Offshore wind developer Ocean Winds on Thursday announced the Final Investment Decision for the Dieppe Le Tréport offshore wind farm in France. The project of around 500 MW in France represents a total investment of €2.7 billion, said the company…
Scotland-based Swift Anchors, developing anchoring solutions for the global offshore renewable energy and aquaculture industries, has secured a UK£395,000 grant from the Offshore Wind Growth Partnership (OWGP).Swift Anchors, a subsidiary of AQUOS SCHOTTEL Marine Technologies since October 2022…
The Norwegian offshore safety authority PSA Norway has launched an investigation into an April 22 incident on the Statfjord B offshore platform where a worker suffered facial injuries after getting hit by a 34-kilogram piece of equipment.The incident happened on Saturday…
Danish transmission system operator Energinet and German counterpart Amprion said on Thursday they will study the development of a hybrid electricity interconnector between Denmark and Germany, tying in offshore wind power.'An interconnector…
DNV has started a new Joint Industry Project (JIP) to increase certainty in the design process for wind farms challenged by earthquakes. The so called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) JIP…
Jesper Kragh Andresen is stepping down as CEO of offshore accommodation firm Prosafe after more than 6 years in the position.He will continue with his current role until his successor is in place. Jesper Kragh Andresen said: 'It has been a privilege…
Oilfield services provider Petrofac on Thursday reported a steeper full-year operating loss, hit by cost overruns at its largest division amid contractual and commercial issues. Petrofac saw a rise in orders last year, as it benefited from high…
Offshore wind developer RWE has entered a long-term vessel supply agreement with offshore vessel owner Acta Marine that it says paves the way for the decarbonization of offshore wind farm operations.The agreement is to build and operate two ‘green’ service operation vessels…
Capricorn Energy plans $575 million in shareholder payouts under a new CEO with experience of renegotiating Egyptian licenses, it said on Thursday, after two mergers failed amid investor revolts that also toppled its previous leadership. The…
Neptune Energy and its partner, Spirit Energy, on Thursday announced production start-up from the eleventh well at its operated Cygnus gas field in the southern North Sea.The new well is expected to produce approximately 4,000 boepd, enough gas to heat approximately 200…
Singapore's Sembcorp Marine has ordered from ABB the complete electrical system automation for the P-82 FPSO Sembcorp Marine is building for the Brazilian oil company Petrobras.The P-82 FPSO, ordered by Petrobras in October 2022, will be one…
FPSO leasing company BW Offshore said Wednesday it had signed another short-term extension for the lease and operation of the FPSO Espoir Ivoirien.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International. The…
Chinese drilling rig builder CIMC Raffles has delivered the Wan Zuan 3 jack-up rig for operation by COSL in China.The Wan Zuan 3 jack-up drilling rig of F&G SUPER M2 design can operate in a water depth of 300 ft and drill to a depth of 30,000 ft…
Ranhill Worley has secured a $50 million contract with Saipem's subsidiary Servizi Energia Italia to perform detailed engineering design for two compression complexes associated with the North Field Production Sustainability (“NFPS”) Offshore Compression Complexes Project in Qatar…
Challenger Energy said Wednesday that it had identified three sizeable prospects in its AREA Off-1 offshore block in Uruguay of between 1 to 2 billion barrels and that the company said it would launch a farm-out process 'following unsolicited interest from a number of industry counterparties…
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