Germany and Denmark have signed an agreement to connect at least 3 gigawatts of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning of the 2030s, the German economy ministry said on Thursday. 'The…
Malaysian offshore drilling firm Velesto Drilling has received the Letter of Award from Vestigo Petroleum for the provision of jack-up drilling rig.The contract is for Velesto's jack-up drilling rig NAGA 2, with an estimated contract value of $10…
U.S.-based offshore service firm Helix Energy Solutions has secured a 39-well decommissioning contract in the U.S. Gulf of Mexico shelf with an unnamed client. The project, awarded to Helix's Louisiana-based subsidiary Helix Alliance, is expected to start in mid-2023…
Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade…
Valeura Energy said Thursday it had signed two key contracts relating to its Jasmine oil field offshore Thailand.Namely, Valeura’s charter of the field’s FPF-003 floating production storage and offloading vessel (“FPSO”), and a contract for…
Prysmian Group Finland Oy has selected YIT as its implementation phase partner for the construction of the Prysmian cable tower in Kirkkonummi municipality in southern Finland. The implementation phase will continue the cooperation from the development phase…
Denmark-based engineering and contracting group Semco Maritime has agreed to acquire German firm Wind Multiplikator, specialized in managing offshore wind farms and projects and providing engineering and consulting services.The transaction also…
Norway's Equinor said on Wednesday that it will postpone its Bay du Nord Canadian offshore oil project for up to three years, due to rising costs.The decision sets back one of Canada's biggest oil projects in years, and one which has the rare support of Prime Minister Justin Trudeau's government…
Norwegian seismic service firm PGS has secured a 3D exploration acquisition contract in the Mediterranean with an unnamed 'major international energy company.'PGS will mobilize the Ramform Hyperion seismic vessel for the survey late third quarter…
Eidesvik Offshore has entered into agreements to sell its three remaining seismic vessels, Veritas Viking, Vantage, and Viking Vision, to two separate buyers. All the vessels are in lay-up and treated as held for sale in the company accounts…
Brazilian oil company Petrobras has started production from Almirante Barroso FPSO in the Búzios field, offshore Brazil.The FPSO has the capacity to produce up to 150 thousand barrels of oil and 6 million m³ of gas per day.FPSO Almirante Barroso…
Singapore-based Cyan Renewables said Wednesday it had signed a Memorandum of Understanding (MOU) to partner with Taiya Renewable Energy, a Taiwanese offshore wind farm development company. Under the MOU, Cyan and Taiya will collaborate to build vessel capacity…
Brazilian oil firm Petrobras on Wednesday signed Production Sharing Contracts for offshore blocks, awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022.Petrobras…
The Hollandse Kust (noord) offshore wind substation has been officially taken over by the Dutch grid operator TenneT following the installation and hook-up offshore the Netherlands. In March 2020, TenneT awarded the joint venture EQUANS-Smulders the contract for the engineering…
Noble Corp.'s jack-up drilling rig, the Noble Innovator, which in February arrived in the Port of Aberdeen, has now left the port after a 105-day stay to complete a special periodic survey.The Noble Innovator jack-up rig sailed away from Port of Aberdeen’s South Harbour last Friday…