Ørsted has completed the divestment of a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the U.K. to funds managed by Apollo, closing a transaction first announced in November.The deal forms part of Ørsted’s broader funding plan and partnership strategy…
Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…
Aker Solutions has secured a five-year enabling contract extension with ExxonMobil Canada Properties, the operator of the Hebron platform offshore Newfoundland and Labrador.The brownfield maintenance and modification (M&M) contract, valued between $147 million and $245 million…
Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…
The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…
India’s EPC contractor Larsen & Toubro (L&T) has been hired to deliver High Voltage Direct Current (HVDC) converters in support of the Dutch-German transmission system operator (TSO) TenneT’s 2GW offshore wind grid program in the North Sea.Collaborating with Hitachi Energy…
The consortium between Semco Maritime and PTSC Mechanical & Construction has secured an Engineering, Procurement, and Construction (EPC) contract with Synera Renewable Energy (SRE) to deliver the offshore substation for the Formosa 4 offshore wind farm in Taiwan…
Houston-based company GATE Energy has signed a contract to provide commissioning services for BP’s Kaskida Floating Production Unit (FPU), in close collaboration with Seatrium, the engineering, procurement, and construction (EPC) solutions provider for the project…
Offshore services firm Tekmar has secured a contract, worth more than $10 million, to supply advanced subsea cable protection systems for an offshore energy project in the United Arab Emirates.The contract, awarded by major international Engineering…
Korean Register (KR) has issued an Approval in Principle (AIP) for Samsung Heavy Industries’ (SHI) newly developed SnapWind Float, a next generation floating offshore wind substructure capable of supporting 15MW turbines.As large-scale offshore wind projects continue to expand worldwide…
NextDecade and its partners have reached a final investment decision (FID) on the fourth liquefaction plant, the Train 4, at Rio Grande liquefied natural gas (LNG) export project in Texas, closing financial transactions to fully fund the development and related infrastructure…
Monkey Island LNG has awarded McDermott a master services agreement (MSA) to provide front-end engineering and planning services for its planned $25 billion liquefied natural gas (LNG) export facility in Cameron Parish in Louisiana.Phase 1 of…
Fugro has completed a site investigation job for Ørsted at a future offshore wind farm landing site along Victoria’s eastern coastline in Australia.The project featured the first onshore deployment of Fugro’s patented Heat Flow Module (HFM) CPT probe…
Technip Energies, in consortium with JGC, has been awarded two significant Front-End Engineering Design (FEED) contracts for Inpex Abadi LNG project in the Masela Block, offshore Indonesia.The first contract is for the gas floating production…