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OPEC+ Meets to Decide on Oil Output Policy

Jul 01, 2021

The OPEC+ group of oil producers meets on Thursday to decide on a further easing of output cuts next month and could also consider extending its overall supply pact beyond April 2022, sources within the group told Reuters.The group comprising…

Aker Solutions, AF Gruppen to Merge Offshore Decommissioning Businesses

Jul 01, 2021

Norwegian Engineering and construction groups Aker Solutions and AF Gruppen have signed a Letter of Intent (LOI) to merge the two firms’ existing offshore decommissioning operations.They've agreed to merge the offshore decommissioning operations…

Orsted, EDF-Shell JV Wind New Jersey Offshore Wind Farm Tenders

Jul 01, 2021

New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…

Report: Angola Owes $1 Billion to Western Oil Firms

Jun 30, 2021

Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters…

Aker BP Presses Ahead with Kobra East & Gekko Development. Tie-back to Alvheim FPSO Planned

Jun 30, 2021

Norwegian oil and gas company Aker BP has filed a plan for development and operation (PDO) for Kobra East & Gekko (KEG) offshore development in the North Sea, offshore Norway.Total investments in the project are projected at around NOK 8 billion (appr…

VIDEO: More Than 100 New Offshore Wind Vessels Needed by 2030 to Meet Demand

Jun 30, 2021

Over 100 new offshore wind turbine and foundation installation and maintenance vessels will be required for offshore projects planned over the next decade, as the number of proposed projects grows, but also as the turbines and foundations get larger…

Vestas, Iberdrola Confirm Baltic Eagle Offshore Wind Turbine Contract

Jun 30, 2021

Offshore wind turbine maker Vestas said Wednesday it had finalized the turbine supply deal with Spanish renewables giant Iberdrola for the Baltic Eagle offshore wind farm in Germany.The wind farm is being developed off the island of Rügen, in German waters of the Baltic Sea…

Equinor, Partners Move to Develop Norwegian Sea Discoveries

Jun 30, 2021

Norwegian oil and gas firm Equinor has, with its partners Petoro, Vår Energi and Total E&P Norge, decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field, in the Norwegian Sea offshore Norway…

Scottish, French Firms Partner Up to Speed Up Tidal Energy Development

Jun 30, 2021

Tidal technology companies Nova Innovation from Scotland and Sabella from France, have signed a Memorandum of Understanding (MoU) to speed up the development of tidal energy sites for both Scottish and French companies.The company said they'd…

Carnarvon Picks Jack-up Rig for Buffalo Well in Timor Sea

Jun 30, 2021

Australian oil company Carnarvon Petroleum has selected a jack-up drilling rig for the Buffalo-10 well offshore Timor-Leste, planned to be drilled in October of this year.The company has signed a letter of intent with an undisclosed offshore drilling contractor…

NKT Nets Firm Order for Dogger Bank C Export Cables

Jun 30, 2021

Danish offshore cable supplier NKT has secured the high-voltage turnkey order for the Dogger Bank C, the third phase of what will be the world's largest offshore wind farm, in the UK.NKT had previously entered into a Preferred Supplier Agreement…

Poland: Ocean Winds Awarded CfD for B&C-Wind Offshore Wind Farm

Jun 30, 2021

Ocean Winds (OW),  an EDP Renewables - ENGIE joint venture, has been awarded a contract-for-difference (CfD) for 369,5 MW by the Polish authorities for the B&C-Wind offshore wind farm. The wind farm site is located in the Exclusive Economic Zone of Poland’s Baltic Sea…

Cadeler Orders Offshore Wind Industry's 'Largest' Installation Vessel Duo

Jun 30, 2021

Offshore wind installation company Cadeler has ordered two new X-class wind turbine installation vessels from China's COSCO SHIPPING Heavy Industry.The total order amounts to $651 million, so $325.5 million per vessel. According to Cadeler, the new vessels will…

NOV Joins Cerulean's Giant Floating Wind Project in UK as Delivery Partner

Jun 30, 2021

Low-carbon infrastructure developer Cerulean Winds has named NOV as the first of its delivery partners for the fabrication of its proposed integrated 200-turbine floating wind and hydrogen development off the coast of Scotland.As previously reported…

Havfram Extends Normand Vision CSV Charter

Jun 30, 2021

Norwegian offshore vessel operator Solstad Offshore ASA has been awarded a contract with Havfram, previously known as Ocean Installer, for the construction support vessel Normand Vision. The Normand Vision contract will start in direct continuation…

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