The Baltic Power offshore wind farm project, a joint venture of ORLEN Group and Northland Power Inc., has awarded the EPCI contract for the two offshore substations for the Baltic Power Project to a consortium consisting of Bladt Industries…
Philip Lewis, director of research at Intelatus Global Partners, breaks down growth potential in the emerging floating wind industry, including opportunities for vessels in T&I and EPCI.See the full video interview here.
Floating offshore wind is an emerging technology with strong potential to become a major energy source. A fleet of specialized vessels will be required to help grow grid-connected floating wind capacity from 200 megawatts at the end of 2022 to a projected 61 gigawatts by 2035…
Italian offshore services firm Saipem has won two new contracts for offshore activities in Ivory Coast and Italy for an overall amount of 850 million euros (currently around $909,8 million).The first contract has been awarded to Saipem by Eni Côte d’Ivoire and its partner Petroci…
Subsea 7 has signed a three-year strategic partnership with Talos Energy to deliver commercial solutions for subsea engineering, construction and installation projects in the U.S. Gulf of Mexico.Under the agreement, the companies will collaborate…
Malaysian FPSO leasing firm Yinson Production has acquired the Atlanta FPSO, a floating, production, storage, and offloading vessel that will serve as a production unit at Enauta's Atlanta field in Brazil.Yinson acquired the FPSO through the acquisition of AFPS B…
Brazilian oil company Enauta said Friday it had received a letter from the Malaysian FPSO company Yinson, notifying the exercise of an option to acquire FPSO Atlanta, through the purchase of all the shares of AFPS B.V., the platform owner company…
Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…
Offshore installation contractor Subsea 7 on Monday confirmed the award of a major contract by Turkish Petroleum for the second phase of the Sakarya field development in the Black Sea, offshore Turkey. Subsea 7 defines a major contract as being…
Italian offshore engineering and construction firm Saipem has won two new offshore contracts in the North Sea and the Black Sea, worth $850 million in total.One contract is for an Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea…
Belgium-based offshore wind installation services firm DEME Offshore said Wednesday it had secured three contracts for the Dieppe Le Tréport offshore wind farm in France. DEME said the combined contracts represented a ‘large’ contract, which…
The HSI consortium comprising HSM Offshore Energy, Smulders, and Iv-Offshore & Energy has won a contract to deliver substations and jackets for the largest offshore wind farm in the Baltic Sea, the Gennaker.Under the contract, awarded by 50Hertz…
Italian energy industry services firm Saipem said Monday it had won three new offshore contracts and two competitive FEED contracts totaling around $650 million.Azule Energy has assigned the first contract for the Agogo Full Field Development project…
Danish offshore support vessel owner Maersk Supply Services has secured three-year contracts for three of its L-class anchor handlers with Petrobras in Brazil.Petrobras will use the vessels for a broad scope of anchor handling activities and offshore drilling rig movements…
Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, has awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project.The Snøhvit…