Sif Netherlands and Smulders will build all 87 monopiles and transition pieces for the third phase of the Dogger Bank wind farm located in the North Sea off the North East coast of England.After the award in November 2020 of contracts for Dogger Bank A and B…
Norwegian offshore vessel owner Solstad Offshore is continuing with divestments of non-core vessels and has now sold the Rem Provider platform supply vessel.The vessel, built in 2007, was sold by Solstad Offshore's subsidiary Solstad Rederi…
Denmark-based offshore wind developer Ørsted has signed a 175 million euros (around $200 million) eight-year loan deal with the Nordic Investment Bank (NIB) with the proceeds to be used for the financing of its investment in the Borssele 1 & 2 Offshore wind farm in the Netherlands…
The Crown Estate for England, Wales, and Northern Ireland has this week confirmed plans to unlock up to 4GW of floating wind power capacity in the Celtic Sea 'and help establish a new industrial sector for the UK.'It said Thursday that the leasing…
Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…
Mainstream Renewable Power has received a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc Trang in Vietnam for a 200 MW phase of a 1.4 GW offshore wind project.The project is anticipated to reach a financial close in 2022…
GMS, a provider of self‐propelled, self‐elevating support vessels for the offshore energy industry, has won two contract extensions for its jack-ups.GMS said Thursday the contracts were for a K and S Class vessel and on improved dayrates.'The…
Offshore wind installation firm Seaway 7 has said it has won a sizeable contract for the transport and installation of monopile foundations and transition pieces on the third phase of the Dogger Bank Offshore Wind Farm in the UK, the Dogger Bank C…
Exxon Mobil is in discussions with Dutch contractor SBM Offshore NV to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said.The talks include the potential for some future platform assembly in Guyana…
Oil and gas company Neptune Energy said Friday it had agreed to sell its non-operated interests in three producing fields andtwo export pipelines on the Norwegian Continental Shelf to OKEA ASA and M Vest Energy AS.The assets Neptune is divesting include the producing Draugen…
Output from Equinor's Johan Sverdrup oilfield, western Europe's largest, has been fully restored, a spokesperson for the Norwegian firm said on Friday.The North Sea field, which has an output capacity of around 535,000 barrels of oil per day…
Operational risk management company ABSG Consulting Inc. and marine offshore and engineering consultancy Global Maritime announced their alliance to support the U.S. offshore wind sector. Global Maritime's U.S. subsidiary, American Global Maritime Inc…
Australian offshore services firm MMA Offshore has acquired 49.9% of the shares in the Taiwanese survey company Global Aqua Survey Ltd to form a new joint venture, the MMA Global Aqua JV, which will target the quickly growing offshore wind sector in Taiwan…
India's petroleum ministry has asked state-run explorer Oil and Natural Gas Corp to consider selling a 60% stake in its two major oil and gas fields to private companies to boost output, a government source said on Thursday.India, the world's third-biggest oil consumer and importer…
Offshore wind installation services company Cadeler has signed a firm contract with Ørsted for a wind turbine installation vessel to be used on Ørsted’s two German offshore wind projects, Gode Wind 3 and Borkum Riffgrund 3.The firm contract…
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