Abu Dhabi Future Energy Company (Masdar) and Iberdrola have agreed to co-invest $6.08 billion in the 1.4 GW East Anglia THREE offshore wind farm in the U.K., in what’s said to be the largest offshore wind transaction of the decade.Under the agreement…
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14…
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…
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…
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…
China has begun construction of a new structure in waters between China and Japan in the disputed East China Sea, the Japanese foreign ministry said on Tuesday, adding it has lodged a protest with China.The ministry said in a statement 'it is…
Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday.Prio forecasts production to exceed 200,000 barrels per day (bpd) next year…
Japan’s ENEOS Xplora, through its subsidiary ENEOS Xplora Malaysia, has signed an extension of production sharing contract (PSC) with Petronas for a block located off the coast of Sarawak in Malaysia.The PSC extension is for the block SK10 and will run for ten years…
EEW Special Pipe Constructions (EEW SPC) has loaded out the last three monopiles for RWE’s 1.4 GW Sofia offshore wind farm, being built off the U.K.’s North East coast.The total of 100 monopiles, with weights of 1,143 to 1,521 tons and lengths of up to 91…
Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the Central North Sea for Anasuria Operating Company (AOC).Executed from the Island Valiant vessel, the operation was carried out on behalf of Anasuria Operating Company (AOC)…
Baker Hughes, an energy technology company, has secured a contract from Equinor to provide its plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf.Baker Hughes’ Mature Assets Solutions team will lead the integrated P&A campaign planning phase…
EnQuest provided an operations update ahead of its annual general meeting highlighting its growing footprint in South East Asia.The group announced several key growth initiatives across South East Asia in recent months, including the award of the DEWA PSC…
International energy consultancy Penspen has underlined its long-term commitment to the north-east of Scotland by opening a new office in Aberdeen. The move to Balmoral Business Park in Altens marks a milestone in the company’s regional growth…
Ocean services provider DeepOcean has acquired Shelf Subsea, creating a ‘global subsea services player’ with an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.DeepOcean has acquired 100% of the shares in Shelf Subsea…
Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum…