Power companies including Ørsted, Vattenfall, Innogy, SSE and Scottish Power and financial investors such as infrastructure and pension funds are active in UK offshore wind power, said Deloitte.Japan, China and other countries in Asia are also showing increasing interest in the market…
Japanese companies Sumitomo Corporation and Electric Power Development Co., Ltd. (J-POWER) have begun an offshore ground investigation off the coast of Japan to explore the possibility of developing an offshore wind power plant.The Japanese…
Danish provider of offshore service vessels A1 Offshore Solutions ApS and lifting and offshore equipment specialist KenzFigee have signed a cooperation agreement to offer clients in the offshore oil, gas and wind industry a cost-efficient and safe Walk-to-Work vessel solution…
Germany-headquartered energy company E.ON and Japanese renewable energy company Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan.A press release from the European holding company based in…
Danish power company Ørsted and Total have teamed up with Belgian renewables firm Elicio to bid for a wind project off the coast of Dunkirk.A total of nine bids are being considered in the tender for the Dunkirk project, which will have a maximum capacity of 600MW…
British ship insurer UK P&I Club has launched offshore cover providing a comprehensive package to meet liabilities and losses incurred by MembersThe UK P&I Club, in conjunction with Thomas Miller Specialty Offshore (TMSO), has launched a range…
Liberia, the fastest growing major open registry in both shipping and offshore, has established its Offshore and Gas Technology Department, renewing the Registry’s focus in these sectors.According to an official statement, this department strengthens…
Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
Swedish exploration and production firm Lundin Petroleum is to sell the floating production vessel Bertam to Malaysian state-backed M3nergy for US$265 million. The deal, expected to complete in Q1, is subject to certain completion conditions…
LR Senergy has been awarded a number of contracts worth a combined US$7 million in the Middle East, Europe and Asia. The new contracts include work with Abu Dhabi Marine Operating Co. (ADMA-OPCO), the Kuwait Energy Co. and Dragon Oil These…
Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…
Aqualis ASA signed a memorandum of understanding (MoU) to acquire Tristein AS, a provider of marine operations for the offshore oil, gas and wind industries. The financial details of the transaction are undisclosed. “The combination…
Alewijnse Marine Systems won a service and maintenance contract for M3nergy’s 94,000 DWT FPSO Perintis, three weeks before it officially announces the setting up of two new Asian hubs, in Malaysia and Singapore. Under the agreement Alewijnse…
Keppel Shipyard Ltd (Keppel Shipyard) has secured two FPSO conversion contracts worth a combined value of S$190 million (US$154.54 million). The contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Ltd. (M3nergy Offshore)…
Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million). The first is from SBM Offshore…
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