr Drilling is still engaged in talks with creditors to find a financing solution to extend its 2023 debt maturities and refinance.
The post Borr needs more time to put in place financing solution appeared first on Offshore Energy.
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Dutch geo-data specialist Fugro has contracted compatriot offshore lifting equipment provider KenzFigee for the […]
The post KenzFigee delivers offshore launch and recovery system to Fugro appeared first on Offshore Energy.
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Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally
The post In focus: Offshore industry forms de…