Westwood Global Energy Group News

 

DeepOcean Wraps Up Work at US Offshore Wind Project

Jan 23, 2026

Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations…

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Jan 22, 2026

Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Jan 21, 2026

Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…

Galp Focuses on Growing Upstream in Brazil, Namibia

Jan 20, 2026

Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday…

Wood Lands $65M Contract Extension for Australian Gas Project

Jan 20, 2026

Engineering Wood has secured a two-year contract extension worth up to $65 million with Woodside to continue delivering brownfield engineering, procurement and construction management (EPCM) services across offshore assets at the North West Shelf (NWS) Project in Western Australia…

James Fisher Backs US Autonomous Vessel Firm Ocean Aero

Jan 20, 2026

James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous…

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Jan 20, 2026

ADNOC Gas has signed a long-term liquefied natural gas (LNG) supply agreement worth between $2.5 billion and $3 billion with India’s Hindustan Petroleum Corporation Limited (HPCL).The 10-year sales and purchase agreement covers the supply of 0…

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Jan 19, 2026

Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The Suksan Salamander…

MODEC Hires DOF for Mooring Job at ExxonMobil’s Oil Project off Guyana

Jan 19, 2026

DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana.Under the contract…

OMS Group Enlists Ulstein to Build Two Next-Gen Cable Layers

Jan 19, 2026

Subsea services provider OMS Group has signed contracts with Ulstein for the design and construction of two cable laying vessels (CLVs).The vessels will be designed by Ulstein Design & Solutions and constructed at Ulstein Verft, with delivery planned for 2028…

RWE Secures Long-Term LNG Supply from Texas LNG Project

Jan 16, 2026

RWE Supply & Trading has signed a 20-year sales and purchase agreement with Texas LNG Brownsville, part of Glenfarne Group, for the supply of liquefied natural gas (LNG) from the United States.Under the agreement, RWE will purchase one million tonnes of LNG per year…

Woodside to Supply LNG to JERA During Japan's Winter Peak

Jan 15, 2026

Woodside Energy Trading Singapore has signed a sale and purchase agreement with Japan’s JERA for the supply of liquefied natural gas (LNG) during Japan’s peak winter period, strengthening long-term LNG supply arrangements between the two companies…

US Extends Talks on Possible $22B Sale of Lukoil Assets

Jan 15, 2026

The U.S. Treasury Department on Wednesday extended a license by more than a month - until February 28 - for companies to talk with Russian energy company Lukoil about buying its foreign assets.President Donald Trump imposed sanctions on Lukoil and Rosneft…

Hanwha Enters Pre-Qualification for Offshore Wind Bid in Nova Scotia

Jan 14, 2026

Together with its sister company Hanwha Ocean, Q ENERGY France, a Hanwha company, has announced its participation in the pre-qualification process to participate in a call for bids for seabed licenses to develop offshore wind projects in Nova Scotia…

Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7

Jan 14, 2026

Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK…

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