Singapore's Sembcorp Marine and GE Renewable Energy’s Grid Solutions have secured a firm contract from RWE Renewables for the supply to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia offshore wind farm…
Offshore installation contractor Subsea 7 has entered into a joint venture with Ireland-based marine developer Simply Blue Energy, to further develop its Salamander floating wind farm concept, off the northeast coast of Scotland.'Salamander…
Oceanteam Bourbon 4, a joint venture owned 50/50 by Oceanteam and Bourbon Offshore Norway, has entered into a memorandum of agreement regarding the sale of the vessel CSV Southern Ocean.The sale is made subject to customary conditions and is expected to be completed in April 2021…
The European Investment Bank (EIB) has granted a €350 million (~$412 million) credit line to a consortium building a wind farm off the coast of Courseulles-sur-Mer in France. This financing, granted to the consortium made up of EDF Renouvelables…
Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…
No deal has yet been reached on the future of a lucrative shared oil deposit as a deadline expired on Thursday, but Mexican state-run Pemex and Talos Energy will keep talking, three sources with direct knowledge of the matter told Reuters.How…
Jacktel, a subsidiary of Macro Offshore, has won a contract with Total for the supply of its accommodation jack-up Haven at the Tyra redevelopment project offshore Denmark.The contract has a duration of 20 months and starts in the third quarter of 2021…
Offshore drilling rig contractor Northern Ocean expects its West Mira drilling rig to return to work by mid-April after it last week experienced an incident in which some production equipment was dropped to the seabed, off Norway.'During the…
Swedish oil company Lundin Energy has made a minor oil discovery in the North Sea, offshore Norway.The Norwegian Petroleum Director said Friday that Lundin's Norwegian subsidiary Lundin Energy Norge had completed the drilling of the wildcat well 16/4-13 S…
Offshore installation contractor Jan De Nul has informed that the keel-laying ceremony was held in China for its offshore installation vessel Voltaire. The vessel will, once delivered, be able to install the world's largest offshore wind turbines…
Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge.The deal, first announced in December 2020, sees HitecVision-backed Sval acquiring ten production licenses on the Norwegian continental shelf…
European utilities are offering a slew of offshore wind farms, eager to cash in on high valuations as investors hungry for stable returns increasingly flock to the sector, people close to the matter said.Demand for such assets has surged as…
An Italian judge accepted on Thursday a request filed by energy group Eni with prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic.'Eni reiterates that is pleased that the Milan Court…
INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…
Norwegian offshore survey company EMGS said Thursday it had won a 3D CSEM contract in Southeast Asia. 'This is EMGS's first CSEM data acquisition contract with this customer,' EMGS said without sharing who the customer was.'The company expects…
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