Bg Group News


Correll Group Rebrands to SPIE Wind Connect

Feb 28, 2025

SPIE Global Services Energy, a subsidiary of SPIE, has announced that its wind power high voltage specialized entity Correll Group has changed its name to SPIE Wind Connect.The name change follows the acquisition of Correll Group by SPIE in 2024…

Environmental Groups File Lawsuit to Block Trump’s Offshore Drilling Plans

Feb 20, 2025

Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans’ efforts to boost fossil fuel production…

Chevron-Led Group, Egypt’s EGAS In Talks for Gas Export Offshore Cyprus

Feb 18, 2025

Chevron-led consortium, in charge of the development of Aphrodite field offshore Cyprus, has signed a non-binding memorandum of understanding (MoU) with the Egyptian national gas company EGAS for the export of gas from the field to Egypt.The MoU was signed by Chevron-led consortium…

Cyprus Approves Updated Plan for Aphrodite Gas Field Development

Feb 17, 2025

The Cypriot government has approved the updated plan for the Aphrodite gas field, filed by Chevron-led consortium, which will see the construction of a floating production unit (FPU) and a pipeline for exporting gas to Egypt.Following Cypriot government’s approval of the plan…

Strategic Marine to Build Survey Vessel for Odyssey Group

Feb 10, 2025

Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel, which will operated offshore Australia.Under the terms of the agreement, Strategic Marine will construct the advanced…

Masdar’s Terna Energy and Motor Oil to Develop Greece’s First OW Farm

Jan 28, 2025

Terna Energy, a subsidiary of Masdar Group, has teamed up with Motor Oil for the development of first offshore wind farm in Greece.The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE)…

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Jan 09, 2025

Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…

AES Acquires CWind from Inspirit Capital

Jan 08, 2025

All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…

Shell to Seek Suriname’s Approval for Four-Well Offshore Drilling Plan

Dec 18, 2024

BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday…

TotalEnergies Set for $2B Acquisition of Renewables Developer VSB

Dec 03, 2024

French oil major TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday.TotalEnergies and Partners Group declined to comment…

Axess Group Secures More Work Offshore Norway

Nov 27, 2024

Norway-based Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company, to continue to provide its services offshore Norway.The extension will enable Axess to continue delivering services to seven platforms in Norway…

Mooreast Appoints Ellingsen as CEO

Nov 25, 2024

Mooreast Holdings Ltd. announced today it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer (“CEO”) amid growing adoption of floating wind energy projects worldwide…

DOF Group Completes Acquisition of Maersk Supply Service

Nov 01, 2024

Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider…

Ignitis Group Seeks Partner for Lithuania’s 700MW Offshore Wind Tender

Oct 15, 2024

Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments…

Esgian Week 40 Report: TotalEnergies Sanctions New Development

Oct 06, 2024

Esgian highlights news from TotalEnergies in its Week 40 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Aker BP consent to use the 492-ft jackup Noble Invincible…

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