Oil prices rebounded on Tuesday after a sharp fall in the previous session as investors' appetite for risk improved, although they remained cautious amid the rapid spread of the Omicron coronavirus variant across the globe.Brent crude was up 84 cents…
GMS, a provider of jack-up service vessels for the offshore energy industry, has secured two new contracts for its E Class vessels.One E Class (Large Class) award includes a 6-month contract including options, for an unnamed renewables client in northwest Europe…
Energy expert and assurance provider DNV has provided Swedish floating wind tech firm Hexicon with a Statement of Feasibility for its TwinWay demonstrator which will be installed and operated at Metacenter, off the coast of Norway. With achieving this first step in the certification process…
Norwegian offshore vessel owner Siem Offshore has secured a contract with the compatriot oil and gas company Equinor for the Siem Opal anchor handling tug supply vessel.The contract is for a firm six-month period, starting during March/April 2022…
Spanish renewable energy giant Iberdrola has via its subsidiary Avangrid been awarded a contract for the electricity supply from Commonwealth Wind offshore wind farm, as part of Massachusetts’ third offshore wind competitive procurement.'The 1…
Brazilian oil and gas company Enauta has informed that production has resumed from the Manati field, offshore Brazil, after a recent output halt caused by a valve issue.Enauta said that Petrobras, the operator, had informed it that the production resumed on Sunday…
Offshore wind developer Ørsted said Monday that first power on Hornsea 2 offshore wind farm in the UK was achieved after its offshore substation (OSS), the world’s largest offshore AC substation, and reactive compensation station (RCS), were installed in late October 2021…
Nord Stream 2 AG said on Friday it had started filling its second pipe with natural gas, stepping up preparations to launch a project that has sparked global political tensions and is yet to get the green light from Germany.'Like the first string (pipe)…
Norwegian offshore vessel owner Solstad Offshore has secured a one-year contract for its platform supply vessel Normand Flipper.Solstad Offshore said that the contract, starting in December 2021, is for work in the UK North Sea. It did not say who the client was…
Offshore wind turbine constructor Siemens Gamesa has secured a firm order for the supply of wind turbines for Ørsted’s Gode Wind 3 offshore wind farm in Germany.The 242 MW offshore wind farm will feature the first installation in German waters of the company’s SG 11…
Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil.Enauta has been…
InterMoor, Acteon’s moorings and anchors subsidiary, has been awarded a contract with Chevron in Thailand for the disconnection and removal of Single Point Mooring (SPM) Buoy 1 and 2 in the Gulf of Thailand.InterMoor will provide project management…
Mayflower Wind, a U.S. offshore wind joint venture between Shell and Ocean Winds, has been awarded the right to provide 400 MW of offshore wind power by the Commonwealth of Massachusetts and its three biggest utilities as part of Massachusetts’ 83C III offshore wind energy procurement…
Italian subsea power cable maker Prysmian said Friday it had secured contracts worth $900 million in the U.S. offshore wind market.Both projects have been awarded by Vineyard Wind, a joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners (CIP)-Worth around $300 million…
Dutch floating oil and gas production firm SBM Offshore has secured a $620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão, to be deployed in Brazil for Petrobras.The FPSO Alexandre de Gusmão will…
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