Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Funds, has been awarded two licenses for the development of offshore wind projects in Australian state of Victoria, whose combined capacity is up to 4.4 GW.CIP has secured exclusivity…
Mainstream Renewable Power, as part of the Gippsland Skies Offshore Wind consortium, has secured a feasibility license from the Australian government for a fixed-bottom 2.5 GW offshore wind project off the Gippsland region of Victoria.The feasibility…
The Australian government has granted a feasibility license for Ørsted’s first offshore wind project in Australia and intends to grant a license for a second project, subject to consultation. The combined potential capacity of the two projects stands at 4…
Yinson Production has closed the limited recourse term loan facility of up to $1.3 billion for the pre and post-delivery financing of the Agogo FPSO, whish is set for deployment on Azule Energy’s development offshore Angola.The financing is provided by a consortium of 13 lenders…
Floating production solutions specialist Amplus Energy and Nigeria-based Versatile Group (VG Energy) have set up a joint venture Amplus VGE to unlock lucrative marginal fields in West Africa.With the support from Norway’s Carbon Circle, the…
UK-based offshore energy supply chain company Balmoral Comtec has secured a multi-million-dollar contract from for Ørsted for the supply of cable protection systems (CPS) for its Hornsea 3 offshore wind project.The scope of work includes design…
Offshore drilling company Valaris has secured new contracts and extensions for its drilling rigs, increasing its contract backlog to approximately $4 billion.Since its latest fleet status report, issued on February 15, 2024, Valaris has secured…
Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District…
Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain's East Anglia ONE offshore wind farm to renewable energy asset manager NTR.East Anglia ONE is a 714 megawatt wind farm, located in the North Sea, 43 km (27 miles) off the Suffolk coast…
Subsea engineering and technology company SMD reports it has spent more than £300,000 this year to make environmental improvements to its Wallsend, U.K. headquarters.The firm, which plans to achieve its ISO 14001 environmental standard certification by the end of the year…
German shipowner Windward Offshore has ordered 3D Electric Controlled Motion Compensated (ECMC) cranes from Seaonics for two Commissioning Service Operation Vessels (CSOVs) being built by Norwegian shipbuilder VARD.The order marks Seaonics' first equipment delivery to Windward Offshore…
Petrobras has signed a memorandum of understanding with the State of Rio Grande do Norte for studies on the feasibility of implementing an offshore wind pilot project in Brazil’s northeastern state.The value of the investment and the generation capacity will be assessed as the project develops…
Canadian marine technology company Kraken Robotics has secured $11 million of new contracts since the start of the year.The work scope of the contracts will be completed in 2024, Kraken Robotics said.The contracts consist of a $8 million Acoustic Corer deal signed earlier in April…
Oilfield services firm Archer has secured a two-year contract extension for platform drilling services in the UK with an estimated contract value of $40 million.The extension will start on May 1, 2024 in direct continuation of the current contract…
UTEC, a geo-services brand in Acteon’s Data and Robotics division, has been awarded an offshore survey and positioning contract for the Taiwan Power Company's (TPC) Phase 2 offshore wind farm project in Taiwan. The contract further reinforces…
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