Palfinger Marine has secured a contract by CRIST S.A. in Poland to supply a comprehensive equipment package for a next-generation Offshore Support Vessel (OSV) under construction for DOF Group.As part of the comprehensive equipment package, Palfinger Marine will supply a fully electric…
U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the Western Isles floating, production, storage and offloading (FPSO) vessel, which was planned for deployment in the North Sea as part of Buchan field redevelopment…
Danish power cable maker and services provider NKT has completed the first installation campaign Norway to connect Aker BP-operated Yggdrasil offshore oil and gas area to shore.NKT said the first installation campaign in the Norwegian fjords and in the North Sea has been completed…
Norwegian shipbuilder Vard has marked the start of construction of Island Offshore’s hybrid power ocean energy construction vessel (OECV) at its shipyard in Romania.Vard secured the order for the vessel, named Island Evolution, from Island Offshore back in May 2024…
A total of 17 companies have joined the Fit 4 Offshore Renewables (F4OR) program, which aims to provide business support for U.K. firms in the offshore wind sector, delivered by the Offshore Renewable Energy (ORE) Catapult and sponsored by the Offshore Wind Growth Partnership (OWGP)…
The Danish Energy Agency (DEA) has received two applications from companies that want to explore the potential for storing CO2 in the subsurface in the nearshore areas Inez, Lisa and Jammerbugt.On January 9, the DEA opened a licensing round…
Energy major BP and Japan’s largest power generation company JERA have appointed the leadership team of their planned 50-50 offshore wind joint venture, JERA Nex BP.The new entity will be led by CEO Nathalie Oosterlinck, currently serving as CEO of JERA Nex…
Norwegian oil and gas operator DNO has reached agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million, based on an enterprise value of $1.6 billion.The Sval Energi assets are complementary to DNO’s North Sea portfolio…
SeAH Wind has appointed Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for the Hornsea 3 offshore wind project in the U.K.With commercial production set to start in the coming months, these subcontractors have been…
Constellation, an offshore oil and gas drilling services provider in Brazil, has started trading on Euronext Growth Oslo, under the ticker symbol ‘COSH’.Constellation holds about one fifth of Brazil’s country’s offshore drilling market.Constellation…
Norway’s offshore wind association Norwegian Offshore Wind has signed a memorandum of understanding (MoU) with ANEV, the Italian National Wind Association to increase offshore wind cooperation.The signing of the MoU sets a framework for extensive…
Ørsted and Nuveen Infrastructure’s 253 MW Gode Wind 3 offshore wind farm in Germany has started commercial operations.Final testing for the Gode Wind 3 offshore wind farm, which is jointly owned by Ørsted and Nuveen Infrastructure, was completed on February 28…
Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.The government is asking industry players and others…
Harbour Energy swung to an annual loss in 2024 as the U.K.'s windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.North Sea producers have warned that the UK's windfall tax on the industry, first…
Britain will invest 55.7 million pounds ($71.45 million) in the Port of Cromarty Firth in Scotland to expand the facility to become a hub for floating offshore wind, the government said on Wednesday.Britain has a target to largely decarbonize…
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