Great Lakes Dredge & Dock Corporation announced its MARAD Title XI Financing application for its offshore wind rock installation vessel, the Acadia, has been updated to the 'completed' category, indicating the loan process is moving towards the final phase…
The Dutch wind farm developer Ecowende, a joint venture between Shell and Eneco, has placed an order for 52 offshore wind turbines from Vestas, each rated at 15MW, for its Hollandse Kust (west) site VI.Once installed, Vestas will service the…
New York-listed shipowner Capital Product Partners L.P. (CPLP) has closed the umbrella agreement from November 2023, moving forward with the $3.1 billion acquisition of 11 newbuild LNG carrier vessels.CPLP entered into umbrella agreement with Capital Maritime & Trading Corp…
Seatrium has delivered a floating storage and regasification unit (FSRU) Energos Celsius to New Fortress Energy (NFE), one of the world’s leading LNG project developers.Energos Celsius is owned by Energos Infrastructure, a global marine infrastructure platform backed by Apollo funds and NFE…
Ecowende, a joint venture of Shell and Eneco, has awarded a contract to Van Oord for the construction of the 760 MW offshore wind farm Hollandse Kust (west) lot VI.As Ecowende's contractor, Van Oord will be responsible for transporting and installing the foundations…
Allseas’ construction vessel Pioneering Spirit has started pipelaying work on BP’s ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas’ offshore construction support vessel Oceanic kicked…
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement by which the Norwegian energy industry giant will divest all its remaining assets in Azerbaijan to SOCAR.The assets comprise a 7.27% non-operated interest…
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for a design of Floating Storage and Regasification Unit (FSRU) for ammonia.The ammonia FSRU has been jointly developed by MOL and MHI Group’s Mitsubishi Shipbuilding…
TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for $689 million.Following the farm down, TotalEnergies retains 25.5% of Seagreen offshore wind farm…
Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…
Brazil's state-run oil company Petrobras has signed contracts with Enauta for the sale of its entire stake in in the Uruguá and Tambaú fields, located in the Santos Basin.The amount to be received by Petrobras from the operation is up to $35 million…
Equinor Energy has commissioned MAN Energy Solutions to provide three compressor bundles – and an additional two spare units – as replacements for ones from another OEM.The bundles will be implemented within existing outer casings on the Troll A platform…
Shell has begun cutting jobs beyond previously announced reductions in its low-carbon division, Bloomberg News reported on Thursday citing people familiar with the matter.Roles are being eliminated on a division-by-division basis, with those…
German utility RWE on Thursday said it would acquire three offshore wind projects off the English coast from Sweden's Vattenfall in a deal that values the assets at 963 million pounds ($1.2 billion).The UK Norfolk Offshore Wind Zone portfolio consists of three 1…
Britain's Harbour Energy HBR.L on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with BASF and LetterOne that creates one of the world's largest independent producers.London-listed Harbour…