U.K. oil and gas company Ithaca Energy has signed a sale and purchase agreement with Spirit Energy, increasing its stake for 46.25% in the Cygnus gas field for $154 million.The transaction, which is subject to NSTA consent, will increase Ithaca Energy's operated interest in Cygnus field to 85%…
Geoquip Marine, a Njord Partners portfolio company, has completed a preliminary geotechnical site investigation for two 4 GW offshore wind projects.The investigation will support the developer in advancing the next phase of design for both project sites…
Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028.The project, named SCALEWIND, will demonstrate…
Subsea7 has secured a contract by the operator ConocoPhillips Skandinavia for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway.The project is granted under a new framework agreement between ConocoPhillips and Subsea7…
Canadian company Cellula Robotics has entered into a sales and representation agreement with Subsea Europe Services (SES) and its defense division, FLANQ to expand the market presence of its advanced autonomous underwater vehicle (AUV) technologies across Northern Europe…
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