Norway-based company Deep Wind Offshore has secured the Electricity Business License (EBL) for the Admiral Lee offshore wind project in South Korea.The approval marks a major step forward for the 345 MW offshore wind project and highlights the…
Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…
The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company…
Brazil plans to hold an additional oil auction this year for uncontracted areas in the pre-salt offshore region after Senate approval of legislation that clears the way for the sale, a senior energy official said on Wednesday.The government…
Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…
Iberdrola has awarded Semco Maritime two three-year offshore service contracts, with options for extension, on the above-water scheduled and unscheduled maintenance of electro-mechanical equipment at two offshore substations in the Baltic Hub…
Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while…
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…
Energy solutions business OEG has signed a significant multi-million-dollar contract to support the construction phase of the Inch Cape offshore wind farm in Scotland, being developed by ESB and Red Rock Renewables.Over 100 OEG personnel will support the delivery of this contract…
AGR has been awarded a frame agreement to deliver annual independent reserves evaluation and competent person report to Oslo-listed OKEA, a mid- and late-life operator on the Norwegian continental shelf (NCS).Under the frame agreement, AGR will…
Norwegian seismic firm TGS has secured a contract for offshore wind site characterization, including acquisition, imaging and interpretation services offshore Norway.Ramform Vanguard vessel will start acquisition in early July, with a duration of approximately 25 days…
Ocean Winds (OW), a 50-50 joint venture by EDP Renewables and ENGIE, has installed the offshore electrical substation for the Dieppe – Le Tréport offshore wind farm (EMDT), a project developed in consortium with Sumitomo Corporation and Banque des Territoires…
Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.The offtake agreement…
Danish offshore wind installation firm Cadeler has received a notice of termination for its wind turbine installation vessel (WTIV) from Ørsted which was booked for work for the now discontinued 2.4 GW Hornsea 4 offshore wind farm in United Kingdom…