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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Gulf Marine Services, a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, said Wednesday it had secured three new contracts for its rigs, with a combined duration of 31 months…
Offshore drilling company Valaris has secured a contract extension for its VALARIS JU-250 (ex-Bob Palmer) jack-up drilling rig.The 200-day extension to the charter has been agreed with ARO Drilling a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco…
TechnipFMC said on Tuesday it has been awarded a subsea contract by Petrobras for the Búzios 6-9 fields, located in the deepwater Santos basin offshore Brazil.TechnipFMC, which called the award is 'substantial', worth between $250 million and $500 million…
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