The consortium made up of Dragados Offshore – a subsidiary of Cobra IS, a VINCI company – and Siemens Energy has been awarded a $3.17 billion (€2.9 billion) contract by the German transmission system operator 50Hertz to design, build and install of two electrical conversion stations…
Repsol and EDF Renewables have signed an exclusivity agreement to cooperate on future offshore wind tenders in Spain and Portugal.The collaboration brings together Repsol's commitment to multi-energy growth and knowledge of the Spanish and Portuguese…
Saipem has secured a contract for the supervision and the subsea intervention services of the GreenStream pipeline, throughout the offshore and onshore sections at Libya and Italy terminals.The new contract, awarded by GreenStream, one of the leading midstream players in the Mediterranean Sea…
Acteon’s InterMoor has completed the construction of 12 mooring piles for the Salamanca floating production unit (FPU) located in the U.S. Gulf of Mexico and operated by LLOG Exploration.The 12 piles, built with over 2,000 tons of steel, are 80’ long and 16’ OD…
MODEC has secured an Approval in Principle (AiP) for Abate Notation from classification society DNV for its FPSO Bacalhau, set for deployment at an Equinor-operated oil project offshore Brazil.In this project, a comprehensive assessment of greenhouse…
Carnarvon has informed that the joint venture in charge of Dorado project, one of the largest offshore oil discoveries in Western Australia, is finalizing the assessment of key optimization opportunities, expected to improve project economics and significantly lower upfront CAPEX…
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.Pursuant to the signed agreement, Chevron as the operator will retain a 40% interest, while Paradise Oil Company…
Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has selected Fugro to perform a geotechnical investigation of their lease area in the New York Bight.With 3 GW of offshore wind energy potential, the developed…
SK Innovation, parent of South Korea's largest oil refiner and battery maker SK On, said on Wednesday it will merge with energy affiliate SK E&S as the nation's No. 2 conglomerate undertakes a major overhaul to boost profitability.The move, which creates a 100 trillion won ($72…
U.S.-based offshore drilling company Diamond Offshore has made progress on the installation of Managed Pressure Drilling (MPD) equipment on its drillships, set for completion by the end of 2024.In early 2024, Diamond Offshore introduced MPD supervisors offshore to optimize operations…
Norwegian seismic company TGS has signed a global multi-year agreement with Shell to license the TGS Imaging AnyWare software suite, announcing also it has secured another contract for the Ocean Bottom Node (OBN) data acquisition work in North America…
The government of Australia has granted 12 feasibility licenses for the Gippsland Offshore Wind Zone, with the potential installed generation capacity of 25 GW.The news follows Australia’s governments move to approve six projects for feasibility…
The Vineyard Wind offshore wind project off the coast of Massachusetts is shut down until further notice while authorities investigate a turbine blade failure that caused debris to wash up on beaches, a federal agency said on Tuesday.The U.S…
Bluestream, an OEG Renewables business, has secured a large remedial campaign on two offshore wind farms in the German sector of the Southern North Sea.Bluestream has been awarded a remedial campaign by Vattenfall and Stadtwerke München on the…
Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of the second commissioning service operation vessel (CSOV) for Taiwanese offshore wind operations.TSSM, the joint venture between Mitsui O.S.K. Lines (MOL) and Ta Tong Marine…