The production of new cables with a voltage of 525 kV, intended for the BalWin4 and LanWin1 offshore wind grid connection projects, has started at LS Cable’s facilities in South Korea.The start of production at LS Cable in South Korea’s Donghae…
RWE and Smålandshamnar, which operates the Swedish Port of Oskarshamn, have signed a memorandum of understanding (MoU) to explore whether the port could serve as the offshore wind hub.The collaboration will assess if the port could be a suitable harbor for the logistics…
Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying…
Saudi Arabian state-owned oil and gas giant Aramco has competed the acquisition of a 40% equity stake in Gas & Oil Pakistan (GO).GO is a diversified downstream fuels, lubricants and retail store operator in Pakistan with a network of more than 1…
OEG Renewables (OEGR), a subsidiary of OEG Energy Group, and Sojitz Machinery Corporation (SOMAC) have signed a memorandum of understanding (MoU) for the provision of pre-construction, operations and maintenance (O&M) and vessel services to offshore wind projects in Japan…
Dutch-Norwegian floating solar company SolarDuck has opened an office in Tokyo, strengthening its commitment to the Japanese market and wider Asia Pacific region.The regional office will oversee business development activities over the entire Asia Pacific region…
Norwegian oil and gas companies Vår Energi and Aker BP have drilled two dry wells, one in Barents Sea and the other in North Sea, respectively.Vår Energi drilled the exploration well 7219/6-1 Venus, in production license 1025 S, in the Barents Sea…
Offshore accommodation rig provider Prosafe has been issued a Conditional Letter of Intent (CLoI) for the Safe Boreas semi-submersible accommodation rig to provide gangway connected operations to support a project off the coast of Western Australia…
Damen Shipyards has delivered the third fast crew supplier (FCS) hybrid vessel to Purus, designed to provide low emission crew transfer services to the offshore wind sector.The vessels are fitted with 190 kW battery arrays that enable them to…
Italian cable maker and installation services provider Prysmian has completed the installation of export cable for the 30 MW Eolmed floating wind farm, being built offshore France.Prysmian had secured this project in 2021 with a contract signed…
Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil $22.5 billion, the latest in a series of mega-deals in the energy industry.The U.S. oil and gas industry has been riding a consolidation wave over…
Norwegian seismic firm PGS has obtained all permits for the start of the large Petrobras’ 4D survey over the Barracuda Caratinga fields, offshore Brazil.The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has issued…
Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet…
Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil.The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning…
British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday…
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