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Ørsted, Falck, BlueFloat Win Rights to Build Large Floating Wind Farms in Scotland

Jan 17, 2022

Ørsted, Falck Renewables, and BlueFloat Energy have won the seabed rights off the northeast coast of Scotland to an up to 1GW floating offshore wind site. This will be Ørsted’s first large-scale floating wind development project anywhere in the world…

Norwegian Competition Watchdog Clears Maersk Drilling/Noble Corp. Merger

Jan 17, 2022

The Norwegian Competition Authority has given its approval to the proposed merger between offshore drilling contractors Maersk Drilling and Noble Corporation.Denmark's Maersk Drilling and U.S. rival Noble Corp announced the proposed $3.4 billion…

ScotWind: SSE, Marubeni, CIP Win Rights to Construct 2.6GW Floating Wind Farm

Jan 17, 2022

As part of Crown Estate Scotland's ScotWind seabed leasing round, the SSE Renewables-Marubeni-CIP partnership has secured rights to 858 square kilometers of seabed that will support the development of a new giant floating offshore wind farm offshore Scotland…

Floating Energy Allyance Secures Rights to Build 1GW Floating Wind Farm Off Scotland

Jan 17, 2022

The Floating Energy Allyance, comprising of BW Ideol, Elicio, and BayWa r.e. has secured the rights to develop a floating offshore wind farm with an approximate capacity of 1GW off the northeast coast of Scotland through Crown Estate Scotland’s ScotWind leasing round…

ScotWind: BP, EnBW Win Bid to Build 2.9GW Morven Offshore Wind Farm

Jan 17, 2022

BP and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project — to be named Morven. The award was made in the highly competitive ScotWind leasing round, the results of which were announced by Crown Estate Scotland today…

DSME Orders Huisman Crane for Eneti's Second WTIV

Jan 17, 2022

Dutch crane builder Huisman has signed a contract with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of another 2,600mt Leg Encircling Crane (LEC). The deal follows a previous order, in July last year…

Vår Energi, Equinor in North Sea Helicopter-Sharing Arrangement

Jan 17, 2022

Norwegian oil and gas companies Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport.  The agreement for assigning helicopters took effect on January 1…

Kongsberg Propulsion for Norwind Offshore's New Vessels

Jan 17, 2022

Norwind Offshore, a new offshore wind-focused ship-owning company recently established in Norway by Farstad, Volstad, and Kleven, will install Kongsberg equipment to its two new Commissioning Service Operations Vessels (CSOVs), to be built by VARD…

High Gas Prices Push Norway's Dec Trade Surplus to Record

Jan 17, 2022

Norway's trade surplus rose to a new record in December, boosted by soaring prices for its natural gas exports, national statistics agency data showed on Monday.The December surplus hit 106 billion Norwegian crowns ($12.09 billion), beating a previous record of 84…

TotalEnergies, Inpex Sell Angolan Subsidiary Angola Block 14 B.V.

Jan 17, 2022

TotalEnergies and Inpex have agreed to sell their Angola Block 14 B.V. subsidiary to the Angolan Company Somoil for an undisclosed price.Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49…

Maersk Drilling, Aker BP in Jack-Up Rig Swap Deal

Jan 17, 2022

Danish offshore oil and gas drilling company Maersk Drilling and the Norwegian oil company Aker BP have entered into a rig swap agreement .Under the agreement, the jack-up rig Maersk Reacher will be replaced by the low-emission jack-up rig Maersk…

Vietnam Firm Launches $220M Offshore Wind Farm

Jan 17, 2022

Vietnam's leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country's drive for clean energy, the company said on Monday.The 5 trillion dong ($220.17 million) farm in the southern province…

Baker Hughes Finds US Drillers Add Most O&G Rigs Since April

Jan 14, 2022

U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.The oil and gas rig count, an early indicator of future output, rose 13 to 601 in the week to Jan…

COVID Accelerates Offshore Energy’s Digital Path

Jan 14, 2022

With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center…

Equinor, BP Hit Key Milestone for New York Offshore Wind Projects

Jan 14, 2022

Equinor and BP on Friday announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1 offshore wind projects.Empire Wind…

Current News

Ulstein Designs SOVs for Shanghai Electric

Ulstein Designs SOVs for Shanghai Electric

DOE Announces $25 Million for Wave Energy Research

DOE Announces $25 Million for Wave Energy Research

Ørsted and Eversource to Charter Newbuild CTVs from WindServe and AOS

Ørsted and Eversource to Charter Newbuild CTVs from WindServe and AOS

State Dept: Nord Stream 2 Will Not Move Forward if Russia Invades Ukraine

State Dept: Nord Stream 2 Will Not Move Forward if Russia Invades Ukraine

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