Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.The potential issue of investment-grade senior unsecured notes will be subject to market conditions…
Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.Borr, which is dual-listed in Oslo and New York…
A new service operations vessel (SOV) was launched at the Cemre Shipyard in Turkey for French vessel owners Louis Dreyfus Armateurs (LDA).Upon delivery in 2021, the 84-meter SOV Wind of Hope will go to work for Danish wind energy giant Ørsted servicing its Hornsea Two offshore wind farm…
UK's oil and gas regulator the Oil and Gas Authority (OGA) has appointed Andy Brooks as Area Manager - Central North Sea, starting the role in September 2020.Brooks graduated from Leeds University in 2002 with a Masters in Chemical Engineering…
UK-based chemicals giant INEOS will buy electricity from Engie’s Norther offshore wind farm in Belgium over a 10-year period, in what INEOS said was “the largest ever purchase contract of wind energy for heavy industry in Belgium.”According to INEOS…
Norwegian oil company Aker BP has signed a drilling contract with Odfjell Drilling.The contract is for the use of Odfjell Drilling's 2010-built Deepsea Stavanger semi-submersible drilling rig.The rig is currently employed by the French oil major Total in South Africa on a $438…
The Dutch-German grid company TenneT and Britain's National Grid said on Tuesday they have signed an agreement to investigate connecting their offshore wind turbine farms in the North Sea via undersea cables.In a joint statement, the companies…
Wind turbine constructor GE Renewable Energy will supply its giant 13MW Haliade-X wind turbines for the Dogger Bank wind farm phases A and B. Dogger Bank is a giant offshore wind farm project in the UK, jointly owned by SSE and Equinor. Once completed…
Philippe Kavafyan, CEO offshore wind turbine maker MHI Vestas Offshore Wind, will chair Europe’s wind energy association, WindEurope, for the next 18 months.Kavafyan has been elected Chair of WindEurope by the association’s Board of Directors…
Gulf Marine Services, a provider of jack-up service vessels for the offshore energy industry, has received a letter from Seafox, a rival, and a holder of 29.9% of shares in GMS, seeking removal of four of GMS' directors from the board.To remind…
Film-Ocean, a UK-based ROV services provider has expanded its fleet by adding another Quasar 150HP Workclass ROV system. 'This significant investment is part of Film-Ocean's fleet expansion strategy, which has seen four ROV systems added to the fleet over the past 12 months…
In what has been described as 'the greatest climate project in Norwegian industry ever' the Norwegian government on Monday submitted a white paper to parliament, proposing to launch a $2,7 billion carbon capture and storage (CCS) project in Norway…
The premiers of Germany's eastern states have passed a resolution in support of the Nord Stream 2 pipeline from Russia to Germany, daily Bild reported on Friday.The pipeline has been questioned by the German government following the poisoning of Kremlin critic Alexei Navalny…
UK-based offshore crew transfer specialist Seacat Services has ordered two multi-hull crew transfer vessels (CTVs) from naval architects, BAR Technologies, designed in partnership with Chartwell Marine.The first vessel, to be built in the UK…
Oil major BP has terminated the contract for Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig that was due to end in April 2022, the drilling contractor said Monday. Under the contract terms, BP will pay Odfjell Drilling an…