SBM Offshore has entered into a shareholders' agreement with long-standing business partner NYK to divest a 45% ownership interest in the special purpose companies related to the lease and operation of the Chalchi floating storage and offloading (FSO) unit.The offshore energy services provider said it would remain the majority shareholder with a 55% ownership interest. The proposed transaction remains subject to several conditions precedent and approvals…
Iberdrola has completed the inter-array cable installation campaign for its Windanker offshore wind farm in the German Baltic Sea.The campaign was carried out by Van Oord and involved the installation of 21 inter-array cables, with 28 km of cable laid and buried…
Aramid hybrid rope cuts snap-back risk and deck contamination on 6,000m OSVWhen Stabbert Maritime configured its multipurpose support vessel Ocean Guardian for continuous deepwater operations, the company expected the lifting system to be a workhorse…
Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…
French oil major TotalEnergies made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told French newspaper Le Figaro in an interview published on Thursday…
SLB and Vår Energi have expanded their digital collaboration to scale well planning and integrated field development planning across operations on the Norwegian Continental Shelf.The agreement expands deployment of SLB’s Delfi digital platform…
U.S. oil major Chevron has filed an official request to take over a 70% stake from Greece's Helleniq Energy in an offshore block southwest of Greece, the Greek energy ministry said on Thursday, in a move that would further expand the United States' presence in the Mediterranean…
Polish oil refiner Orlen is seeking a partner for its planned Baltic East offshore wind project, CEO Ireneusz Fafara told reporters on Thursday.The 1-gigawatt wind farm will neighbour Orlen's most advanced offshore project, the Baltic Power site which the company is currently finishing…
TotalEnergies has filed an application for the Single Authorization of its 1.5 GW Centre Manche Energies offshore wind project off the coast of Normandy, marking a key milestone in the development of what the company described as France’s largest renewables project…
NOPSEMA has released Australia’s Offshore Energy Industry Performance Report 2025, providing an overview of offshore energy activity and performance across Australia’s regulated jurisdictions.The report draws on regulatory data, inspection and assessment findings…
Mexican billionaire Carlos Slim said on Tuesday that a deepwater natural gas project his company Grupo Carso agreed to develop alongside state-run oil company Pemex is 'irrational,' raising questions about the future of the project.The Lakach…
Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1.8 GW of offshore wind capacity, the Danish Energy Agency has informed.The bids cover the Nordsøen Midt (Central North Sea) and Hesselø offshore wind areas…
Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government…
QatarEnergy has acquired participating interests in three exploration blocks offshore Uruguay from BG International Limited, a subsidiary of Shell.Under the agreements, QatarEnergy has acquired an 18% interest in block ‘OFF-4’, while Shell held 32%…
Eco Wave Power, via its U.S. subsidiary, has joined NVIDIA’s Inception program as the wave energy company explores artificial intelligence (AI) applications for renewable energy infrastructure and energy management systems.Eco Wave Power U.S…
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