Norwegian offshore vessel owner DOF has completed the sale of the Skandi Neptune construction support vessel.DOF had agreed to sell the 2001-built vessel to an unnamed 'international buyer,' in September 2021. It, at the time, said the 104.2 meter-long vessel…
Oil and gas driller ADES Holding, backed by Saudi Arabia's sovereign wealth fund, began marketing its initial public offering on Sunday, seeking 12.50 riyals to 13.50 riyals a share.ADES plans to raise as much as 4.57 billion riyals ($1.22 billion)…
The Northern Lights carbon capture and storage JV in Norway is increasing CO2 shipping capacity with its third LCO2 carrier. Like the first two vessels, the gas equipment specialist Svanehøj will supply the cargo pump system. 'The three ships are the world's largest of their kind…
Japan's Mitsui O.S.K. Lines (MOL) will invest in a floating wind technology start-up, TouchWind.TouchWind is developing the tilting angled one-piece rotor wind turbine which is expected to reduce wind interference between wind turbines that…
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone liquefied natural gas facilities as unions prepare for full-scale strikes…
DNV has been awarded a contract by the Equinor and Polenergia S.A. owned joint ventures, MFW Bałtyk II sp. z o.o. and MFW Bałtyk III sp. z o.o for the certification of the Baltyk II and Baltyk III offshore wind farms in the Baltic Sea, offshore Poland…
Dutch offshore installation contractor Van Oord on Saturday held a christening ceremony in Rotterdam for its new cable laying vessel Calypso.'The Calypso is equipped with the latest sustainable technologies and will be a key strategic addition to Van Oord’s offshore wind fleet…
The UK North Sea Transition Authority (NSTA) is expected to take on the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal.The move is intended to support the industry by enabling…
Formosa 2 offshore wind project in Taiwan has achieved commercial operation date (COD), becoming the first Round 2 offshore wind project in Taiwan to reach this milestone.The Formosa 2 offshore wind project is a joint development project by JERA (49%)…
Offshore wind power developers warned on Friday that Britain's climate goals could be at risk after a subsidy auction for new renewable energy projects did not attract any investment in those planned off British coasts.Britain is aiming to develop 50 gigawatts (GW) of offshore wind capacity by 2030…
Workers at Chevron's liquefied natural gas (LNG) projects in Australia, which produce 5.1% of the world's supply of the super-chilled fuel, went on strike on Friday after mediation talks ended without a deal.WHAT'S NEXT?Unions kicked off action with short work stoppages and bans on certain tasks…
Tidal energy developer Orbital Marine Power Ltd has been awarded two Contracts for Difference (CfDs) for 7.2MW in the UK Allocation Round 5 (AR5) process. 'This builds on Orbital’s success in the previous year’s Allocation Round 4, where it secured contracts for 7…
Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners.In a 2022 auction…
Italian offshore services firm Saipem has won two new contracts for offshore activities in Ivory Coast and Italy for an overall amount of 850 million euros (currently around $909,8 million).The first contract has been awarded to Saipem by Eni Côte d’Ivoire and its partner Petroci…
Eversource Energy has sold the uncommitted lease area of approximately 175,000 developable acres located 25 miles off the south coast of Massachusetts to Danish offshore wind farm developer Ørsted for $625 million in an all-cash transaction…
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