CDWE has completed the installation of the first jacket of the Zhong Neng offshore wind farm in Taiwan.The Zhong Neng Offshore Wind Project is a 300MW project located off the western coast of Changhua. It is co-owned by China Steel Corporation, Taiwan’s state-owned and largest integrated steel maker, and a renewable energy infrastructure fund managed by Copenhagen Infrastructure Partners. The project reached a financial close in December 2021…
John Wood Group on Wednesday named Arvind Balan, a finance executive at Rolls-Royce, as the British oilfield services and engineering firm's new chief financial officer, effective April 2024.Balan has been the CFO at the aero-engineer's Civil…
The U.S. Bureau of Ocean Energy Management (BOEM) on Monday announced three final Wind Energy Areas (WEAs) offshore Delaware, Maryland, and Virginia.These areas, BOEM said, were developed following extensive engagement and feedback from states…
Salamander, a joint venture between Ørsted, Simply Blue Group, and Subsea7, has signed an exclusivity agreement as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.The 100 MW Salamander floating offshore wind project…
U.S. private equity firm Apollo Global Management on Monday said it would not proceed with a takeover offer for British oilfield services and engineering firm John Wood Group after tabling an exploratory bid last month.Apollo had until later…
John Wood Group said on Monday it has decided to engage with Apollo Management for a firm offer from the private equity firm for a final buyout price of 240 pence per share, which values the group at about 1.66 billion pounds ($2.06 billion)…
Energy industry engineering services firm Apollo has won a pre-FEED contract with Celtic Sea Power for the 400MW Pembrokeshire Demonstration Zone Multi-connection Offshore Substation (PDZ MOS) and 2x 1GW MOS’s targeting The Crown Estate Refined Area of Search (RAoS) A…
John Wood Group said on Tuesday it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management Inc, citing that the offer undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6…
Shares of John Wood Group Plc surged over 30% on Thursday after the company said it received three preliminary buyout proposals from private equity firm Apollo Global Management Inc. The British oilfield services and engineering firm said late…
Sarens PSG, a joint venture between Sarens and PSG Marine & Logistics established in summer 2022, has won a contract to undertake the marshalling work at Invergordon of 62 monopiles prior to installation as part of the Moray West offshore wind farm offshore the UK…
Developers of the Moray West offshore wind farm in the UK have selected Invergordon port in the Cromarty Firth, Scotland, as the location for marshalling all 62 monopiles prior to installation as part of the Moray West offshore wind farm. The wind farm is being developed by Ocean Winds…
The Norwegian offshore seismic data acquisition and processing company PGS said Thursday it had won a significant 4D production contract with Brazil's Petrobras.The project will cover the Barracuda-Caratinga field in the Campos basin offshore Brazil…
Offshore installation services firm DEME said Monday it would return to the Moray Firth to install the foundations for another offshore wind farm in Scotland, under a contract awarded by Ocean Winds.The company was previously involved in the…
World Forum Offshore Wind said Wednesday it had launched new Offshore Wind to Hydrogen Committee chaired by DNV’s hydrogen segment lead Magnus Killingland.'World Forum Offshore Wind (WFO) and its members believe that hydrogen production from…
American Offshore Services said it has hired Michael Romano as vessel superintendent focused on new building and operations as the Massachusetts-based crew transfer vessel owner/operator ramps up to support America's burgeoning offshore wind industry…
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