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…
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…
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…
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 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…
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…
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…
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'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…
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…
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…
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, 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…
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…
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…
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