FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…
Mammoet reports it has executed its first operation, the transport of two topsides, using low-carbon HVO fuel in Mammoet’s SPMT powerpacks. HVO is an alternative to traditional diesel, made primarily from waste and residues, such as waste cooking oil…
Oil and gas company IOG, focused on developing gas fields in the Southern North Sea, off the UK, has signed a gas sales agreement with Gazprom Marketing & Trading Limited ('GM&T').The contract follows a competitive offtake process involving more than 10 bidders over recent months…
Norwegian offshore vessel owner Eidesvik Offshore has won a contract with offshore installation firm Havfram for its construction support vessel Viking Neptun. The contract will start in early January 2022 with a firm period towards the end of the third quarter of 2022…
New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…
UAE shipbuilder Grandweld Shipyards reports it has delivered four crew boats for Saudi-based offshore oil and gas services provider High Seas Marine Industrial Services Co. (HSM).The newbuilds were handed over within a span of 14 months, despite the numerous challenges of the pandemic…
Oil giant BP, working to reimagine itself and become a wider energy company, has joined Statkraft and Aker Offshore Wind in a consortium bidding to develop offshore wind energy in Norway.The partnership – in which bp, Statkraft and Aker Offshore Wind will each hold a 33…
Tom Selwood has been appointed Chief Financial Officer of Aker Offshore Wind, the recently established Norwegian floating wind developer. Selwood joins the company from Aker Horizons’ commercial finance unit where he has worked with M&A and financing for offshore wind projects…
North Sea-focused oil and gas company IOG has installed the Blythe and Southwark gas platforms at their respective offshore field locations in the UK.Located in the southern North Sea, the two usually unmanned, remotely controlled platforms…
Danish wind turbine maker Vestas has won a contract to deliver 50 wind turbines for Spanish renewable energy firm Iberdrola's Baltic Eagle offshore wind project being developed off the island of Rügen, in German waters of the Baltic Sea. The…
Continued disruption to Scotland’s offshore wind sector risks the loss of billions of pounds of long-term investment and the country's 'vital 2045 climate change target,' Scottish Renewables, a body representing interests of the Scottish renewable energy industry has warned…
The world’s first 100,000-ton deepwater semi-submersible production and storage platform, which is built to ABS Class, has been launched in China.China National Offshore Oil Corporation (CNOOC) will now begin installation and commissioning on the China-built platform - named “Deep Sea No…
UK-based oil firm Independent Oil & Gas has informed that work on the construction of the two platforms being built for its North Sea development project was progressing well with delivery scheduled for 1Q 2021. The company also said it would appoint new COO in the coming weeks…
UK-based oil firm Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 in the North Sea to Noble Corporation.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted…