Offshore installation firm Jan De Nul Group has secured a contract with Vattenfall to transport and install 41 wind turbines of 8.4 MW each at the Vesterhav Nord & Syd offshore wind projects in Denmark.The offshore wind projects will produce…
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…
3i Infrastructure has agreed to acquire AMP Capital's stake in the Danish offshore vessel owner ESVAGT.The deal will result in 3i Infrastructure owning a 100% of the equity in ESVAGT. 'This further investment is expected to be £268 million.…
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction.For decades…
Some 300 UK North Sea workers working for Ponticelli UK and Semco Maritime, serving TotalEnergies' UK North Sea platforms, will take industrial action starting Monday, December 6, following a dispute over cuts to terms & conditions, workers' union Unite said…
Global Energy Group (“GEG”), the Scottish-based energy services company has agreed on terms with offshore wind tower manufacturing specialist, Haizea Wind Group (“Haizea”), to build a £110m-plus (~$146 million) offshore wind tubular rolling facility at Port of Nigg…
Danish drilling contractor Maersk Drilling has won a one-well contract for its jack-up drilling rig Maersk Intrepid with OMV in Norway.OMV will use the rig to drill a high pressure, high-temperature exploration well in the Oswig prospect in…
Floating wind industry foundation developer BW Ideol has signed an agreement to acquire a 5% ownership in the 30MW EolMed floating wind pilot project in the French Mediterranean.'This investment confirms the company’s dual-track growth strategy…
NorthStone Advisers, a company describing itself as 'an energy sector specialist provider of market analysis, growth strategy, and organizational development has this week officially launched in Aberdeen, UK.Created by a group of industry experts…
Greenalia, a Spanish firm working to build a 50MW floating wind farm off the Canary Islands, has received authorization in terms of aeronautical easements by AESA (State Aviation Safety Agency) for the assembly of the four wind turbines of the Gofio wind farm…
Eneti, an offshore wind installation company in the making, said Thursday it had entered into a binding agreement for the construction of one wind turbine installation vessel (WTIV).The company, formerly known as Scorpio Bulkers, ordered the…
The UK oil and gas industry regulator Oil and Gas Authority has launched its second Wells Insight report, which shows that the number of exploration and appraisal wellbores spudded has been on a decline, however, success rates have improved…
TetraSpar Demonstrator, dubbed the world’s first fully industrialized floating offshore wind foundation, has been officially commissioned and is now in operation off the coast of Norway.The floating wind foundation, fitted with an offshore wind…
Danish offshore wind farm developer Ørsted has taken the final investment decision (FID) on the two German offshore wind farms Gode Wind 3 (242 MW) and Borkum Riffgrund 3 (900 MW), expected to be commissioned in 2024 and 2025, respectively.Rasmus Errboe…
Oil and gas company Neptune Energy has awarded a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea.Neptune Energy said that Maersk Supply Service would deploy innovative technology to reduce…