Latest News - page 448

 

Record Orders, Strong Sales Drive Strong Q2 for Siemens Energy

May 15, 2023

Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter sales and lifted its revenue outlook, as strong demand pushed the firm's order book past the 100 billion euro ($110 billion) mark…

Buyout House Apollo Rules Out Takeover of Britain's Wood Group

May 15, 2023

U.S. private equity firm Apollo Global Management on Monday said it would not proceed with a takeover offer for British oilfield services and engineering firm John Wood Group after tabling an exploratory bid last month.Apollo had until later…

Noble Secures $500M Deal with Petrobras for Ultra-Deepwater Drillship

May 15, 2023

Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…

REM Purus' New CSOV Named in Aalesund, Norway

May 12, 2023

Commissioning Service Operation Vessel (CSOV) REM Power was named at a ceremony in Aalesund, Norway on Friday.The Rem Power, owned by Rem Purus, designed to offer services and maintenance operations at offshore wind farms, was named in the center…

Ireland Awards Four Contracts in First Offshore Wind Auction

May 12, 2023

Ireland awarded contracts to four offshore wind projects with the potential to produce 3.1 gigawatts of capacity in its first-ever offshore wind power auction, the government announced on Thursday.The schemes were awarded at a weighted average strike price of 86…

Japan Picks Five Promising Zones for Offshore Wind Farms

May 12, 2023

The Japanese government said on Friday it had chosen five sites off the coast of Hokkaido as 'promising zones' for developing offshore wind farms, marking the second stage in a three-part selection process. The move comes as Japan looks to accelerate…

Shell Awards Noble Voyager Drillship Contract for Deepwater Exploration in Mauritania

May 12, 2023

Offshore drilling firm Noble has secured a contract with Shell for the 7th generation drillship Noble Voyager.Under the contract with Shell, the Noble Voyager drillship will drill one deepwater exploration well offshore Mauritania. The contract…

Port Esbjerg Welcomes Jan De Nul's Mega Jack-up Voltaire

May 12, 2023

Jan De Nul's new offshore installation jack-up vessel Voltaire has called the port of Esbjerg in Denmark to mobilize for an offshore wind farm installation project in the North Sea.The Voltaire, delivered in December from China's COSCO shipyard…

Petra Energy Wins HUC Deal for World's Largest Offshore CCS Project

May 12, 2023

Petra Energy's Petra Resources subsidiary has been awarded a subcontract from Malaysia Marine and Heavy Engineering Sdn. Bhd. (“MMHE”) for Hook Up and Commissioning (HUC) Works for Kasawari Carbon Capture and Storage Project.In November 2022…

Largest Vessel in Solstad Fleet, Normand Maximus, Set for Long-Term Hire with Unnamed Subsea Contractor

May 12, 2023

Norwegian offshore vessel operator Solstad Offshore said Friday it had has received a Letter of Intent from an undisclosed subsea contractor for hire of the construction support vessel (CSV) Normand Maximus.The subsea contractor would hire the…

Siemens Gamesa Installs First Wind Turbine at Iberdrola's Saint-Brieuc Offshore Wind Farm

May 12, 2023

Spanish offshore wind developer Iberdrola said Friday it had installed the first wind turbine at the offshore farm in the bay of Saint-Brieuc, France.The installation of the first of 62 wind turbines for the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy…

OX2 to Sell 49% Stake in Three Finnish Offshore Wind Projects to Ingka

May 12, 2023

Sweden-based renewable energy firm OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. According to OX2, the three offshore wind projects will have the potential to reach a total installed capacity of about 6…

Prysmian Still Prudent on Full-year Forecast after Q1 Core Earnings Beat

May 12, 2023

Prysmian, the world's largest cablemaker, said on Thursday its core earnings jumped 48% in the first quarter, beating estimates, as it continued to profit from global trends in energy transition and electrification.However, despite strong quarterly results…

Equinor Makes Gas/Condensate Discovery in Norwegian Sea

May 12, 2023

Norwegian oil company Equinor Energy has made a gas/condensate discovery in the offshore licence 255 B, about 25 km south of the Kristin field in the Norwegian Sea.The primary exploration target for the well was to prove petroleum in Middle and Lower Jurassic reservoir rocks (the Garn…

Subsea 7 Secures Major Contract for Two-Phase Subsea Development Project

May 12, 2023

Offshore installation services firm Subsea 7 said Friday it had won a major contract for a two-phase subsea development with an unnamed client.The first phase has been recorded in the backlog of the Subsea and Conventional business unit in the second quarter of 2023…

Current News

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

UK Firm Seeks Suppliers to Bui

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Brava Energia Inks $65M Deal w

Record Offshore Wind Auction Required for UK to Meet Targets

Record Offshore Wind Auction R

First French Floating Wind Farm Fully Commissioned

First French Floating Wind Far

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine