China's WuHu Shipyard has cut the first steel for an Orca series heavy lift vessel being built for an alliance between SAL Heavy Lift GmbH and Jumbo Shipping.Back in September 2022, SAL and Jumbo said they had signed building contracts for four…
Floating wind farm and technology developer BW Ideol has entered into exclusive negotiations with ADEME Investissement, a state-owned French financier of innovative infrastructure projects, for ADEME Investissement to invest €40 million in BW Ideol’s project development activities…
Ecuador will need to revise down its daily crude oil production target by some 40,000 barrels, equivalent to about 8%, its oil minister said, after state-run company, Petroecuador declared force majeure on three more oil blocks on Tuesday because of protests…
Japan's top utility JERA has agreed to buy Belgium-based offshore wind energy producer Parkwind for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonization goals.JERA, a joint venture between Tokyo Electric…
Venezuelan President Nicolas Maduro on Tuesday named the head of state oil company PDVSA, Pedro Rafael Tellechea, as the new oil minister, a day after his predecessor resigned amid an extensive corruption investigation focused on the company…
Offshore installation firm Subsea 7, Australian company Spark Renewables, and international floating wind farm developer Simply Blue Group have created a consortium to pursue floating offshore wind development offshore New South Wales (NSW)…
Energy industry engineering services firm Apollo has won a pre-FEED contract with Celtic Sea Power for the 400MW Pembrokeshire Demonstration Zone Multi-connection Offshore Substation (PDZ MOS) and 2x 1GW MOS’s targeting The Crown Estate Refined Area of Search (RAoS) A…
GreenIT, a joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds have signed an agreement to develop three floating offshore wind projects in Latium and Sardinia…
Subsea services firm DeepOcean has taken the Olympic Ares multi-purpose support vessel (MPSV) on a two-year charter. The vessel is owned by the Norwegian shipowner Olympic Subsea.The vessel is a modern construction support vessel equipped with a 250 Te crane…
Norwegian seismic survey firm PGS has secured a 3D exploration acquisition contract with 'a major international energy company.'PGS said in a stock exchange filing on Wednesday that its Ramform Titan vessel was scheduled to mobilize for the survey in late June…
Atlas Petroleum International Limited said Tuesday it would, with its partners VAALCO, and GEPetrol, proceed with the development of the Venus discovery in Block P, Equatorial Guinea.This positive result follows the 8 March 2023 Plan of Development…
Venezuela's oil minister, Tareck El Aissami, said on Monday he would resign amid corruption investigations into state-owned oil company PDVSA, in a bid to support the investigative effort. Venezuelan anti-graft police have arrested a mayor,…
Scotland-based Utility ROV Services has won a contract for boulder and debris clearance services on the Moray West offshore wind farm in the UK.The manufacturer/operator of the UTROV system will start offshore operations in Q1 2023. The offshore wind farm located in the Moray Firth…
The hydrocarbon business of Larsen & Toubro (L&T), (L&T Energy Hydrocarbon – LTEH), has secured multiple offshore packages from 'a prestigious overseas client.'L&T said Tuesday that the scope of work comprised engineering, procurement, construction & installation of offshore structures…