Ocean Winds (OW), an EDP Renewables - ENGIE joint venture, has been awarded a contract-for-difference (CfD) for 369,5 MW by the Polish authorities for the B&C-Wind offshore wind farm. The wind farm site is located in the Exclusive Economic Zone of Poland’s Baltic Sea…
Offshore wind installation company Cadeler has ordered two new X-class wind turbine installation vessels from China's COSCO SHIPPING Heavy Industry.The total order amounts to $651 million, so $325.5 million per vessel. According to Cadeler, the new vessels will…
Norwegian offshore vessel operator Solstad Offshore ASA has been awarded a contract with Havfram, previously known as Ocean Installer, for the construction support vessel Normand Vision. The Normand Vision contract will start in direct continuation…
Gulf Marine Services, a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, said Wednesday it had secured three new contracts for its rigs, with a combined duration of 31 months…
Offshore drilling company Valaris has secured a contract extension for its VALARIS JU-250 (ex-Bob Palmer) jack-up drilling rig.The 200-day extension to the charter has been agreed with ARO Drilling a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco…
TechnipFMC said on Tuesday it has been awarded a subsea contract by Petrobras for the Búzios 6-9 fields, located in the deepwater Santos basin offshore Brazil.TechnipFMC, which called the award is 'substantial', worth between $250 million and $500 million…
Ratings agency Moody's Investors Service said on Tuesday that a credit upgrade of Mexican state oil company Petroleos Mexicanos is unlikely given its consistent negative free cash flow generation, despite a recovery in oil prices.Moody's said that its Ba2 credit rating for Pemex…
An ailing crewmember was medevaced from a 400-foot accommodation barge Monday, approximately 140 nautical miles south of Ponce, Puerto Rico, the U.S. Coast Guard said.Watchstanders at Coast Guard Sector San Juan received a call from the DB Superior…
UK-based engineering firm John Wood Group, also known as Wood, on Monday said it had reached agreements with authorities in the UK, Brazil, and the U.S. to resolve their respective bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business…
Brazilian oil company Enauta said Monday it had completed the transfer of a 50% stake in the Atlanta offshore field, previously held by Barra Energia. Enauta in April said it had received regulatory approval to take full ownership of the Atlanta offshore oil field in Brazil…
The Norwegian government has approved Equinor's plan for the development and operation of the Breidablikk field in the North Sea, off Norway.Equinor estimates it will take around NOK 18.6 billion (around $2,17 billion) to develop the field.…
Nigeria's senate will present a long-awaited oil overhaul bill to the full chamber for passage on Tuesday, according to an order paper seen by Reuters.The president sent the bill to the National Assembly in September last year, and presentation…
Oil and gas major Shell is taking the role of Technical Developer for the Acorn Carbon Capture and Storage (CCS) Project in Scotland, the partners in the project said Tuesday.The carbon capture and storage project in the UK, run by Storegga…
Oslo-listed drilling firm Shelf Drilling has secured a contract for the Baltic jack-up rig with TotalEnergies in Nigeria.TotalEnergies local subsidiary Total E&P Nigeria Limited will use the jack-up drilling rig for five wells, plus extension options…
Australia's oil industry lobby group on Tuesday slammed as 'extreme' the amount the government has proposed as a levy on all of the country's offshore oil producers to cover the cost of decommissioning an offshore field.The levy was announced in May…
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