The French government has selected Energies du Méridien, a new offshore wind consortium comprising Corio Generation and Qair, to take part in upcoming offshore wind project tenders totaling about 2.5 GW.French Directorate General for Energy…
Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year, CEO Mathios Rigas told Reuters on Thursday. The FPSO is…
John Wood Group has sold its offshore labor supply operations in the Gulf of Mexico to Louisiana-based energy services contractor Danos.The sale was for a cash consideration of $17 million, with Wood retaining working capital. This represents an EV/EBITDA multiple of around 8x…
The UK offshore oil and gas regulator North Sea Transition Authority (NSTA) is investigating an unnamed oil company for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security.The North…
UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…
Green hydrogen firm Lhyfe and UK-based energy and services company Centrica will jointly develop offshore renewable green hydrogen in the UK in what they say is 'a first' for the country. The two companies said they would explore combining their…
Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…
Operations and Maintenance Base for what will be the world's largest offshore wind farm - the Dogger Bank - was officially opened on Tuesday in Port of Tyne.Equinor, a partner in the North Sea wind farm, said that the O&M base would serve as the hub for operations for Dogger Bank Wind Farm…
Japan's top utility JERA has agreed to buy Belgium-based offshore wind energy producer Parkwind for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonization goals.JERA, a joint venture between Tokyo Electric…
Greensea Systems, a marine robotic software solutions provider, recently demonstrated untethered autonomy for ROVs.Using a commercially available Defender ROV from VideoRay, outfitted with batteries, an acoustic modem, and the new OPENSEA Edge system…
Norway's Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from Lockheed Martin, the companies said on Thursday.UKSR holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone (CCZ) in the Pacific Ocean…
A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…
Marine geophysical service provider PXGEO announced it has secured a contract with the Sépia Consortium for a 3D ocean bottom node (OBN) survey in the Santos Basin, Brazil. The survey is to be acquired in water depths to 2,300 meters with a duration of approximately 4 months…
JX Nippon Oil & Gas Exploration Corporation has to acquire the entire issued shares of the offshore drilling firm Japan Drilling Co., Ltd. (“JDC”).The company plans to complete the acquisition around the end of April of 2023.'Upon completion of the acquisition…
Italian oil company Eni said Friday it had made a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the…
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