U.K. investment firm Inspirit Capital announced it has completed the carve-out of CWind, a provider of offshore wind support services, from Global Marine Group.CWind completes approximately 60,000 crew transfers annually, utilizing its fleet of crew transfer vessels (CTV)…
Dutch and British wholesale gas prices rose on Monday morning as workers at Chevron liquefied natural gas (LNG) facilities voted to restart strikes, expectations of colder weather, and amid fears of tension in the Middle East region.The Dutch November contract rose by 3…
Preparations were underway to inspect a subsea gas pipeline connecting Finland and Estonia after a sudden drop in pressure was detected, Finnish gas system operator Gasgrid said on Monday.The Balticconnector link was shut early on Sunday on…
Repairing a subsea gas pipeline connecting Finland and Estonia that was shut on Sunday due to a suspected leak could take months or more if a puncture is confirmed, Finnish gas system operator Gasgrid said.The Balticconnector pipeline suffered a sharp drop in pressure…
Danish offshore wind turbine maker Vestas has recently secured a 960 MW firm order for its flagship offshore wind turbine, V236-15.0 MW.The order includes 64 V236-15.0 MW wind turbines for the He Dreiht project located in the German waters of the North Sea…
Macquarie is considering selling its 25% stake in Race Bank, a 573-megawatt offshore wind farm located off Britain's Norfolk coast, according to two sources with knowledge of the matter.The infrastructure group is working with advisors on the sale…
Norwegian offshore vessel owner DOF has chartered the Stril Explorer vessel from Simon Møkster Shipping. The charter is a bareboat with a firm duration of 3 years plus 4 annual options. Financial details were not disclosed.'The vessel will be utilized on the recently awarded PIDF project…
Norwegian partners are planning to build a series of zero-emissions platform supply vessels (PSV) equipped with Amogy's ammonia-to-power technology.Green Ships AS, a consultancy specialized in the design and construction of environmentally friendly vessels…
Petrolia Noco has signed an agreement with Vår Energi ASA to acquire Vår Energi’s 12.2575% participating interest in the Brage field offshore Norway with an effective date of January 1, 2023.Net production (12.2575% WI) from the Brage field in the first half of 2023 was 1…
TotalEnergies has selected Elemental Energies to support what has been described one of the largest subsea decommissioning campaigns to be undertaken in the North Sea.'The decommissioning of the wells portfolio in the Gryphon field [in the…
The chief economist of oil major Equinor said on Wednesday that Europe could reduce carbon dioxide emissions by 70% by 2050, but said oil and gas investments must continue in ordre to keep pace with growth in demand. The CO2 cuts will mainly be due to the region's growth in electrification…
Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and…
Dutch offshore installation services company Van Oord is set to start the cable installation works on Iberdrola's Baltic Eagle offshore wind farm in Germany.'After Van Oord’s heavy lift installation vessel Svanen completed installation of all…
Renewable energy firm RWE said Wednesday it was funding a study to investigate the quayside offload and launch of two types of floating offshore wind platforms – one steel and one concrete – alongside the integration of next-generation wind turbine generators onto these platforms…
The Boskalis heavy lift installation vessel, Bokalift 2, arrived in Invergordon port on October 1, ready to start loading the first batch of three monopiles for installation at the Moray West offshore wind farm. The first major component installation…
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