People & Company News


EOLOS Gets Capital Injection

Sep 27, 2019

EOLOS Floating Lidar Solutions, a start-up supported by EIT InnoEnergy, has completed a significant capital injection by the entity of the Swiss investment company Prorsum AG.Rajai Aghabi, CEO and founder of EOLOS, describes the capital increase as “a significant closing for EOLOS…

OMP Acquires Stake in TEN

Sep 26, 2019

The maritime and offshore energy institutional investor OMP is acquitting of US$35m of Series G Redeemable Convertible Perpetual Preferred Shares of the Greek shipping company Tsakos Energy Navigation (TEN) in a private placement.Watson Farley…

Macquarie Acquisition of German Offshore Wind Approved

Sep 26, 2019

The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit…

Eni, Mainstream Eye UK Offshore Wind

Sep 26, 2019

Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia…

CPIH, Equinor Team Up on Offshore Wind

Sep 26, 2019

Chinese power giant China Power International Holding (CPIH) and Norwegian energy firm Equinor have inked a memorandum of understanding (MoU) to cooperate on offshore wind projects off China and Europe.“China is rapidly increasing its use of renewables and natural gas…

Delek Offered Funds to Invest in Ithaca

Sep 24, 2019

Israeli oil and gas company Delek has received an offer from an unnamed investor for a potential investment of up to $250 million into its North Sea focused subsidiary Ithaca Energy.'Delek Group, received a signed offer from an international…

Solstad Offshore Sells AHTS Vessel

Sep 18, 2019

Norwegian offshore vessel owner Solstad Offshore said that its wholly owned subsidiary Farstad Marine has sold one of its anchor handling tug supply (AHTS) vessels.'Farstad Marine has sold the 16304-hp, 2002-built anchor handling tug supply vessel Far Saltire…

Senvion to Sell Assets to Siemens Gamesa

Sep 17, 2019

Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business.The Germany firm said that it has entered into an exclusivity agreement with Siemens Gamesa…

SGRE Confirms Taiwan Offshore Wind Factory

Sep 17, 2019

Siemens Gamesa Renewable Energy (SGRE) has held a groundbreaking ceremony for a nacelle assembly facility in the Port of Taichung in Taiwan that will be its first offshore  assembly facility outside Europe.Construction is due to begin in 2020 at the site located in the port of Taichung…

NYSE Begins to Delist Seadrill Partners

Sep 09, 2019

The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated…

W&T Offshore Buys ExxonMobil Interests in GoM

Sep 04, 2019

Texas-based oil and natural gas producer W&T Offshore has closed the previously-announced purchase of ExxonMobil interests in and operator-ship of oil and gas producing properties.The properties includes those in the eastern region of the Gulf of Mexico…

GRS in South Korea Collaboration

Aug 23, 2019

German shipping service company Global Renewables Shipbrokers (GRS) has announced the start of a strategic partnership with South Korean wind project development consultancy SerFac.The shipbroker for offshore tonnage in renewable energy said…

Topaz Revenue Climbs

Aug 22, 2019

Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million…

Ed LeBlanc Joins Ørsted

Aug 20, 2019

Ørsted US Offshore Wind has hired former U.S. Coast Guard (USCG) officer Ed LeBlanc as Manager of Marine Affairs.The company operates Block Island Wind Farm, America’s first offshore wind farm said that  LeBlanc has over 40 years of experience in the USCG…

Brazil Okays BW Offshore's Oilfield Buy

Aug 19, 2019

Norwegean provider of floating production services to the oil and gas industry BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company's plan to become an operator and not just a supplier of oil services…

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