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Iberdrola Picks Up $4.9B to Finance 1.4GW UK Offshore Wind Farm

Jul 11, 2025

Iberdrola has signed green financing agreement with 24 banks for the East Anglia THREE offshore wind farm, being developed together with Abu Dhabi Future Energy Company (Masdar).The transaction valued at $4.88 billion, which was 40% oversubscribed…

Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

Jul 11, 2025

Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago.The finalization of the deal, combined with Perenco’s existing operation of the Teak…

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Jul 11, 2025

French tubular solutions specialist Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to support the drilling operations of CNOOC and PetroChina in Iraq.The contracts carry potential revenue of over $130 million…

Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Jul 11, 2025

SEFE Securing Energy for Europe and the United Arab Emirates’ ADNOC Gas have entered into a three-year supply agreement over 0.7 million tonnes of LNG, with deliveries to begin in summer 2025.The agreement is valued at approximately $400 million…

Shell Secures Drilling Permit off South Africa's West Coast

Jul 11, 2025

Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…

Floatel Lines Up Work for One of its Accommodation Vessels

Jul 11, 2025

Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil.The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted…

DOF Sells Two AHTS Vessels

Jul 11, 2025

Norwegian offshore supply vessel owner DOF Group has signed agreements to sell two of its anchor handling tug supply (AHTS) vessel to an international buyer.The sold vessels include Skandi Tender and Skandi Trader, both build in 2009.The sale…

Cost Surge Looms Without Urgent Well Decommissioning Action, NSTA Warns

Jul 11, 2025

Operators must immediately start tackling their backlog of wells that are already due for decommissioning to stop rigs leaving the North Sea and prevent billions of dollars of additional costs for themselves and taxpayers, industry regulator…

Technip Energies Bags ‘Large Contract’ for FLNG Unit in Africa

Jul 11, 2025

Technip Energies has secured a large contract to perform ‘preliminary activities’ for a Floating Liquefied Natural Gas (FLNG) unit in Africa.The contract, valued between $290 million and  $584 million, will be effective until September 30, 2025…

Lloyd's Register Study Identifies Hidden Fatigue Risks in Offshore Wind Tech

Jul 10, 2025

Some offshore wind turbine (OWT) support structures may fall short of required fatigue life expectations, according to a new Lloyd’s Register (LR) report, which also pinpointed reliability-based inspection as one of the measures to manage fatigue-driven risks in such structures…

Ventyr Enlists DNV to Certify Norway’s First Offshore Wind Farm

Jul 10, 2025

DNV, the independent energy expert and assurance provider, has been awarded a contract by offshore wind developer Ventyr for the Design Certification of the Sørlige Nordsjø II wind turbines and offshore substation, Norway’s first bottom-fixed offshore wind farm…

Australian Engineering Firm Gets Work on Shell’s Crux Gas Platform

Jul 10, 2025

Engineering company Monadelphous Group has secured new contracts in the energy sector valued at more than $100 million, including work at Shell’s Crux gas platform and Origin Energy’s LNG project.Monadelphous signed a contract with Technip Energies…

Clean Power Starts Flowing from China’s Furthermost Offshore Wind Project

Jul 10, 2025

The first set of turbines at the 800 MW Dafeng offshore wind project have started delivering power to the Chinese grid.On July 4, China Three Gorges Corporation (CTG)’s offshore wind project in Dafeng, Jiangsu achieved its first grid connection…

TGS to Provide Tech Set to Optimize Northern Lights CCS Operations

Jul 10, 2025

Norwegian data and intelligence firm TGS has signed a collaboration agreement with Equinor, aimed at advancing the digitalization of carbon capture and storage (CCS) operations at Northern Lights project.The agreement strengthens the ongoing…

Baltic Eagle Offshore Wind Farm Comes Online in Germany

Jul 10, 2025

The Baltic Eagle offshore wind farm in Germany has been fully completed and energized, the joint venture partners Abu Dhabi Future Energy Company (Masdar) and Iberdrola have announced.As the first project completed under the strategic partnership…

Current News

Iberdrola Picks Up $4.9B to Finance 1.4GW UK Offshore Wind Farm

Iberdrola Picks Up $4.9B to Fi

Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

Perenco Brings Woodside’s Trin

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Vallourec Brings CNOOC, Petroc

Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Germany’s SEFE Inks Three-Year

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