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US Revokes Licenses to Repsol, Eni, Maurel et Prom for Venezuelan Oil

Mar 31, 2025

U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain's foreign minister promised to defend Repsol's interests.President Donald…

First Turbine Stands Tall at RWE’s Sofia Offshore Wind Farm

Mar 28, 2025

Cadeler’s Wind Peak jack-up vessel has completed the installation of the first 14 MW offshore wind turbine at RWE’s Sofia offshore wind farm, located on the Dogger Bank off the U.K. east coast.The turbine installation vessel, Wind Peak, from Cadeler…

Bardex Corporation, Gabriel Engineering Partner Up for Floating Wind Moorings

Mar 28, 2025

Bardex Corporation and Gabriel Engineering Group have signed a memorandum of understanding (MoU) to collaborate on anchor, mooring, and precision-component technologies for floating offshore wind.The partnership will investigate development of a U…

NEO Energy and Repsol to Merge UK Oil and Gas Assets

Mar 27, 2025

NEO Energy and Repsol Resources UK have entered into strategic merger, creating one of the largest U.K. North Sea independent oil and gas companies under the name of NEO NEXT.Under the terms of the transaction, the combined business will be…

OWGP Boosts Five Offshore Wind Manufacturers with $1.8M

Mar 26, 2025

The Offshore Wind Growth Partnership (OWGP) has announced the recipients of its first-ever Manufacturing Facility Support Program (MFSP), designed to drive investment and increase U.K. offshore wind manufacturing capacity and capability.A total of $1…

Ithaca Energy’s Restructuring Plan to Lead to Job Cuts

Mar 26, 2025

North Sea oil and gas group Ithaca Energy launched a restructuring process that it expects to lead to job cuts, it said on Wednesday.The process, which follows the completion of Ithaca's acquisition of Eni's UK assets, is expected to be completed by July 1…

Sea Lion Offshore Oil Project in Falkland Islands Targets FID in Mid-2025

Mar 24, 2025

A final investment decision (FID) for the Sea Lion development offshore the Falkland Islands could be reached in mid-2025, according to Rockhopper, which is partner in the project with the operator Navitas Petroleum.Navitas continues to estimate Capex to first oil on phase 1 of c$1…

UK Appoints Cammell Laird Shipyard to Assess Future Market for OW Vessels

Mar 17, 2025

The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and the Crown Estate, have appointed Cammell Laird shipyard to carry out a detailed analysis of the future market opportunity for U.K.-built ships in offshore wind…

Belgian and Greek Contractors Reel In UK’s HVDC Interconnections Deal

Mar 17, 2025

Belgian offshore installation contractor Jan De Nul, in consortium with Greek cables supplier Hellenic Cables has signed a framework agreement with National Grid for strategic HVDC interconnections in the U.K.This agreement will entitle the…

Sofia Offshore Wind Farm Buzzing with Construction Activity

Mar 17, 2025

RWE has marked significant progress in the construction of its 1.4 GW Sofia offshore wind farm, located on the Dogger Bank off the U.K. east coast, with the first turbine installation expected in the coming weeks.Earlier in March, the project…

RWE Signs PPA to Power Data Center Hub with Offshore Wind Energy

Mar 17, 2025

RWE, the U.K.’s largest power generator, has signed a 10-year power purchase agreement (PPA) with Telehouse International Corporation of Europe to supply it with green electricity from the London Array offshore wind farm.Under the agreement…

Woodside Inks Long-Term LNG Supply Deal with China Resources

Mar 17, 2025

Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…

SBM Offshore, Microsoft Team Up for Clean AI-Driven Floating Power Solutions

Mar 14, 2025

SBM Offshore has entered into a global collaboration agreement with Microsoft to develop standardized, AI-powered carbon-free floating power solutions to address the growing needs for carbon-free electricity.This collaboration is set to transform…

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

Mar 12, 2025

The Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive to Conrad Asia Energy, the operator of the Mako Gas field offshore Indonesia, stating that all gas produced from the field would be sold to state-owned PT…

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Mar 11, 2025

The Offshore Renewable Energy (ORE) Catapult and the Japanese Floating Wind Technology Research Association (FLOWRA) have signed a memorandum of understanding (MoU) to work together to reduce development risks and costs of floating offshore wind…

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