RWE, Europe's third-largest renewables player, does not expect large deals in the sector in the next few years, its chief executive told journalists on Thursday after presenting first-half results.'I don't believe it because the market is growing so rapidly…
Dutch offshore equipment maker Huisman has won a contract to deliver a 2,300 mt Lifting Spreader and a set of adaptive Damping Tugger Winches to DEME Offshore's offshore installation vessel Orion.Huisman said that the equipment was designed…
The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO to end client ExxonMobil…
Marine robotics company Ocean Infinity said Thursday it had acquired marine geotechnics experts, Geowynd.Based in the UK, with clients all over Europe, Geowynd’s team of geotechnical engineers provides consultancy services to aid the safe and…
Ørsted and RWE, the world's two largest offshore wind players, both suffered from weaker winds in the first half, highlighting that profits in the booming industry remain tied to weather conditions.Denmark's Ørsted said it 'experienced significantly lower wind speeds than normal…
Norway's Aker Offshore Wind said Thursday it has, with its partner Mainstream Renewable Power, been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project in Japan…
UK North Sea focused oil and gas company Deltic Energy has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea with Cairn Energy.Cairn will acquire a 60% interest in each of…
The first jackets for the massive Seagreen offshore wind farm have arrived at the Port of Nigg in the Cromarty Firth, where they’ll be kept before being installed 27km off the Angus coast in the North Sea.The jackets, which will serve as foundations for offshore wind turbines…
Spanish oil firm Repsol has secured regulatory consent to start production from the Yme field in the North Sea, off Norway.'Yme will once again be producing oil, 20 years after the last time the field was on stream. [The] planned start-up will be in the second half of 2021…
Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…
Dubai-based SEAJET Systems, a company building controlled flow excavation (CFE) solutions, has signed a manufacturing partnership with Soil Machine Dynamics (SMD), one of the world’s largest independent designers and manufacturers of specialist subsea intervention equipment…
A day after the Norwegian company Aker BP on Tuesday said it had installed the HOD B platform topsides in the North Sea, off Norway, Dutch contractor Heerema Marine Contractors shared photos of the installation process.Heerema was responsible…
Oil firm Rex International's subsidiary Lime Petroleum has signed an agreement with the Norwegian oil company Aker BP to acquire 20 percent in two offshore blocks in the North Sea. The transfer of the interests in the licenses PL867 and PL867B is pending regulatory approval…
Wave energy technology developer CorPower has said it has completed construction of the world’s largest wave energy test-rig, following a two-year project.The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere in the world…
U.S. oilfield services firm Gate Energy has won a deal with Shell for facility commissioning of the recently sanctioned Whale development in the U.S. Gulf of Mexico.Shell last month reached a final investment decision for the Whale deepwater field development…