Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…
Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.In an update ahead of its fourth-quarter results on February 4…
Norway's Havyard has delivered the Esvagt Schelde offshore wind service vessel, built for the Danish shipowner Esvagt.The vessel that was handed over on Friday is the last in a record series, but also the first in a new series to be delivered to Esvagt…
New York-listed offshore vessel operator SEACOR Marine has agreed to sell its Windcat Workboats and its crew transfer vessel (“CTV”) business to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat Workboats owns and operates a fleet of 46 offshore crew transfer vessels…
Offshore wind turbine installation company Cadeler, until recently known as Swire Blue Ocean, has ordered a new crane for its Wind Orca vessel, to prepare it for the giant offshore wind turbines of the future.The company has signed a contract…
GE Renewable Energy has been confirmed as the preferred turbine supplier for Dogger Bank C offshore wind farm in the UK.The 1.2 GW third phase of the 3.6 GW Dogger Bank wind farm owned by Equinor and SSE will become the world’s largest offshore wind farm when complete in 2026…
Just hours after announcing three contracts for its platform suppliers in the North Sea and Suriname, Norwegian offshore vessel operator Solstad Offshore released a separate statement on Thursday, announcing charters for three construction vessels…
Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…
UK-based Ineos, one of the world's largest chemical producers, has struck a ten-year power purchase deal in Belgium with RWE Supply & Trading. Electricity will come from an offshore wind farm.,Starting from 2021, Ineos will buy 198 gigawatt-hours of green electricity per year from RWE…
GE Renewable Energy Offshore Wind (GE) has ordered two crew transfer vessels destined to serve the Saint-Nazaire offshore wind farm in France.GE has ordered the vessels from Louis Dreyfus Armateurs and Tidal Transit. The two crew transfer vessels…
Dutch offshore installation services company Heerema Marine Contractors has, using its heavy lift vessel Aegir, transported and installed the 1650 metric ton water handling module for client TechnipFMC on the Woodside-operated Pluto Alpha offshore platform in Australia…
Energean, an oil and gas company focused on developing its Karish gas field offshore Israel, has signed agreements to sell more gas from the project.The company said Thursday its 70 percent-owned subsidiary Energean Israel had entered into a…
Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizons PCC Ltd.The offer values Far at 2.1 Australian cents per share, representing a premium of 90…
Equinor has awarded key contracts for the Northern Lights carbon capture and storage project in Norway to Aker Solutions. The contract awards come just days after the Norwegian Government announced its funding decision for the Northern Lights project…
Norwegian offshore vessel operator Rem Offshore has ordered a Construction Service Vessel for offshore wind operations from Green Yard Kleven shipyard in Ulsteinvik.Havyard Design & Solutions AS is responsible for the design. The vessel, which…