Cygnus%20 News

Skyborn Renewables Becomes Ørsted’s Partner in Two US Offshore Wind Farms

Oct 01, 2024

Skyborn Renewables, a Global Infrastructure Partners (GIP) portfolio company, has completed the acquisition of a 50% stake in the Revolution Wind and South Fork Wind projects from U.S. utility Eversource Energy, becoming a joint venture partner in the offshore wind farms with Ørsted…

Brava Energia Welcomes US Oil and Gas Company as Partner in Two Brazil Fields

Sep 27, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has concluded a sale of 20% stake in a concession offshore Brazil to the affiliates of Westlawn Americas Offshore (WAO), welcoming the U.S. oil and gas company as partner in the Atlanta and Oliva fields…

ABS Greenlights French Developer’s Concrete Floating Wind Foundation

Sep 25, 2024

The American Bureau of Shipping (ABS) has issued Approval in Principle (AiP) to the OO-STAR concrete semi-submersible foundation for floating wind turbines from Bouygues Travaux Publics, a subsidiary of Bouygues Construction.The floater can…

Japan's ENEOS Takes Share of Floating Wind Project off Norway

Sep 18, 2024

Japanese renewable energy company ENEOS Renewable Energy (ERE) has become a partner in the GoliatVIND project by acquiring a 20% stake in the floating wind farm from Odfjell Oceanwind.The new partnership on GoliatVIND is Source Galileo Norge (40%)…

DNO Concludes Acquisition of Stakes in Five Norne Area Oil and Gas Fields

Sep 02, 2024

Norwegian oil and gas operator DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi.Following the closing of the transaction, DNO’s wholly-owned…

Shell to Cut Oil Exploration Workforce

Aug 29, 2024

Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said…

DNO Norge Gets Clearance for North Sea Drilling Operation

Aug 14, 2024

The Norwegian Offshore Directorate (NOD) has granted DNO Norge a drilling permit for a wildcat well in the North Sea, to be conducted using Noble Corporation's Noble Invincible ultra-harsh environment jack-up rig.The drilling permit is for a wellbore2/6-7 S in production license 1086…

Project Labor Agreement Signed for Salem Offshore Wind Terminal

Aug 14, 2024

Workers, community members, and elected officials have marked the signing of a new Project Labor Agreement (PLA) for the construction of a $300 million maritime terminal that will support the construction of offshore wind farms in Massachusetts…

BP and Golar LNG Settle Cash Disputes for FLNG Gimi

Aug 06, 2024

BP and Golar LNG have reached a commercial reset agreement for the floating liquefied natural gas (FLNG) vessel Gimi, a core component of BP’s the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.The Gimi FLNG vessel art of the GTA Phase 1 development…

Topside and Jacket for ONE-Dyas’ OW-Powered Gas Platform Sail Away from HSM’s Shipyard

Aug 05, 2024

HSM Offshore Energy has completed the load out the N05-A topside and jacket for ONE-Dyas at its Schiedam yard in the Netherlands, which set sail to its final location to become part of the first electrified gas production platform in the North Sea that runs completely on offshore wind power…

Venezuela Grants License to BP, NGC for Offshore Gas Project

Jul 24, 2024

Venezuela on Wednesday granted a 20-year license to British energy producer BP and state-owned National Gas Company of Trinidad and Tobago (NGC) to develop the Venezuelan side of a natural gas field that extends into the Caribbean country's waters…

French Company Secures Work On $4B Cedar FLNG Scheme

Jul 16, 2024

Samsung Heavy Industries has hired French engineering company GTT for tank design of a new floating liquefied natural gas (FLNG) unit as part of $4 billion Cedar LNG project in Canada.As part of the contract with Samsung Heavy Industries, GTT will design the tanks of the FLNG…

Golar LNG Signs 20-Year FLNG Deal

Jul 07, 2024

Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources…

TotalEnergies Weighing Up Its Stay in South Africa’s Offshore Block as Partner Heads Out

Jul 01, 2024

TotalEnergies EP South Africa, a subsidiary of French energy giant TotalEnergies, is considering the best way forward regarding its share in the block offshore South Africa, as one joint venture partner withdraws its interest.CNR International (South Africa)…

Etu Energias Acquires Galp’s Share in Angola’s Offshore Blocks

Jun 18, 2024

Angolan energy company Etu Energias, formerly Somoil, has acquired Galp’s stake in three blocks offshore Angola, operated by TotalEnergies and Chevron.Etu Energias concluded the acquisition of Galp’s working interests in Block 32 (5%), Block 14 (9%) and in Block 14K (4…

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