Brazil's state-run oil firm Petrobras has acquired a 42.5% stake in Block 2613, offshore Namibia.The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block.TotalEnergies Secures Operated Interest in Namibia’s Offshore LicenseThe selling companies are Eight Offshore Investment Holdings and Maravilla Oil & Gas.After the completion of the transaction…
CAPE Holland, a global leader in offshore industry foundation installation equipment and a company within the Venterra Group, announced that it has secured a contract with CDWE for the Fengmiao Offshore Wind Farm project in Taiwan. Under this agreement…
DOF Group ASA (DOF) has announced a substantial* contract award with Shell Offshore Inc. for the provision of Hydraulic Subsea Well Intervention Services.Under the contract, DOF’s regional subsea team in North America will be responsible for the provision of project management…
Progress on the BorWin6 Project continues with the successful completion of a fabrication yard milestone in Jebel Ali, United Arab Emirates. Mammoet has completed the transport, loadout and mooring of the 5,461-ton offshore jacket foundation…
Seatrium, GE Vernova and transmission system operator TenneT have marked the strike steel for the Nederwiek 2 offshore platform, the third platform under TenneT’s 2 GW offshore wind grid program.The start of construction was marked by parallel…
Saipem’s first resident underwater drone Hydrone-R has completed an autonomous survey mission over the Arctic coral area of the Njord field offshore Norway, operating without cables or surface vessel support.Hydrone-R Underwater Intervention Drone carried out the mission independently…
Norwegian vessel owner Solstad Offshore has signed a letter of intent (LoI) with client for its Normand Tonjer construction support vessel (CSV).According to Solstad Offshore, area of operation for the vessel will be Asia-Pacific. The contract has a duration of 225 days…
BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…
Vietnam's authorities selected a newly created subsidiary of real estate conglomerate Vingroup to develop the first phase of one of the country's largest wind power projects, excluding Morgan Stanley-backed German renewable firm PNE which said the decision came as a surprise…
TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 exploration license offshore Namibia from Eight Offshore Investments Holdings and Maravilla Oil & Gas.Following completion of the transaction, TotalEnergies will become operator of the licence with a 42…
Stena Drilling’s Stena Evolution drillship has received the Abate (P+) notation from classification society DNV.The Abate (P+) qualifier confirms defined design and control of the vessel’s power generation systems, together with an emission…
EnBW and Google have signed a long-term power purchase agreement (PPA) for 100 MW of offshore wind power from He Dreiht project in Germany, to be delivered over a period of 15 years.Google aims to operate its global operations on 24/7 carbon free energy by 2030…
Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series…
MacGregor has been selected to supply a substantial 400-tonne Active Heave Compensated (AHC) subsea crane for a new 127-meter Floating Wind Farm Construction Vessel (FWCV).Purpose-built for the burgeoning floating offshore wind market, the new…
SBM Offshore and ExxonMobil Guyana, an affiliate of ExxonMobil, have completed the transaction related to the purchase of One Guyana floating production, storage and offloading (FPSO) unit.The purchase was completed ahead of the maximum lease term which would have expired in August 2027…