Denmark on Monday said it had dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, becoming the second nation to do so after neighboring Sweden closed its own inquiry.The multi-billion…
Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018…
Malaysia-based offshore services firm Sapura Energy has teamed up with AF Offshore Decom to launch Kitar Solutions, in a strategic move to address the growing market need for integrated decommissioning services in Southeast Asia.Kitar Solutions…
Energos Celsius floating storage and regasification unit (FSRU), on a long-term for New Fortress Energy (NFE), has arrived to NFE’s LNG terminal in Barcarena in Brazil’s Pará state.The FSRU Energos Celsius was built by Seatrium and delivered to NFE in December 2023…
UK-based oil firm Serica Energy has completed the acquisition of 30% non-operated interest in two licenses in the Greater Buchan Area from Jersey Oil & Gas.The acquisition of interests in the P2498 and P2170 licenses, which together form the Greater Buchan Area…
After a major conversion, Dutch marine services firm Boskalis has commissioned the BOKA Ocean vessel.The vessel was acquired in 2023 as a pipe-laying vessel and was subsequently converted into a broadly deployable cable-laying vessel.After BOKA Ocean completed its sea trials in the North Sea…
Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close to the company told Reuters.Shell did…
AGR, an ABL Group company, has signed a contract extension with Equinor for the provision of blowout and well control studies on the Norwegian continental shelf (NCS).Within the framework of the new two-year agreement, AGR will offer services such as blowout contingency planning…
U.S. offshore energy industry equipment maker Dril-Quip has been selected to supply the subsea wellhead systems for the Woodside Energy's Trion development offshore Mexico.The Trion project, a greenfield deepwater development, includes 24 wells across two phases…
Shell Offshore, a subsidiary of UK-based energy major Shell, has started production at Rydberg, a subsea tie-back to its Appomattox production hub in the Gulf of Mexico.With an estimated peak production of 16,000 barrels of oil equivalent per day (boe/d)…
Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…
U.S. utility firm Dominion Energy said on Thursday it would sell a 50% non-controlling interest in its Coastal Virginia offshore wind farm to Stonepeak to help fund construction of the roughly $10 billion project.Dominion said it would retain…
The United States’ Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New York offshore wind project.With this permitting action by BOEM secured…
Renewable energy firm Avangrid and fund manager Copenhagen Infrastructure Partners said on Thursday their joint venture, Vineyard Wind 1, has begun operations at five of its wind turbines, supplying 68 megawatts (MW) to the New England grid…
Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City in South Korea to cooperate on developing a world-class offshore wind power industry in the region.The aim of the agreement is to establish a successful local wind power industry driven by Ørsted’s 1…