Ørsted has signed an agreement with Taiwan-based Cathay Life Insurance and its affiliate Cathay Wind Power Holdings for the sale of 50% stake in 583 MW Greater Changhua 4 offshore wind farm in Taiwan for $1.63 billion.Ørsted will continue to own the remaining 50 % ownership stake in the wind farm…
Muir Mhòr Offshore Wind Farm, developed by joint venture partners Fred. Olsen Seawind and Vattenfall, has submitted both offshore and onshore consent applications to Scottish authorities.The project is the first fully floating offshore wind…
ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector.Proper Marine will be merged with ABL’s design and engineering arm Longitude…
Dutch company KOTUG International has secured a contract from BP to provide marine services to the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.KOTUG International and its local Senegalese partner Maritalia have been awarded a long-term fixed-term contract…
Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer…
East Timor has talked with Chinese firms including state-owned Sinopec about developing the stalled Greater Sunrise gas field, President Jose Ramos-Horta said on Wednesday, after disagreements with Australia over the shared field's future.The field…
Petrobras' new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said on Monday, as the Brazilian state-runfirm looks to rebuild oil and gas reserves.Melgarejo told Reuters that the 2025-2029 plan…
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…
Danish subsea cable and services firm NKT, in close collaboration with SSEN Transmission, has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link.The 320 kV HVDC interconnector…
Great British Energy, a new UK government-owned clean energy company, and the Crown Estate have entered into partnership, which could facilitate up to 20-30 GW of new offshore wind developments reaching seabed lease stage by 2030.Great British Energy (GB Energy) Bill…
Pulse Structural Monitoring, a brand in marine energy and infrastructure services company Acteon, has been awarded a contract by Ørsted Taiwan to deliver measurement and associated data acquisition systems for the Greater Changhua 2b and 4 offshore wind farms…
Ponticelli Angoil has been awarded an engineering, procurement, and construction (EPC) services contract by oil and gas company Azule Energy for work offshore Angola.Ponticelli’s UK-based consortium, PBS, will provide expert engineering and procurement services support on this three-year contract…
A new construction service operations vessel (CSOVs) being built by Norwegian shipbuilder Ulstein Verft for Olympic has completed sea trials.The newbuild, Olympic Boreas, launched from the dock hall at Ulstein Verft on April 6, is the first of two sister vessels for Olympic…
East of England Energy Group (EEEGR) and Norwegian Offshore Wind (NOW) have signed a memorandum of understanding (MoU) to strengthen collaboration between the supply chains in Norway and the East of England.EEGR and NOW share a joint focus on developing world leading supply chains in offshore wind…
Philly Shipyard has laid the keel for Great Lakes Dredge & Dock Corporation's subsea rock installation vessel, Acadia—the first Jones Act compliant rock placement vessel for the U.S. offshore wind industry.A May 2 keel-laying ceremony saw the vessel's first grand block loaded into the building dock…
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