Ocean Winds (OW), a 50-50 joint venture between EDPR and ENGIE, has installed the final turbine at its Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France.The installation of the final turbine marks the completion of construction works, as the project transitions into full operational phase.Located off the coast of Vendée, the EMYN offshore wind farm is now fully installed and operational…
Brazilian maritime logistics and port operator Wilson Sons has started testing drone deliveries for offshore logistics operations in Guanabara Bay, aiming to improve efficiency and reduce emissions.The company is conducting its first drone operations…
RWE has signed a 15-year power purchase agreement (PPA) with Breedon Group to supply renewable electricity from its wind portfolio to the construction materials company’s operations in UK.Under the deal, RWE will provide around 70 gigawatt hours of electricity per year…
Fugro has secured a geotechnical site investigation contract by Copenhagen Infrastructure Partners (CIP) for the 600 MW FengMiao II offshore wind farm in Taiwan.The project forms part of Taiwan’s Round 3.2 offshore wind tender and supports the country’s target of reaching 13…
Italy’s Eni has signed an agreement with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to relaunch oil activities at the Junin-5 project in the Orinoco Belt.The agreement was signed following a meeting in Caracas between Eni…
China's CNOOC posted a 7.1% rise in first-quarter net profit on Tuesday as the Iran war pushed up global oil prices and the offshore oil and gas major increased its production.Net income for the January-to-March period was 39.14 billion yuan ($5…
Mooring and anchoring specialist Mooreast Holdings has granted an option to sell its leasehold property in Singapore for $23.3 million, aiming to boost offshore wind activities at new location.The company said it expects net proceeds of about…
ZKS Ferrum, a Polish manufacturer specializing in large-scale welded steel structures, has secured a contract from Dajin Offshore to supply steel structures for the Nordseecluster B offshore wind project.The project is the second extension phase of the 1…
Block Energy has entered into a conditional agreement with Pilgrim Exploration for an investment linked to offshore production sharing contracts in Gabon, alongside plans to raise $6.3 million through an equity offering.The transaction relates to the Ndjila and Mpari production sharing contracts…
President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels.The projects, one in the Atlantic and one in the Pacific…
In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security…
Akastor’s subsidiary DDW Offshore has entered into a binding agreement to sell Skandi Emerald anchor handling tug supply (AHTS) vessel for $23 million.The AHTS, built in 2011, is designed for operations across a range of water depths and environmental conditions…
Equinor has secured a permit from the Norwegian Offshore Directorate (NOD) to drill a wildcat well in the Barents Sea.The permit is for wellbore 7220/5-EC-2 H in production license 532.The license is operated by Equinor with 46.3%, with partners Vår Energi holding 30% and Petoro the remaining 23…
Continued idling of assets should the conflict persist would see wider MODU market tightening as drillers and NOCs manage capacity.The impact of the war in the Middle East on the offshore energy sector has so far received less attention than…
Njord Survey has secured a three-year framework agreement with Equinor for pipeline inspection and integrity work across European waters.The contract includes an option to extend for one additional year and covers geophysical surveys and offshore operations…
Subscribe
