Ecowende, a joint venture of Shell and Eneco, has awarded a contract to Van Oord for the construction of the 760 MW offshore wind farm Hollandse Kust (west) lot VI.As Ecowende's contractor, Van Oord will be responsible for transporting and installing the foundations…
Allseas’ construction vessel Pioneering Spirit has started pipelaying work on BP’s ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas’ offshore construction support vessel Oceanic kicked…
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement by which the Norwegian energy industry giant will divest all its remaining assets in Azerbaijan to SOCAR.The assets comprise a 7.27% non-operated interest…
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for a design of Floating Storage and Regasification Unit (FSRU) for ammonia.The ammonia FSRU has been jointly developed by MOL and MHI Group’s Mitsubishi Shipbuilding…
TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for $689 million.Following the farm down, TotalEnergies retains 25.5% of Seagreen offshore wind farm…
Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…
Brazil's state-run oil company Petrobras has signed contracts with Enauta for the sale of its entire stake in in the Uruguá and Tambaú fields, located in the Santos Basin.The amount to be received by Petrobras from the operation is up to $35 million…
Shell has begun cutting jobs beyond previously announced reductions in its low-carbon division, Bloomberg News reported on Thursday citing people familiar with the matter.Roles are being eliminated on a division-by-division basis, with those…
German utility RWE on Thursday said it would acquire three offshore wind projects off the English coast from Sweden's Vattenfall in a deal that values the assets at 963 million pounds ($1.2 billion).The UK Norfolk Offshore Wind Zone portfolio consists of three 1…
Britain's Harbour Energy HBR.L on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with BASF and LetterOne that creates one of the world's largest independent producers.London-listed Harbour…
Cadeler and Eneti have officially completed their merger, creating a leading offshore wind installation company.The New York- and Oslo-listed group will be named Cadeler and be headquartered in Copenhagen, Denmark, with offices across the world in Denmark…
Offshore drilling company Valaris has taken delivery of newbuild drillships VALARIS DS-13 and DS-14 for an aggregate purchase price of approximately $337 million.VALARIS DS-13 and DS-14 will be mobilized from South Korea to Las Palmas in Spain…
Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) because membership is not serving its interests, oil minister Diamantino Azevedo said on Thursday.Angola, which joined OPEC in 2007, produces about 1.1 million barrels of oil per day…
Offshore vessel operator DOF Group has secured three subsea service contracts, valued over $36 million, from Australian-based operators.The contracts will employ construction support vessel (CSV) Skandi Hercules, adding approximately six months of utilization in 2024 and into the first quarter 2025…
TotalEnergies has exercised the first option under the contract for DeepSea Mira semi-submersible drilling rig, extending its contract for 180 additional days for work in West Africa.The owner of the offshore drilling rig Northern Ocean said…
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