Danish offshore wind turbine maker Vestas said Thursday it had entered into a conditional agreement to deliver wind turbines for the offshore wind power project Baltic Power in Poland with a capacity of up to 1.2 GW.'If and when the agreement translates into a firm and unconditional order…
Utilities RWE, Vattenfall, and development firm Waterkant Energy have been awarded four offshore wind sites in the North Sea in a tender worth 784 million euros ($864.75 million), the German energy regulator said on Thursday.The companies secured rights to the areas suited to housing 1…
Italian energy industry services firm Saipem has won two new contracts, the first by Eni Congo and the other by BP, for a total value of around $700 million.The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo…
Asia Pacific-focused Jadestone Energy, which last month shut down production from its Montara Venture FPSO off Western Australia due to an issue with the FPSO's 4S ballast water tank,is still working to address the defect in the tank.Jadestone Energy said Thursday that since the shutdown…
The German Federal Network Agency today announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE plans to develop, build, and operate two wind farms with a total capacity of 900 megawatts (MW)…
Oil company Tullow Oil agreed to sell its total interest in Tullow Guyana, which includes the Orinduik license (Tullow 60% operated equity) in Guyana to Eco Atlantic's subsidiary Eco Guyana Oil and Gas (Barbados) Limited in exchange for a combination of upfront cash and contingent consideration…
UK-based oil firm Harbour Energy said Thursday it would sell its business in Vietnam to Big Energy Joint Stock Company for a consideration of $84 million. Harbour Energy's Vietnam business includes a 53.125 percent interest in the Chim Sao and Dua producing fields in Block 12W…
Oil and gas producer Occidental Petroleum said on Wednesday it had appointed company veteran Sunil Mathew as its new chief financial officer, a new executive in a span of three years. Occidental overtime has been shuffling its finance head quite frequently and it has been a bit of a revolving door…
Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. Production will be carried out at the Avilés facilities, with the…
Offshore accommodation rig provider Prosafe said Thursday that its Safe Concordia semi-submersible flotel had started a 330-day contract in the U.S. Gulf of Mexico.The contract is with 'a major operator' in the U.S. Gulf of Mexico, and it started on August 9…
The UK-based energy industry services firm EnerMech has been awarded a five-year £12 million contract by TotalEnergies EP Congo for crane and lifting maintenance at a new facility to be built at Pointe-Noire, the second largest city in Congo…
Dutch oil and gas services company SBM Offshore reported on Thursday half-year earnings before interest, tax, depreciation, and amortization (EBITDA) that missed consensus estimates and fell below the level seen a year earlier.The group, which supplies and operates floating production…
Italian offshore engineering and construction company Saipem has won a new contract with Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by the National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP)…
Swansea-based HST Marine, a Purus Wind company, is using Reygar’s BareFLEET technology to understand and report on the performance of its hybrid Crew Transfer Vessels (CTVs), and reduce emissions.The company currently has four hybrid CTVs in operation with three more soon to enter service…
Guyana and the Dominican Republic on Tuesday signed a memorandum of understanding to cooperate on recruiting companies to build a 50,000-barrel-per-day refinery in Guyana that would tap the country's oil wealth.Any project would be at least 51% owned by the Dominican Republic government…
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