Norwegian offshore vessel owner Solstad Offshore has secured contract extensions with Subsea7 for two of its subsea construction support vessels (CSVs) – Normand Subsea and Normand Energy.Subsea7 has exercised the 2025 optional charter period for the Normand Subsea…
UK-based oil and gas company Dana Petroleum has awarded a contract to Subsea7 for the provision of subsea services for the Bittern field development, in the UK Central North Sea.The contract scope, whose value is between $50 million and $150 million…
SLB and Aker Carbon Capture (ACC) have launched a joint venture, set up to enable wider adoption of market-ready and new carbon capture and storage (CCS) technologies for power and hard-to-abate industrial sectors worldwideThe new company combines technology portfolios…
Danish wind turbine maker Vestas has secured an order to supply 44 offshore wind turbines, each rated at 14 MW, for RWE’s Nordseecluster A offshore wind project in Germany.The Nordseecluster is being implemented in two phases – Nordseecluster A and B…
The Toppand East well in the North Sea offshore Norway, drilled by Wellesley, Equinor and Petoro, has been proven dry.The well, 35/11-29S, located in production licence 248 C, has been permanently plugged and abandoned after it proved be dry…
TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for $259 million.The transaction is expected to close in the fourth quarter 2024…
Enova, owned by the Norwegian Ministry of Climate and Environment, has launched a support program for floating wind projects which can be awarded up to $188 million (€175 million) in funding assistance.Enova’s support for wind started with the development of onshore wind power…
Norwegian offshore support vessel owner Havila Shipping has secured contracts with Equinor for three of its platform supply vessels (PSVs).Contracts with Equinor are the PSV vessels Havila Clipper, Havila Fanø and Havila Herøy.Each contract is for a firm period of twelve months…
Singaporean shipbuilder Strategic Marine has signed a memorandum of understanding (MoU) with Mainprize Offshore for the delivery of six new Supa Swath crew transfer vessels (CTVs) with options for six additional ones.Following the recent successful…
German oil and gas company Wintershall Dea has sold its 10% interest in Abu Dhabi's Ghasha Concession to Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) as part of its exit strategy from the United Arab Emirates, ahead of announced business combination with Harbour Energy…
Singapore's Temasek Holdings is finalizing the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming days, two sources with knowledge of the matter said.The deal will provide Shell…
Scottish firms Ocean Kinetics and Green Marine (UK) have formed a joint venture partnership to decommission OpenHydro’s tidal energy platform in the Orkney Islands.Work is rapidly advancing to remove the steel superstructure installed in 2006…
Oslo-listed offshore drilling firm Dolphin Drilling has made a strategic decision to sell and recycle the semi-submersible drilling rig Dolphin Leader, recently acquired from Transocean.The decision aligns with Dolphin Drilling's ongoing efforts…
Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds.The settlement of the transaction will take place on June 14, 2024, Eni sad.Following the placement…
Ørsted has taken final investment decision (FID) on a 600 MWh battery energy storage system, supplied by Tesla, which will be co-located with 2.9 GW Hornsea 3 offshore wind farm to help balance the grid and reduce volatility for consumers.The…
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