Oos International Group News

 

Egypt's EGAS Awards Offshore Blocks to International Companies

Jun 25, 2025

Egypt's EGAS has awarded four blocks in the Mediterranean, one in the Nile delta, and one in North Sinai to international companies, according to a petroleum ministry statement on Wednesday.Companies will invest $ 245 million to drill at least 13 new exploratory wells during the exploration period.A consortium of Chevron Egypt and Shell's BG Group was awarded the North Samian offshore block and Northwest Atoll offshore block…

Iberdrola Names New CEO

Jun 24, 2025

Spanish electric utility firm Iberdrola has appointed Pedro Azagra as its new chief executive officer (CEO).Before the new appointment, Azagra held the position of CEO of Ibredrola’s subsidiary in the United States. He will be replacing Armando Martínez…

ORLEN Group Opens Poland’s First Offshore Wind Installation Terminal

Jun 11, 2025

ORLEN Group has opened Poland’s first installation terminal dedicated to offshore wind farms, located in Świnoujście, with the facility securing its first long-term lease agreement with global offshore wind player Ocean Winds.The Świnoujście…

Eni Starts Talks with GIP for Carbon Capture Unit Stake Sale

May 29, 2025

Eni has entered exclusive talks to sell a 49.99% stake in its carbon capture, utilisation and storage (CCUS) business to BlackRock's infrastructure fund GIP, the Italian energy group said on Tuesday.The move is part of Eni's broader strategy…

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

May 23, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has signed a memorandum of understanding (MoU) with Indonesia’s PT Elnusa Trans Samudera (ETSA) to explore joint marine services opportunities in the oil and gas sector…

CIP Sells 10% Stake in Fengmiao I Offshore Wind Farm to MOL

May 09, 2025

Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has entered into an agreement to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Mitsui O.S.K. Lines (MOL).The transaction…

GLO Marine, VMS Group Land Multi-Vessel Retrofit Job for Tidewater

Apr 28, 2025

GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U…

Google Signs PPA with CIP for Taiwanese Offshore Wind Farm

Apr 22, 2025

Copenhagen Infrastructure Partners (CIP), through its flagship fund CI V, has entered a power purchase agreement with Google for the Fengmiao I offshore wind farm in Taiwan.The agreement is the second PPA between Google and CIP on offshore wind…

Malaysian Firm Enters Cable Laying Business with Vessel Acquisition

Apr 16, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has set out plans to acquire a newly-built DP2 cable-laying barge for $20.5 million, marking its expansion into cable laying market.The 98-meter-long barge…

SBM Offshore Banks New $1.1B Loan for Floating Production Solutions

Apr 11, 2025

Dutch FPSO leasing specialist SBM Offshore has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks.The loan will be used to refinance its existing $1.0 billion RCF which was due to expire in February 2026…

Industry Partnership Forms to Develop Estonian Offshore Wind Project

Apr 10, 2025

Estonian energy producer Sunly, French renewable pioneer VALOREM Group, and Deep Wind Offshore have signed a partnership agreement to jointly develop Tuul Energy offshore wind project in Estonia.Following the agreement, VALOREM Group and Sunly will enter Deep Wind Offshore’s project…

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Mar 28, 2025

The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…

Attack on Guyana, Exxon Would Be 'Bad Day' for Venezuela, Rubio Warns

Mar 28, 2025

U.S. Secretary of State warned Venezuela on Thursday that it would be 'a very bad day' for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case…

Axess to Inspect Pipelines for TechnipFMC

Mar 19, 2025

Norway-based Axess Group has secured a frame agreement for inspection services with TechnipFMC related to the fabrication of pipelines in Norway.The scope of work encompasses inspection services related to the fabrication of pipelines at the Orkanger Spoolbase in Norway…

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

Mar 19, 2025

Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao I offshore wind project off the coast of Taichung in Taiwan.Fengmiao I project has secured an approximately $3…

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