Denmark’s largest offshore gas development, the Tyra hub in the North Sea, has been restarted with full technical capacity achieved on the facilities, following the completion of repairs which impacted the production.BlueNord, the partner in…
Equinor has established a new business area, combining renewables with its gas-to-power and energy storage units as it aims to capitalize of rising power demand.The announcement comes in response of growing power demand from electrification of society and industry…
Aker Solutions has unveiled three floating wind foundation designs – the YFloat, CONFloat-Omega, and CONFloat-7C – engineered to maximize energy production, simplify construction and reduce maintenance.All three have passive ballast systems…
Estonian energy producer Sunly, French renewable pioneer VALOREM Group, and Deep Wind Offshore have signed a partnership agreement to jointly develop Tuul Energy offshore wind project in Estonia.Following the agreement, VALOREM Group and Sunly will enter Deep Wind Offshore’s project…
Navantia Seanergies and Semco Maritime have teamed up to advance the development of offshore substations for offshore wind market.The partnership brings the capabilities of Europe's largest industrial-scale manufacturer in offshore wind and…
Pakistan's Oil and Gas Development Company Limited (OGDC) expects to start production in Abu Dhabi's Offshore Block-5 by 2027, while also increasing domestic oil and gas output and diversifying into minerals, its CEO said on Wednesday.OGDCL…
Trelleborg Marine and Infrastructure has launched advanced sealing system, IRIS, for Airtight Platforms (ATP), which has the potential to improve offshore wind foundation designs.The new seal eliminates the need for welded steel landing rings…
Vietnam's state oil firm Petrovietnam and Malaysia's Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday…
OEG Energy Group (OEG) has officially unveiled GEOBASE, an offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software…
Fugro and Spoor, a software company that helps renewable energy projects reduce their environmental impact, have signed a memorandum of understanding (MOU) to develop a new bird-monitoring solution for offshore renewable energy projects.The…
Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract for maintenance, construction, and modification services for offshore facilities in Malaysia, worth $8.9 million…
Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services…
UK’s first CO2 injection test for the Poseidon carbon capture and storage (CCS) project, which will store CO2 at Perenco-operated Leman gas field in Southern North Sea, has been completed.The test involved the injection of CO2 into a depleted natural gas reservoir in the UK’s Southern North Sea…
Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contract based in Norway, in a deal worth $985.5 million.The strategic acquisition aligns with DEME's ambition…
SBM Offshore has signed a non-recourse sale and leaseback financing agreement for Cidade de Paraty floating, production storage and offloading (FPSO) unit, for the total amount of $400 million and with a tenor of eight years.The transaction is expected to be completed before the end of April 2025…
