Industry News


Vattenfall Taps NGI for Kriegers Flak Wind Farm Monitoring

May 19, 2020

Swedish wind farm development company Vattenfall has hired Norwegian Geotechnical Institute (NGI) to provide monitoring services for the Kriegers Flak offshore wind farm being built in the Baltic Sea, offshore Denmark.NGI will provide design…

Longitude Designs Cable Layer for Taiwan Wind Farm Ops

May 19, 2020

Longitude Engineering, an LOC Group company, has said it has provided concept and basic design services, as well as construction specification for yard engagement and procurement activities, for a new DP2 cable lay ship for Woen Jinn Harbor Engineering (Woen Jinn)…

U.S. Tops List of Most Attractive Countries for Renewables Investments. Overtakes China

May 19, 2020

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.In…

Siemens Gamesa Launches 14MW Offshore Wind Turbine

May 19, 2020

Wind turbine maker Siemens Gamesa has unveiled a new SG 14-222 DD offshore Direct Drive wind turbine with 14-megawatt (MW) capacity.The capacity can reach up to 15 MW using the company’s Power Boost function. The turbine will have a 222-meter diameter rotor…

Equinor Raises $3.9 Bln in the Bond Market

May 18, 2020

Norwegian oil company Equinor raised $3.4 billion in euro and dollar bonds on Monday, in its latest push to secure long-term funding at a time of weak crude prices.'In the current volatile market situation characterised by high uncertainty going forward…

Russian Pipe-laying Vessel Moors at Nord Stream 2 Hub in Germany

May 18, 2020

A Russian pipe-laying vessel Academic Cherskiy which Moscow can use to finish laying pipes for the Nord Stream 2 gas project, has moored near the German logistics hub in Mukran, Refinitiv Eikon tracking data showed on Monday.Led by the state gas company Gazprom…

McDermott Nets 'Sizeable' Offshore Platform Design Deal in Middle East

May 18, 2020

Offshore engineering and construction company McDermott has said it has been given 'a sizeable' contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.McDermott, which didn't say who the client was…

Equinor Drills Dry Well in North Sea

May 18, 2020

Norway's oil and gas company Equinor has completed the drilling of the exploration well 35/10-6 in the North Sea, offshore Norway. According to the Norwegian Petroleum Directorate, the well is dry.Equinor drilled the well around 20 kilometers…

Drydocks World Starts Bokalift 2 Conversion for Boskalis

May 18, 2020

Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start of production on a conversion project for Boskalis B…

Qatar Petroleum to Acquire Share in Total's Ivory Coast Offshore Blocks

May 18, 2020

Qatari-state owned oil and gas company Qatar Petroleum has signed a farm-in deal with France's Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore Ivory Coast.The two blocks cover an area of approximately 3…

DOF in Standstill Agreement with Lenders

May 18, 2020

Norwegian offshore support and subsea service vessel owners DOF and DOF Subsea have reached stand-still agreements with lenders representing to 93% secured debt of DOF companies. The agreement means all payments of principal and interest to…

Total Backs Out of Oxy's Ghana Assets Acquisition

May 18, 2020

French oil major Total is pulling out of the agreed acquisition of Occidental Petroleum's Ghana assets.The two companies in 2019 signed a deal whereby Total was to acquire all of the assets of Anadarko in Africa for about $8.8 billion, following the completion of Oxy's takeover of Anadarko…

Copenhagen Offshore Partners Opens Vietnam Office

May 15, 2020

Copenhagen Offshore Partners, a Danish company providing project development, construction, and operational management services to offshore wind projects, has opened its new office in Hanoi, Vietnam. The office is located within the French Quarters…

VIDEO: SBM Offshore's Liza Unity FPSO Moves to Dry Dock

May 15, 2020

SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…

First Foundation Installed for Kriegers Flak Offshore Wind Farm

May 15, 2020

Following the arrival of Van Oord's Svanen heavy-lift vessel at the Kriegers Flak Offshore Wind Farm location offshore Denmark earlier this week, the first foundation has now been placed on the seabed, Vattenfall, the operator of what will be Denmark's largest offshore wind farm…

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