Norwegian offshore vessel owner Solstad Offshore has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion).The contracts are scheduled to start in the second half of 2024 and first half of 2025…
Scottish firms Ocean Kinetics and Green Marine (UK) have formed a joint venture partnership to decommission OpenHydro’s tidal energy platform in the Orkney Islands.Work is rapidly advancing to remove the steel superstructure installed in 2006…
Oslo-listed offshore drilling firm Dolphin Drilling has made a strategic decision to sell and recycle the semi-submersible drilling rig Dolphin Leader, recently acquired from Transocean.The decision aligns with Dolphin Drilling's ongoing efforts…
Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds.The settlement of the transaction will take place on June 14, 2024, Eni sad.Following the placement…
Ørsted has taken final investment decision (FID) on a 600 MWh battery energy storage system, supplied by Tesla, which will be co-located with 2.9 GW Hornsea 3 offshore wind farm to help balance the grid and reduce volatility for consumers.The…
Zeevonk, a joint venture of Copenhagen Infrastructure Partners (CIP) and Vattenfall, has secured a permit to build 2 GW offshore wind farm in the Netherlands, which will be co-located with floating solar farm and feature green hydrogen production system…
Marine LNG infrastructure developer Golar LNG has signed a project development agreement (PDA) with the state-owned Nigerian National Petroleum Corporation (NNPC) for the deployment of an FLNG facility offshore Niger Delta.With a capacity of 400-500 million standard cubic feet per day (MMscf/d)…
Canada-based oil and gas company Valeura Energy has completed the acquisition of the floating storage and offloading (FSO) vessel Aurora, which is already on location at its Nong Yao field, in the Gulf of Thailand.The acquisition was the result…
Marine seismic acquisition firm Shearwater Geoservices and ocean data company XOCEAN have entered strategic collaboration to explore opportunities in carbon capture and storage (CCS) and offshore wind markets.Building on the successful joint delivery of several large data campaigns…
AIM-listed natural resources investing company Deltic Energy has withdrawn from the Shell-operated license in the Southern North Sea due to the inability to secure a farm-out or an alternative funding solution for its commitments related to the Pensacola appraisal well…
Norwegian seismic firms TGS and PGS have received approval from the UK Competition and Markets Authority, securing final regulatory approval for the creation of ‘premier’ energy data company.The approval for the merger from the UK Competition…
Viridien, formerly CGG, has sold and delivered a GPR300 ocean bottom nodal solution for a total value of approximately $20 million, which will be deployed on an upcoming seismic survey project in the North Sea.Viriden secured the contract through its Sensing & Monitoring business line…
Vår Energi has completed the intra-group merger with its wholly-owned subsidiary Vår Energi Norge, formerly Neptune Energy Norge.The merger has been registered with the Norwegian Register of Business Enterprises, and consequently all assets…
Australian oil and gas company Beach Energy has ceased development planning for its Bass Basin discoveries, which include Trefoil, Bass, White Ibis and Yolla West, offshore Australia, amid strategic review.On conclusion of Beach's strategic review…
Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone FPSO facility with a nameplate capacity of 100…