TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for $689 million.Following the farm down, TotalEnergies retains 25.5% of Seagreen offshore wind farm…
Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…
Brazil's state-run oil company Petrobras has signed contracts with Enauta for the sale of its entire stake in in the Uruguá and Tambaú fields, located in the Santos Basin.The amount to be received by Petrobras from the operation is up to $35 million…
German utility RWE on Thursday said it would acquire three offshore wind projects off the English coast from Sweden's Vattenfall in a deal that values the assets at 963 million pounds ($1.2 billion).The UK Norfolk Offshore Wind Zone portfolio consists of three 1…
Britain's Harbour Energy HBR.L on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with BASF and LetterOne that creates one of the world's largest independent producers.London-listed Harbour…
Offshore drilling company Valaris has taken delivery of newbuild drillships VALARIS DS-13 and DS-14 for an aggregate purchase price of approximately $337 million.VALARIS DS-13 and DS-14 will be mobilized from South Korea to Las Palmas in Spain…
Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) because membership is not serving its interests, oil minister Diamantino Azevedo said on Thursday.Angola, which joined OPEC in 2007, produces about 1.1 million barrels of oil per day…
TotalEnergies has exercised the first option under the contract for DeepSea Mira semi-submersible drilling rig, extending its contract for 180 additional days for work in West Africa.The owner of the offshore drilling rig Northern Ocean said…
Dutch company SolarDuck has secured $16.4 million from existing and new investors for the development and deployment of its offshore solar technology.The funding has been provided by Katapult Ocean, Green Tower, Energy Transition Fund Rotterdam and Invest-NL…
European Union’s Horizon program has approved a $4.4 million grant for SHY project, which will develop a new power take-off (PTO) system with advanced control strategy, aimed at reducing the cost of wave energy.SHY project, short for Seawater…
Valeura Energy has completed an infill drilling campaign at its Nong Yao oil field offshore Gulf of Thailand, where it holds a 90% operated working interest.The company has drilled four wells at the Nong Yao A wellhead processing platform, including…
Dutch offshore survey firm Fugro has reached an agreement to acquire two platform supply vessels (PSVs), Sea Goldcrest and Sea Gull, which will be converted to geotechnical vessels to address the needs of growing offshore wind sector.The addition of the Sea Goldcrest and Sea Gull…
Danish company Vestas and Swedish utility Vattenfall have signed a 1.4 GW preferred supplier agreement for UK offshore wind project, with exclusivity agreements for two additional 2.8 GW projects in the country.The agreements for the three projects…
Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a cable-laying vessel for Prysmian Group valued at $250 million.This is the third cable-laying vessel Vard is building for Prysmian Group after vessels Monna Lisa…
Offshore drilling contractor Noble Corporation has secured a contract with Petrobras for the semi-submersible rig Noble Discoverer to provide drilling services offshore Colombia.The contract has a firm duration of 400 days, with expected start in Q2 2024…
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