Industry News


Edda Wind Lands Dogger Bank Wind Farm Contract for Newbuild CSOV

Jun 03, 2021

Offshore wind vessel firm Edda Wind said Wednesday it had won a contract to support the commissioning and construction of the first two phases of the giant Dogger Bank wind farm in the UK.'Edda Wind and Dogger Bank Wind Farm have agreed on a new contract for the newbuild CSOV Edda TBN C490…

Limited Window of Opportunity: Israel Thinking of Rolling Back Gas Export Limits

Jun 03, 2021

Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…

Ørsted to Recycle, Reuse Wind Turbine Blades

Jun 03, 2021

Offshore wind farm developer Ørsted said Thursday it would work to either reuse, recycle, or recover all of the wind turbine blades in its global portfolio of onshore and offshore wind farms upon decommissioning.Mads Nipper, CEO of Ørsted said…

Equinor Drills Duster Near Wisting Discovery in Barents Sea

Jun 03, 2021

Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…

Bourbon Offshore to Manage DRASSM Subsea Research Vessels

Jun 03, 2021

Offshore vessel operator Bourbon Offshore Surf has won a tender for the supply and management of the crew and nautical activities of the deep-sea vessels owned by the French Department of Underwater Archaeological Research (DRASSM) Alfred Merlin and André Malraux…

Acteon Secures Work with Saipem at Calvados Offshore Wind Farm in France

Jun 03, 2021

Offshore services company Acteon has secured an integrated project with Saipem for casing installation and drilling support on the Calvados offshore wind farm (Courseulles-sur-Mer). The contract was signed by LDD, a company in Acteon's foundations and cables segment…

MODEC Confirms Bacalhau FPSO Order

Jun 03, 2021

Japanese FPSO specialist MODEC has been awarded the contract for the delivery of an FPSO unit for Equinor's Bacalhau development.The EPCI contract award follows the final investment decision for the development of the field, announced by Equinor and its partners Tuesday…

Equinor Adds Two Wells to Valaris' Jack-Up Rig Scope

Jun 03, 2021

Offshore drilling firm Valaris said Wednesday it had won a contract extension for one of its jack-up drilling rigs with Norway-based oil company Equinor.The contract is for the Valaris JU-291 jack-up drilling unit, formerly known as the Rowan Stavanger…

Awind's Newbuild Vessel to Support Construction of Dogger Bank Wind Farm

Jun 02, 2021

Norwegian-based Awind has secured a charter contract for its first “walk-to-work” Commissioning Service Operation Vessel (CSOV) at the Dogger Bank offshore wind farm in the UK.The contract at what will become the world's largest offshore wind farm will start in the second quarter of 2023…

Ulstein Delivers Nexans Aurora Cable Layer

Jun 02, 2021

Norwegian shipbuilder Ulstein has this week delivered the cable-laying vessel Nexans Aurora to its owner Nexans.The vessel will be used for the transfer and installation of subsea high voltage cables and a variety of subsea construction jobs…

Ørsted to Invest $57B by 2027 to Become Global Leader in Green Energy

Jun 02, 2021

Ørsted, the world's largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition.The Danish firm, which sold its oil and gas business in 2017…

Russia Wants to Make Sakhalin Island Carbon Neutral by 2025

Jun 02, 2021

Russia aims to make the fossil fuel-rich Pacific island of Sakhalin carbon neutral by 2025, and later to extend the ambition to its top oil production province in western Siberia, a deputy prime minister said.Along with the world's other leading…

Novatek, Glencore Ink Arctic LNG 2 Gas Supply Deal

Jun 02, 2021

Russian gas company Novatek has signed heads of agreement with Glencore for the long-term supply of LNG from the Arctic LNG 2 project.The agreement, signed Wednesday at Saint-Petersburg International Economic Forum, established the key commercial terms for the long-term supply of more than of 0…

KCA Deutag Brings in $550M in Platform Drilling Contracts

Jun 02, 2021

Oil and gas drilling and engineering firm KCA Deutag said Wednesday it had secured $550 million worth of platform drilling contracts.KCA Deutag said the deals added 13 years to its contract backlog. According to the company, the agreements include…

Subsea Integration Alliance Confirms Bacalhau EPCI Contract

Jun 02, 2021

Subsea Integration Alliance, a partnership between Subsea 7 and Schlumberger's OneSubsea, has officially received the contract for the delivery of subsea equipment and flowlines for Equinor's recently sanctioned Bacalhau field development offshore Brazil…

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