North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks…
French energy major TotalEnergies has has signed an agreement with Austria’s OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream for $903 million.The transaction includeds the transfer of a $350 million loan granted by OMV to SapuraOMV…
Italy’s Eni and its majority-owned Vår Energi have completed the acquisition of Neptune Energy and its entire portfolio of oil and gas assets, except the company’s business in Germany.Vår Energi completed the acquisition of Neptune Energy Norge along with its Norwegian oil and gas assets…
ROV specialist Forum Energy Technologies (FET) has appointed Martin Thomson as its first ever energy transition business development manager within its subsea business.Martin Thomson, who will be based at the company’s Aberdeen office, brings…
Harbour Energy and its project partner BP have awarded Technip Energies a Front-End Engineering Design (FEED) contract for the Viking carbon capture and storage (CCS) project.The contract includes responsibility for the design of the CO2 transportation…
Norway-based company Deep Wind Offshore has entered into collaboration with Hydepoint to explore offshore hydrogen production from offshore wind.The two companies will work together to explore best possible integration of offshore wind and hydrogen…
Global Maritime announced it has acquired engineering specialist Iberian Offshore, strengthening Global Maritime's footprint in the emerging Spanish offshore wind sector and serving as a gateway for future expansion into the Mediterranean region…
Norwegian vessel owner Golden Energy Offshore Services (GEOS) has entered into contracts for two of its platform supply vessels (PSVs) – Energy Passion and Energy Paradise.The contract is with ‘Tier 1 international oil major’ whose name was not disclosed…
Amazon has signed a corporate power purchase agreement (CPPA) with developers of 882 MW Moray West offshore wind farm in Scotland, securing more than half of its capacity to power its UK operations.The CPAA was signed with Engie, which together…
Years of network expansion on land in Germany has led to a drop in the proportion of offshore wind power contributed from the North Sea to the country's total wind energy output, Dutch grid operator TenneT said on Monday.In 2023, the share of…
Out of the 380 GW of pre-sanctioned offshore wind capacity that is forecast to reach FID between 2024 and 2030, nearly 40% of the pipeline is considered to be at risk, according to the new research by Westwood Global Energy Group.In its Project Certainty White Paper…
Malaysian FPSO leasing firm Yinson Production has appointed TMC Compressors to supply a large marine compressed air system for FPSO Agogo, which will be operated by Azule Energy, a BP-Eni joint venture, on a development offshore Angola.Under the contract…
The UK government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market.The consortium, which includes Morek Engineering, Solis Marine Engineering…
Norwegian offshore vessel operator Østensjø Rederi announced it has sold the multipurpose vessel Edda Fjord to an undisclosed buyer.The vessel was delivered to its new owners in Haugesund, Norway on January 24, 2024 and is now en route to embark on new projects in Brazil…
French green hydrogen production specialist Lhyfe has announced the operating results of its offshore hydrogen production pilot platform, Sealhyfe, confirming the initial objectives have been met with valuable insights gathered for the large-scale HOPE project…