Industry News

 

Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

Mar 22, 2023

Japan's top utility JERA has agreed to buy Belgium-based offshore wind energy producer Parkwind for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonization goals.JERA, a joint venture between Tokyo Electric…

New Consortium Pursues Floating Offshore Wind Development in Australia

Mar 22, 2023

Offshore installation firm Subsea 7, Australian company Spark Renewables, and international floating wind farm developer Simply Blue Group have created a consortium to pursue floating offshore wind development offshore New South Wales (NSW)…

GreenIT, CIP to Build Three Floating WInd Farms in Italy

Mar 22, 2023

GreenIT, a joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds have signed an agreement to develop three floating offshore wind projects in Latium and Sardinia…

Partners Press Ahead with Development of Venus Discovery Offshore Equatorial Guinea

Mar 21, 2023

Atlas Petroleum International Limited said Tuesday it would, with its partners VAALCO, and GEPetrol, proceed with the development of the Venus discovery in Block P, Equatorial Guinea.This positive result follows the 8 March 2023 Plan of Development…

UTROV System Chosen Boulder & Debris Clearance at Moray West Offshore Wind Farm

Mar 21, 2023

Scotland-based Utility ROV Services has won a contract for boulder and debris clearance services on the Moray West offshore wind farm in the UK.The manufacturer/operator of the UTROV system will start offshore operations in Q1 2023. The offshore wind farm located in the Moray Firth…

L&T Bags Major Multi-package Offshore Project

Mar 21, 2023

The hydrocarbon business of Larsen & Toubro (L&T), (L&T Energy Hydrocarbon – LTEH), has secured multiple offshore packages from 'a prestigious overseas client.'L&T said Tuesday that the scope of work comprised engineering, procurement, construction & installation of offshore structures…

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

Mar 21, 2023

Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy…

Ørsted Taps Havfram Wind for Hornsea 3 Offshore Wind Farm Turbine Installation

Mar 21, 2023

Denmark-based offshore wind farm developer Ørsted has hired Havfram Wind to install wind turbines at its Hornsea 3 offshore wind farm in the UK.The installation of the turbines is expected to start in the autumn of 2026, with Havfram Wind set…

UK Union Calls Off Strike at BP North Sea Platforms as Pay Deal Secured

Mar 21, 2023

Offshore workers employed by Sparrows Offshore Services on BP’s North Sea installations have called off the strike action after securing an extra three weeks paid leave on BP assets, British union Unite said on Tuesday. The strike involved almost 50 workers at BP's Andrew…

Serica Energy's Acquisition of Tailwind Energy Set to Complete

Mar 21, 2023

Oil and gas company Serica Energy said Tuesday that the conditions precedent in relation to its proposed acquisition of Tailwind Energy from Tailwind Energy Holdings LLP had been satisfied, save for the condition precedent relating to the Admission of the Completion Consideration Shares…

Aker BP Accedes Nine of Ten Offshore Field Plans, as Troldhaugen Project Discontinued

Mar 21, 2023

Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, apart from for one. The Troldhaugen project in the Edvard Grieg area…

GEOxyz Opens US Office

Mar 20, 2023

Belgium-based offshore survey services provider GEOxyz announced it has opened its first office in the United States, located in New Brunswick, N.J., as it expands to serve the offshore wind energy industry on the U.S. East Coast'The renewable energy industry in the U…

TWP Reveals Names for Two 1GW Offshore Wind Farms in Scotland

Mar 20, 2023

Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, on Monday revealed the final names for its two offshore wind project secured in the ScotWind seabed lease round.The 1GW Bowdun offshore wind farm will be located off the coast of Stonehaven…

Wagenborg to Transport 107 Foundations for Ørsted's Offshore Wind Farms

Mar 20, 2023

Wagenborg Towage confirmed Monday that Jan De Nul had awarded it a contract for transporting 107 monopile foundations for Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany to Eemshaven. Assisted by the tug ‘waterlines’, the first…

Netherlands to Build 500MW Offshore Green Hydrogen Facility

Mar 20, 2023

The Dutch government on Monday said it aimed to build a large production facility to convert wind power into hydrogen in the North Sea.The facility will have the capacity to produce 500 megawatt (MW) of green hydrogen per year and is expected to become operational in 2031…

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