French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry.The acquisition price is $17…
Following the capacity reservation agreement signed in November 2023, French cable maker Nexans has signed an agreement with SSEN Transmission to produce and install the cable that will connect Orkney Isles with the U.K. mainland.The contract…
BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…
High-technology offshore wind companies Rovco and Vaarst have entered into merger, creating a new brand Beam to boost their offshore wind services.In uniting their capabilities across research, development, and deployment, Beam will provide…
Italian offshore energy services firm Saipem has secured contract extension with Aker BP for its Scarabeo 8 semi-submersible drilling rig, in operation offshore Norway.The contract for Saipem’s Scarabeo 8 for has been extended until the end of 2026…
The European Investment Bank (EIB) and the Irish Department of Transport have established an advisory cooperation to assess capacity, demand and financing strategies for the development of offshore renewable energy port infrastructure, which…
Offshore drilling contractor Northern Ocean has appointed Eirik Sunde as the new Chief Commercial Officer.Effective as of December 1, 2024, Sunde will join Northern Ocean from Transocean, where he has served as Senior Marketing Manager, overseeing commercial processes for the Norwegian sector…
Renexia, through its subsidiary Renext Solutions, has signed a front-end engineering and design contract (FEED) with Aker Solutions to design the underwater substations for Med Wind project, a 2.8 GW floating wind farm in the Mediterranean Sea…
The Vesterhav Nord and Vesterhav Syd offshore wind farms, developed by Vattenfall with a combined capacity of 344 MW, have been officially inaugurated offshore Denmark.The two, almost identical wind farms, are located off the Danish west coast and consists in total of 41 wind turbines…
French subsea power cable maker Nexans has unveiled plans to invest $99 million (€90 million) in the construction of new and the upgrade of existing facilities to support the development of offshore wind and subsea interconnections in Europe…
Transmission system operator TenneT and marine engineering and construction company Seatrium have held a strike steel ceremony at Tuas Boulevard Yard in Singapore, marking the start of construction of offshore platform IJmuiden Ver Beta, one of the first Dutch 2 GW grid connection projects…
Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, has submitted a scoping report for the onshore infrastructure related to its 1 GW Bowdun offshore wind farm in Scotland.The report provides information on the…
Van Oord’s new cable laying vessel (CLV) Calypso is gearing up for its debut at RWE’s 1.4 GW Sofia offshore wind farm in the UK.The inter-array cables have been loaded onto Calypso CLV at the Port of Blyth in the UK, ahead of its first job at RWE’s biggest offshore wind…
Equinor-operated Troll B and C platforms in the North Sea have become partly powered from shore, which will result in the reduction of annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes of CO2.The achievement is in…
Oilfield services firm Archer has secured a new five-year platform drilling contract with OKEA for work at Brage development, offshore Norway.The new contract has an initial estimated value of $79 million (NOK 850) million over a firm five-year…
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