North Star, specialist vessel operator for offshore infrastructure support services, has been announced as the first mover on the Midi-SOV – a new offshore wind ship design developed by Chartwell Marine and Vard that bridges the gap between…
Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is…
Oilfield services company Diamond Offshore Drilling this month said it would permanently shut its West Vela rig, which had operated in the U.S. Gulf of Mexico, resulting in 190 job losses, according to a regulatory filing.The job cuts will be effective Aug…
Norway's sovereign wealth fund has bought a 37.5% stake in the 573 megawatts operational wind farm Race Bank offshore Britain for 330 million pounds ($418 million), it said on Monday.The Norwegian fund would also become responsible for a debt facility of 644 million pounds…
Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden administration's proposed rule that would require the offshore oil and gas industry to provide nearly $7 billion in financial assurances to cover costs of dismantling old infrastructure…
Tapping tidal flows for power generation has long been an elusive goal for clean-energy advocates. Formidable hurdles in logistics, technology and public acceptance make plans far from certain.Orcas Power and Light Cooperative (OPALCO) has quietly…
Global consultancy ABL Group has completed the transaction to acquire 100% of the shares of specialist energy consultancy Ross Offshore, which now will merge with ABL Group company AGR.The combination of AGR and Ross Offshore will further strengthen…
Danish wind turbine maker Vestas has signed a conditional agreement to supply 112 of its 15 MW-rated offshore wind turbines for Vattenfall’s and BASF’s Nordlicht 1 and 2 offshore wind projects in Germany.Within the scope of the contract for the supply of V236-15…
Equinor and main French gas transmission operator GRTgaz have signed project development agreement (PDA) to develop a transport system for captured CO2 from industrial emitters in France for permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project…
Back-deck engineering specialist Maritime Developments (MDL) has appointed Derek Lynch as Market Development Manager – Renewables as part of its diversification strategy aimed to strengthen the commitment to renewable energy market.With over…
Kystdesign won a new contract with DOF for two complete Constructor Compact ROV systems, a newly developed compact version of the Constructor ROV which has four systems sold to date.DOF delivers integrated subsea services. 'We are pleased with…
Global energy consultancy Xodus has created a new dedicated renewables engineering arm Evolv Energies to strengthen its capabilities in the offshore markets.Evolv Energies has been formed to deliver a broader engineering service as developments ramp up globally…
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…
France-based tubular solutions supplier Vallourec has secured a five-year contract with energy giant Equinor for the supply of tubes and connections, accessories, and services for oil and gas fields in Brazil.Vallourec low-carbon OCTG solutions…
Crane specialist Liebherr has sold two of its BOS 2600 Board Offshore Cranes to a Canadian customer that will be installed on the floating production storage offloading unit (FPSO) operating off the coast of Newfoundland in Canada.The BOS 2600…
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