Norway's Equinor has expanded it presence in the Polish offshore wind market after exercising an option to acquire a 50 percent interest in the Bałtyk I offshore wind development project in the Baltic Sea from domestic firm Polenergia.The transaction…
Poland has announced ambitious plans to develop 8 GW of offshore wind by 2035 and the country is working on laws that could support this project.Polish State Secretary for Energy Grzegorz Tobiszowski said the country has the potential to develop the capacity in the Baltic Sea up to 2035…
Polish state-owned power company Polska Grupa Energetyczna (PGE) has invited over a dozen parties to potentially cooperate with the company оn building up to 2.55 GW of offshore wind parks.The Polish power group said in a statement that it was…
Dutch offshore construction and engineering company Heerema Fabrication Group (HFG) intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market.HFG has…
For a 20-year term, Polish Oil and Gas Company (PGNiG) will receive liquefied natural gas from the USA for domestic customers or for resale.The new contracts will provide a total of 2 MTPA of LNG, which is approximately 2.7 billion m³ of natural gas after regasification…
Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.Russian oil accounted for 76 percent of all oil purchases…
Siem Offshore has canceled the fourth of four dual fueled platform supply vessels (PSVs) shipbuilding-contracts with Remontowa Shipbuilding in Poland, due to delay in the delivery. “The company is covered with refund guarantees from an…
There are slim pickings for fabricators in oil and gas sector, but as Steve Hamlen reports offshore wind fabrication has given firms some sustenance. Dudgeon jacket. Photos from Sembmarine SLP…
Heerema Fabrication Group (HFG) will cut 450 jobs, amounting to 58% of its workforce, as part of restructuring efforts amid ongoing poor market conditions. Image of Zwijndrecht yard, from HFG. The cuts…
Singaporean shipbuilder Sembcorp Marine is set to acquire 100% equity stake in Norway-headquartered LMG Marin for US$20 million. LMG is a naval architecture as well as ship design and engineering house with offices in Poland and France…
Novenco Offshore has signed a contract with Polish shipyard Remontowa Shiprepair Yard for delivery of HVAC Equipment for the conversion of the tanker Hanne Knutsen to FSO for the Martin Linge field. Total E&P Norway will rent the Hanne Knutsen from KNOT FSO 1…
Ithaca Energy's UK North Sea Stella field production is on schedule for September 2016, following planned sailaway of the FPF-1 floating production facility from Poland next month. The FPF-1, previously used by Hess on the North Sea Ivanhoe and Rob Roy fields…
Construction on the utility and living quarters on Norway's largest industrial project - the Johan Sverdrup development in the North Sea - has been marked by an apprentice at engineering firm Kvaerner and the country's minister for petroleum…
SeaBird Exploration has signed an addendum to the charter party relating to M/V Hawk Explorer to further extend the lease on current payment terms from 31 May 2016 to 28 February 2017. At the end of the lease, the company will have the…
Aibel cut the first steel for the DSM module for Statoil’s Johan Sverdrup drilling platform at its Haugesund yard, where a busy period awaits until the platform is completed in 2018. Aibel expects to finish the DSM module come summer 2017…
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