Lease Sale News

 

RWE Inks O&M Deals with Clarkson Port Services for Nordseecluster OW Project

Jun 10, 2025

RWE Offshore Wind has awarded two long term agreements to Clarkson Port Services to support the operations and maintenance activities at its 1.6 GW Nordseecluster offshore wind project.The Dutch division of Clarkson Port Services will build a new warehouse facility in the port of Eemshaven…

Equinor and Centrica Ink $27B Long-Term Gas Sales Agreement for UK

Jun 05, 2025

Equinor and Centrica have signed long-term gas sales agreement of 55 TWh of natural gas per year, or around 5 billion cubic meters – bcm, for a period of 10 years, to be delivered to U.K.Starting October 1, 2025 at terms reflecting market prices…

OWC, Empire Engineering Secure Work on Scottish Offshore Wind Farms

Jun 05, 2025

OWC and Empire Engineering have been selected to provide owner’s engineering services at the Ayre and Bowdun offshore wind farms, supporting Thistle Wind Partners (TWP), a consortium composed of DEME, Qair and Aspiravi, from concept selection through to further design phases…

SBM Offshore Exits Equatorial Guinea with Aseng FPSO Divestment

Jun 05, 2025

SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol.SBM Offshore’s exit from Equatorial…

Tullow Oil Lines Up Production Extension for Jubilee and TEN fields off Ghana

Jun 04, 2025

Tullow Oil and its partners have signed a memorandum of understanding (MoU) with the Government of Ghana to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses to 2040, which cover the Jubilee and TEN fields off the West African country…

Wind Opponents Sue to Block Empire Wind

Jun 03, 2025

Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration's decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York's coast.Protect Our Coast New Jersey…

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

May 30, 2025

Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…

TotalEnergies Sells Bonga Field Stake to Shell for $510M

May 29, 2025

TotalEnergies has signed an agreement with Shell for the sale of its non-operated interest in the Bonga field, offshore Nigeria, for $510 million.TotalEnergies, through its subsidiary TotalEnergies EP Nigeria, agreed the sale of its 12.5% interest…

Cold Spray Technology: Parts Production Faster, Cheaper.

May 25, 2025

Titomic is ‘leading the future’ with Cold Spray Solutions, additive manufacturing of new products and components for newbuild and repair projects. Chris Myers, SVP Global Growth; and James Caldwell, Regional Sales Manager APAC, discuss the advantages…

BW Energy’s Gabon Unit Takes Over O&M Tasks for BW Adolo FPSO

May 21, 2025

BW Offshore and BW Energy have announced that operations and maintenance (O&M) of the floating, production, storage and offloading (FPSO) vessel BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon.Under an amended bareboat charter…

Russian Arctic LNG 2 Starts Second Production Train

May 20, 2025

Russia's Arctic LNG 2 plant, which is subject to U.S. sanctions, has started production at its second train even after it has been unable to sell liquefied natural gas from a first train, a source familiar with the matter told Reuters.Russian energy company Novatek declined to comment…

TotalEnergies Signs Long-Term LNG Export Deal from Canadian Project

May 20, 2025

TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 Mtpa of LNG for 20 years from the future liquefaction plant, subject to the final investment decision of the project.In parallel, TotalEnergies has acquired a 5% stake in Western LNG…

Empire Offshore Wind Project Resumes Construction as Stop Order Gets Lifted

May 20, 2025

Empire Offshore Wind, a subsidiary of Equinor, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume…

Akastor Cancels $25M Sale of Skandi Peregrino AHTS Vessel

May 19, 2025

Akastor’s fully-owned subsidiary DDW Offshore has canceled the sale of Skandi Peregrino anchor handling tug supply (AHTS) vessel.The agreement to sell Skandi Peregrino AHTS, first announced in early March 2025, was conditional on charterer's consent…

NSTA, Crown Estate Scotland Team Up for North Sea Opportunities

May 16, 2025

The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together to realize the energy and carbon storage potential of the North Sea.The SoI,…

Current News

QatarEnergy Receives Offshore Exploration License From Libya

QatarEnergy Receives Offshore

Libya Awards First Oil Blocks Since 2007 to Chevron, Eni

Libya Awards First Oil Blocks

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TGS Embarks on Multi-Client 2D

Orbital Marine Grows UK and Canada Tidal Energy Orderbook to 32MW

Orbital Marine Grows UK and Ca

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