Sapura Energy, a Malaysian integrated oil and gas services and solutions provider, said Wednesday its Engineering and Construction (E&C) and Drilling divisions have recently secured contracts with a combined value of about RM1.85 billion (around USD 457 million)…
Danish offshore wind farm developer Ørsted has teamed up with Polish PGE to develop two offshore wind farm projects in the Baltic Sea, off Poland.Ørsted and PGE will form a 50/50 joint venture which will work on the development, construction…
SSE Renewables and Total have announced that Global Energy Group's Port of Nigg near Inverness has been selected as turbine foundation marshaling port for their giant Seagreen offshore wind farm.The marshaling contract will support 141 skilled jobs at Global Energy Group’s Port of Nigg…
Japanese oil company Cosmo has been awarded exploration concession for Offshore Block 4 in Abu Dhabi, ADNOC, the Abu Dhabi national oil firm said.Under the agreement, Cosmo will own a 100 percent stake in the exploration phase, investing up to $145 million towards exploration and appraisal drilling…
Dutch-based ship repair and vessel services firm ROG is going independent as the company has reacquired a controlling 75% stake previously held by Royal IHC.The company, which provides services to the maritime and offshore industry through its ROG Ship Repair and Rotterdam Offshore units…
Malaysian oil firm Petronas and Thailand's PTTEP on Wednesday announced they'd made a large gas discovery at the Lang Lebah-2 well, offshore Sarawak, Malaysia.The well is located in Block SK410B, in the Central Luconia Province, about 80 kilometers off the coast of Sarawak…
Norway's Equinor has agreed to sell its assets in the U.S. Bakken shale oil province after a decade of multi-billion-dollar losses and criticism for poor investment decisions.Equinor will sell its entire Bakken acreage, located in the states of North Dakota and Montana to Grayson Mill Energy…
Danish wind turbine builder Vestas has introduced a giant 15 MW offshore wind turbine - V236-15.0 MW- joining GE's and Siemens' 'bigger is better' party.Vestas said the new turbine will have the world’s largest swept area exceeding 43,000 m2…
Vattenfall's Horns Rev 3, Denmark's largest offshore wind farm, has received a project certificate from certification firm DNV GL, proving a safe and cost-efficient operation of the offshore wind farm.The 412 MW Horns Rev 3 offshore wind farm…
Hungarian oil and gas company MOL has drilled a dry well in the North Sea, offshore Norway, the Norwegian Petroleum Directorate informed Wednesday.The exploration well 2/9-6 Sl was drilled on the west side of the Mandal High, about 9 kilometers…
U.S. Gulf of Mexico focused oil firm LLOG Exploration Offshore, and the Italian oil company Eni have signed an infrastructure agreement in the deepwater Gulf of Mexico, that will help LLOG develop its Taggart discovery.The agreement provides…
Oil firm Tullow has struck a deal to sell its assets in Equatorial Guinea and an offshore block stake in Gabon to Panoro for $180 million and will use the proceeds to reduce debt.Tullow said Tuesday that Panoro would acquire all of its assets in Equatorial Guinea and the Dussafu asset in Gabon…
Dutch heavy lift and transportation firm Jumbo has recently completed the transportation part of what is the company's largest-ever job - the Transportation and Installation contract for the Yunlin offshore wind farm in Taiwan.Jumbo said Tuesday it had mobilized its heavy lift vessels…
Two U.S.-based maritime & offshore services and logistics companies Crowley and Watco, are teaming up in the space of the emerging offshore wind industry in the country.In a statement on Tuesday, the two firms said they'd create a single-source…
SNC-Lavalin Group Inc said on Tuesday it would sell its oil and gas business to Kentech Corporate Holdings Ltd, an energy services company backed by private equity firm Blue Water Energy, and focus on its high-performing engineering services…