Grupo Carso has signed a binding agreement with TotalEnergies to acquire its entire 30% interest in offshore Block 30 in Mexico's Isthmus Saline Basin.The acquisition will be carried out through Mx Dlta Nrg 1, a subsidiary of Zamajal, in which…
Swedish utility Vattenfall will not go ahead with the giant Vidar offshore wind park, one of two given the greenlight by the government this week, because it would not be profitable, CEO Anna Borg said.Vidar, off Sweden's coast north of Gothenburg…
Renewable energy consultancy OWC, Korea Leading Energy Management (KLEM) and offshore energy services provider OEG have signed a memorandum of understanding to collaborate on balance of plant (BoP) operations and maintenance services for South Korea's offshore wind sector…
Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.Production from the plant is expected to start around 2030.Here are some details…
STS joint venture, formed by SBM Offshore and Technip Energies, and TotalEnergies EP Suriname have signed an agreement with French company Beyond the Sea to evaluate wind-assisted kite traction towing for the GranMorgu floating production, storage and offloading (FPSO) vessel offshore Suriname…
Gulf Marine Services (GMS) has secured a four-year charter for one of its self-elevating accommodation units to support offshore operations in Brazil, strengthening its presence in the Latin American market.The contract, signed with an international offshore accommodation services provider…
AF Gruppen, via its subsidiary AF Offshore Decom, and consortium partner Heerema Marine Contractors has secured a contract for the engineering, preparation, removal and disposal (EPRD) of a platform on the UK Continental Shelf, marking the second…
Entr, the consultancy arm of Aker Solutions, and its wholly owned subsidiary Unitech Power Systems have been awarded a contract by renewable energy producer Nadara to carry out electrical infrastructure studies for the proposed 1.8 GW Bellrock…
ABB has agreed to acquire UK-based intelligent flow control solutions provider Rotork in a recommended all-cash deal valuing the company at about $5.5 billion, expanding its automation portfolio and strengthening its position in industrial automation…
Delfin Midstream has issued a limited notice to proceed to Siemens Energy for long-lead equipment for its second floating liquefied natural gas (FLNG) vessel offshore Louisiana and signed an agreement with MidOcean Energy that could see the LNG company acquire up to a 50% interest in the project…
Sweden's government has granted permission for two new offshore wind farms and one onshore project while rejecting several other proposed developments, three ministers said in an op-ed published in Swedish daily Expressen on Thursday.Fyrskeppet…
Fewer vessels travelled through the Strait of Hormuz on Wednesday, the first day after the U.S. reimposed its naval blockade on Iranian ports with both countries escalating strikes across the Gulf, shipping data showed.Nine vessels crossed the strait on Wednesday…
French oil major TotalEnergies higher energy prices due to the war in Iran are expected to lift its second quarter profits, though liquefied natural gas income will be sharply down due to weak trading on declining European demand, according to an earnings snapshot published on Thursday…
Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector…
Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector…