Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe).Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2…
Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP.With the agreement, Galp expands its presence offshore São Tomé and Príncipe…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
France's first floating wind farm, the 25 MW Provence Grand Large, located in the Gulf of Fos in the Mediterranean Sea, has officially been inaugurated.The wind farm has been developed by the EDF Group, through its subsidiary EDF Renewables…
Eiffage, through Smulders, has been awarded a contract by RTE, France’s transmission system operator, to develop and build three alternating current substations for the Bretagne Sud, Narbonnaise Sud-Hérault and Golfe de Fos French offshore wind farms…
The European Investment Bank (EIB) has provided $293.4 million (€250 million) in financing to French cable maker and services provider Nexans to support its research, development and innovation programs for 2024-2029, together with some industrial investments…
The consortium formed by TotalEnergies and RWE has won the Centre Manche 2 (AO8) offshore wind tender to develop 1.5 GW project off the coast of Normandy. However, RWE has expressed its wish to exit the consortium, while TotalEnergies remains committed to pursue the project…
Portugal’s Galp, Brazil’s Petrobras, U.K.’s Shell and Agência Nacional do Petroléo de São Tomé e Principé (ANP-STP) have formed a joint venture focused on early-stage exploration block offshore the African country.Galp has reached a farm-in agreement with KE STP Company…
Offshore vessel operator Astro Offshore, an Adani Group company, has acquired five offshore vessels en bloc, raising its fleet size to 49 ships and strengthening its presence in West Africa.The deal includes four platform supply vessels (PSVs)…
Eoliennes en Mer Dieppe Le Tréport (EMDT), a joint venture Ocean Winds, Sumitomo Corporation, and Banque des Territoires, has installed the first wind turbine foundation for the 496 MW offshore wind farm, being built in Normandy.The 496 MW offshore wind farm is located 17 km off Dieppe and 15…
DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). The operating profit (EBIT) is USD 150 million (USD 111 million). Net financial gain…
Four jacket foundations have departed from Navantia Seanergies’ facilities in Fene, Spain, towards the 496 MW Dieppe Le Tréport offshore wind farm being built in France.Each of these 1,200-tonne structures is part of an offshore wind farm developed by Les Éoliennes en Mer…
BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 years.BP drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 nautical miles) from Rio de Janeiro…
Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Réseau de Transport d’Électricité (RTE) for installation of the grid infrastructure at France’s A03 Dunkirk offshore wind farm…
Subsea Integration Alliance (SIA) partners Subsea7 and SLB OneSubsea have signed a contract with Equinor for the development of a concept study for the Phase 2 of the Bacalhau project, offshore Brazil.The contract, for which the details have not been disclosed…
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