Industry News


Cadeler Signs Wind Turbine Installation Contract Worth Up to $150M

Mar 27, 2024

Danish offshore wind installation firm Cadeler has signed a contract to provide its vessel Wind Scylla for the installation of offshore wind turbines for an undisclosed client.The contract is valued between $75 million and $150 million, including both the firm period and potential options…

Cargotec's Hiab Scoops Large Order for Offshore Wind Loader Cranes

Mar 27, 2024

Hiab, part of Cargotec, has received an order for loader cranes to be used in offshore wind turbines worth $5.4 million.The order was booked in Cargotec’s 2024 first quarter orders, and will be delivered during 2024. The crane model ordered is the HIAB SWP…

Ithaca Energy Gets Bid Rights on Eni's UK Assets

Mar 27, 2024

Ithaca Energy has been given a four-week exclusivity period by Italy's Eni to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.Buying those assets, including those of Eni's recently acquired Neptune Energy…

Strategic Marine to Build CTV for Polish Offshore Wind Industry

Mar 27, 2024

LOTOS Petrobaltic, an ORLEN Group company, signed a contract for the construction of a Crew Transfer Vessel (CTV) with Singapore-based Strategic Marine, set for service in the Polish offshore wind market.The StratCat 27 CTV is scheduled to be completed this summer…

Dolphin Drilling and GHL Reach Win-Win Agreement as Blackford Dolphin Continues Work Off Nigeria

Mar 27, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has reached agreement with General Hydrocarbons Limited (GHL) regarding past due payment amounts, clearing its Blackford Dolphin semi-submersible rig for the remaining work under the drilling contract…

Equinor Contracts Ocean Installer for Gas Field Work Offshore Norway

Mar 27, 2024

Ocean Installer has secured a new Subsea Line Modification (SLM) project award from Equinor on Åsgard A floating storage and offloading vessel (FPSO), located in the central part of the Norwegian Sea.The scope of work on Åsgard A covers recovery of two risers…

US Approves Orsted's Sunrise Wind Offshore Wind Farm

Mar 26, 2024

The Biden administration on Tuesday gave final approval to Orsted and Eversource's Sunrise Wind offshore wind facility, which is expected to provide power to more than 320,000 homes in New York.The announcement was the latest positive development for the project…

Offshore Wind Market Improving After Price Reset, Says EDP

Mar 26, 2024

The global market for offshore wind projects is improving with governments and companies now offering high enough prices to make projects economically viable, the CEO of Portugal's largest utility Energias de Portugal (EDP) said on Tuesday.Many…

Nebula Energy’s AG&P LNG Secures 20-Year LNG Terminal Deal in Indonesia

Mar 26, 2024

AG&P LNG, majority-owned by Nebula Energy, has through its subsidiary PT AGP Indonesia Utama and partners secured a 20-year contract from PLN Energi Primer Indonesia (PLN EPI) for co-development, ownership and operations of LNG import terminals in Sulawesi-Maluku Power Cluster…

Norway Greenlights Aker BP’s Exploration Drilling Campaign

Mar 26, 2024

The Norwegian Offshore Directorate has granted a drilling permit to Aker BP for a wildcat well in the North Sea, which will be drilled using Noble Corporation’s Noble Integrator jack-up rig.The permit is for 24/6-5 exploration well in the North Sea at the Alvheim Deep prospect…

Enauta Sells 20% Stake in Atlanta and Oliva Fields in $300M Deal

Mar 26, 2024

Oil and gas company Enauta has signed a purchase and sale agreement with affiliates of Westlawn Americas Offshore (WAO), which will acquire 20% participating interest in the BS-4 concession, which includes the Atlanta and Oliva fields, offshore Brazil…

Petronas Books Three Velesto’s Jack-Up Rigs

Mar 26, 2024

Petronas Carigali (PCSB), a subsidiary of Malaysian state-owned energy company Petronas, has booked three jack-up rigs from Velesto for drilling operations off the coast of Malaysia.The contract with Petrobras is for three Velesto’s jack-ups – Naga 2…

Enshore Subsea Welcomes Back World’s Most Powerful Subsea Trencher

Mar 26, 2024

Enshore Subsea has taken delivery of the 170 tonnes, 2200kW, T3200 subsea trencher, which is currently undergoing complete refurbishment at the firm's Blyth workshop ahead of planned series of projects.The T3200, built in 2009 for Enshore Subsea’s original parent company DeepOcean…

TWP Hires Ramboll for Offshore Wind Foundations Design

Mar 26, 2024

Thistle Wind Partners (TWP), a consortium involving DEME, Qair, and Aspiravi, has awarded Ramboll the contract for pre-FEED (Front-End Engineering Design) of the foundations for its Bowdun project.Ramboll, a global engineering and consultancy company…

Blue Water Gets Yinson’s Contract for Agogo FPSO Modules Transportation

Mar 26, 2024

Blue Water has secured a substantial logistics contract with Yinson Production to oversee the transportation of the topside modules for the Agogo FPSO, which will be deployed on Azule Energy’s development offshore Angola.The Agogo floating storage…

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