Offshore Activity - page 9


Harlyn Solutions Completes First Phase of Offshore Substation Transport for Moray West Wind Farm

Nov 14, 2023

Harlyn Solutions said Tuesday it had completed the first phase of the offshore substation transport for the Moray West Wind Farm, with the two substations now in the Cromarty Firth awaiting their installation at the offshore wind farm.Harlyn Solutions…

Danish Offshore Wind Project Termination Not Detrimental to Cadeler's Long-Term Financial Performance, CEO Affirms

Nov 14, 2023

Danish offshore wind installation services firm Cadeler said Monday evening it had received notice of termination of the Aflandshage offshore wind project in Øresund, Denmark, which in turn led to the cancellation of its turbine installation contract…

German Firm Farms Into UK Offshore Carbon Storage License

Nov 14, 2023

Carbon Catalyst Limited (CCL) said Tuesday it had completed the farmout of a 10% stake in the Poseidon carbon storage license located in the Southern North Sea sector of the UK Continental Shelf, to Wintershall DEA.As part of the deal, German…

Chevron Resumes Natural Gas Supply from Israel's Tamar Offshore Field

Nov 13, 2023

Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.The Tamar field, a major source of gas for Israel's power generators…

Ørsted Exits Norwegian Offshore Wind Partnership

Nov 13, 2023

Denmark-based offshore wind developer Orsted has decided to pull out of the Norwegian offshore wind partnership due to prioritization of investment in its portfolio.Ørsted joined Bonheur ASA's subsidiary Fred. Olsen Renewables AS, now Fred. Olsen Seawind ASA…

N-Sea Charters Offshore Support Vessel from Rederij Groen

Nov 13, 2023

Subsea services firm N-Sea Group has agreed to charter Rederij Groen's Dutch-flagged vessel 4-WINDS, an offshore support vessel built in 2012. The 4-WINDS is 60.25 meters long, with a 14.95-meter beam and a draught of 5 meters.According to N-Sea Group…

Britain's Octopus Makes First Investment in German Offshore Wind

Nov 13, 2023

Britain's Octopus Energy said it has made its first investment in German offshore wind under plans to scale up its renewables activity in the world's third-largest market.Octopus Energy Generation has taken a 5% stake in Butendiek, an 80-turbine offshore wind…

Exmar Acquires Stake in Vantage Drilling

Nov 13, 2023

Exmar, a company best known to the Offshore Engineer audience for its FLNG units, has decided to re-enter the offshore drilling sector with an investment in the offshore drilling company Vantage Drilling.Exmar said it had acquired approximately 11…

Eqva to Sell Havyard Leirvik Yard in Norway to Turkish Buyer

Nov 13, 2023

Eqva, an owner of industrial service companies, said Monday it would divest Havyard Leirvik Yard in Norway to a Turkish buyer.“The sale of Havyard Leirvik will free up important resources, both human and financial, enabling a concentrated focus…

Kremlin: More Signs Appear of Ukrainian Involvement in Nord Stream Blasts

Nov 13, 2023

The Kremlin said on Monday that more signs were appearing of Ukrainian involvement in the blasts that ruptured Russia's Nord Stream gas pipelines last year, following a Washington Post report that a Ukrainian military officer coordinated the attack…

Fugro Nets Offshore Namibia Survey Contract

Nov 13, 2023

The Portuguese oil and gas firm Galp has awarded the Dutch company Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. 'Known for its remote location, challenging conditions and ultra-deep water, this site is key to future energy operations in the region…

Mocean Energy Raises Funds for Blue Star Wave Energy Technology

Nov 13, 2023

Wave energy firm Mocean Energy has raised £2.2 million in new equity alongside a £500,000 grant to drive the commercialization of its wave energy technologies.The equity funds come from existing investors, including Equity Gap, Scottish Enterprise and Old College Capital…

Tullow Signs $400M Debt Facility Deal with Glencore

Nov 13, 2023

Tullow Oil said on Monday it had entered into a $400 million five-year debt facility deal with Glencore, which would help manage its senior notes maturing through 2026.The facility, with Glencore Energy UK Ltd, will be available to draw for…

Reach Subsea Partners with Agalas for New IMR/Survey Vessel

Nov 10, 2023

Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission…

BB Energy, JE Energy Win Tender to Market Guyana's Share of Oil

Nov 10, 2023

British trading firms BB Energy and JE Energy on Thursday won two contracts to market Guyana's share of crude production through deals that will pay the South American country premium fees of between 26 cents and 70 cents per barrel over market prices…

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