OX2 and Ingka Investments, the investment arm of Ingka Group, have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to construct the offshore energy hub Neptunus off the coast of Blekinge, in the south of Sweden…
Talos Energy has executed definitive agreements to acquire QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields, for $1.29 billion.The acquisition will boost Talos’…
Germany’s United Heavy Transport (UHT) and Korea’s Dongbang Transport Logistics have joined forces in a new strategic alliance combining their expertise in heavy lift vessels and transport.UHT and Dongbang Transport Logistics signed a memorandum of understanding (MOU)…
BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.The deal, which includes $3 billion in cash and 12 million BlackRock shares…
The Environmental Impact Assessment (EIA) procedure has begun for Odra Energia, the proposed 1.3 GW floating offshore wind project that the partnership between Renantis and BlueFloat Energy plans to develop off the southern coast of the province of Lecce in Italy…
QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed…
The first of two methanol-ready newbuild Construction Service Operation Vessels (CSOVs) for the Norwegian shipowner Olympic has arrived at the outfitting yard of Ulstein Verft in Norway.The contract between Olympic and Ulstein was signed in…
Norwegian company ABL and Aberdeen-based health and safety consultancy Integrity HSE have formed strategic partnership to reinforce their rig inspection services.ABL’s rig inspection service offering will be enhanced with Integrity HSE’s tailored…
Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision (FID) to develop the Winterfell discovery in the Gulf of Mexico, with the first oil expected in the second quart of 2024.The Winterfell discovery…
Norwegian ship designer and builder Vard has confirmed the Danish subsea cable company NKT is behind the order for the construction of the new cable laying vessel.The contract, valued between $218-270 million (€200-250 million), was signed mid December 2023 by Vard and NKT HV Cables…
Constellation and HMH have signed integrated maintenance support contract for the Blowout Preventers (BOPs) of the semi-submersible drilling platforms Alpha Star, Gold Star and Lone Star.The Contractual Services Agreement (CSA) will last for five years…
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work…
The Brazilian administrative authority has suspended Italy's Saipem and its subsidiary Saipem do Brasil from contracting with the country's public administration for two years, the engineering and construction group said on Friday.The decision…
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) Program, supported by the U.S. Department of Energy (DOE), has selected 10 projects to share $1.3 million for marine energy-related research.The projects have been selected…
Dutch company Enersea has designed a new walk-to-work system for Ampelmann, said to be especially suitable for offshore wind market.The newly-designed W-type is an electric gangway system developed for the Service Operation Vessel (SOV) market…