Offshore wind turbine maker Vestas said Wednesday it had finalized the turbine supply deal with Spanish renewables giant Iberdrola for the Baltic Eagle offshore wind farm in Germany.The wind farm is being developed off the island of Rügen, in German waters of the Baltic Sea…
Tidal technology companies Nova Innovation from Scotland and Sabella from France, have signed a Memorandum of Understanding (MoU) to speed up the development of tidal energy sites for both Scottish and French companies.The company said they'd…
Australian oil company Carnarvon Petroleum has selected a jack-up drilling rig for the Buffalo-10 well offshore Timor-Leste, planned to be drilled in October of this year.The company has signed a letter of intent with an undisclosed offshore drilling contractor…
Danish offshore cable supplier NKT has secured the high-voltage turnkey order for the Dogger Bank C, the third phase of what will be the world's largest offshore wind farm, in the UK.NKT had previously entered into a Preferred Supplier Agreement…
Offshore wind installation company Cadeler has ordered two new X-class wind turbine installation vessels from China's COSCO SHIPPING Heavy Industry.The total order amounts to $651 million, so $325.5 million per vessel. According to Cadeler, the new vessels will…
Low-carbon infrastructure developer Cerulean Winds has named NOV as the first of its delivery partners for the fabrication of its proposed integrated 200-turbine floating wind and hydrogen development off the coast of Scotland.As previously reported…
Gulf Marine Services, a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, said Wednesday it had secured three new contracts for its rigs, with a combined duration of 31 months…
Offshore drilling company Valaris has secured a contract extension for its VALARIS JU-250 (ex-Bob Palmer) jack-up drilling rig.The 200-day extension to the charter has been agreed with ARO Drilling a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco…
Ratings agency Moody's Investors Service said on Tuesday that a credit upgrade of Mexican state oil company Petroleos Mexicanos is unlikely given its consistent negative free cash flow generation, despite a recovery in oil prices.Moody's said that its Ba2 credit rating for Pemex…
Norwegian offshore vessel owner Siem Offshore said Tuesday its CFO Dagfinn B Lie had decided to resign.He'll remain with Siem Offshore until September 30, 2021.'The company would like to thank Mr. Lie for his contribution and devotion to the company for the past 14 years…
Brazilian oil company Enauta said Monday it had completed the transfer of a 50% stake in the Atlanta offshore field, previously held by Barra Energia. Enauta in April said it had received regulatory approval to take full ownership of the Atlanta offshore oil field in Brazil…
Oil and gas major Shell is taking the role of Technical Developer for the Acorn Carbon Capture and Storage (CCS) Project in Scotland, the partners in the project said Tuesday.The carbon capture and storage project in the UK, run by Storegga…
Oslo-listed drilling firm Shelf Drilling has secured a contract for the Baltic jack-up rig with TotalEnergies in Nigeria.TotalEnergies local subsidiary Total E&P Nigeria Limited will use the jack-up drilling rig for five wells, plus extension options…
Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian…
Offshore seismic surveyor PXGEO has completed the acquisition of Fugro's subsidiary Seabed Geosolutions, a company specializing in Ocean Bottom Node surveys.'The acquisition includes a substantial ocean bottom node inventory, handling equipment…