Several offshore wind developers are on track to bid in the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola, Engie, and Orsted.The U.S. offshore wind industry is booming so far in 2024…
McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…
Abu Dhabi's national oil firm ADNOC has announced the start of crude oil production from its Belbazem offshore block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petroleum Corporation (CNPC).Located 120 kilometers northwest of Abu Dhabi city…
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…
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 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…
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…
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…
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…
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…
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…
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…
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…
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 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…