Japanese trading house Mitsui & Co Ltd said on Wednesday it would invest in the development of a carbon capture and storage (CCS) project in Britain.The Japanese company will take a 15.4% share in Storegga Geotechnologies which is developing…
Havyard Group's subsidiary Norwegian Electric Systems (NES) has won a contract to deliver energy design and smart control solution to Rem Offshore’s new vessel for the offshore wind service market. The contract was awarded by Green Yard Kleven who is building the vessel…
Norwegian offshore vessel owner DOF Rederi AS, a subsidiary of DOF, has sold the platform supply vessel Skandi Texel.DOF said Wednesday that the vessel had been sold to a Norwegian company. It did not say who the buyer was exactly, but it did say that the vessel would leave the oil services sector…
Norwegian energy firm Equinor has awarded a 5-year contract extension to Danish offshore vessel owner Esvagt for the use of the Esvagt Njord vessel at the Dudgeon offshore wind farm in the UK. The extension runs until 2026.The SOV (Service Operation…
BW Ideol, a company created last month after FPSO firm BW Offshore announced its investment into floating wind company Ideol, has applied for listing on Euronext Growth.'Oslo Børs has received an application for admission to trading on Euronext Growth from BW Ideol AS…
Offshore helicopter operator NHV Group has won a contract with offshore installation firm Allseas to provide helicopter services in support of the Energinet Europipe II Branch Pipeline project. The weekly H175 flights will depart from NHV’s base in Esbjerg…
Ocean Winds, a JV created by EDP Renewables and Engie last year, has signed a deal with Terna Energy to work on the development of floating offshore wind projects in the Greek seas.Ocean Winds, which has an offshore wind portfolio comprised of 1…
Australian oil company Santos has chartered the Noble Tom Prosser jackup drilling rig to drill the Pavo-1 and Apus-1 exploration wells, offshore W. Australia, Carnarvon Petroleum, a partner in the project has informed.The company, which is working…
Norwegian offshore drilling company Odfjell Drilling has signed a firm contract with the oil firm Lundin Energy for the use of the Deepsea Stavanger semi-submersible drilling rig.The firm contract follows a letter of intent announced in January…
It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…
Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…
Oil company executives at CERAWeek by IHS Markit were adamant on Monday that crude demand will rise over the coming decade and that the fossil fuel will remain a crucial part of the energy mix even as renewables draw increasing attention.Climate…
Global Offshore, an offshore cable installation, repair, and trenching services provider, has won a multi-year offshore wind farm cable maintenance and management framework agreement with Equinor.Global Offshore, a Global Marine subsidiary,…
A former sales manager of Dutch energy services company SBM Offshore was sentenced on Monday to three-and-a-half years in jail after being convicted by a London jury of bribing public officials to win oil contracts in post-occupation Iraq.Paul Bond…
Dutch offshore geotechnical survey firm Fugro has said it has won multiple contracts with Eni in Angola for geotechnical and environmental surveys off the coast of Angola between now and May.Fugro said that two of its vessels are currently active in the region…
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