Inch Cape Offshore Limited, developer of the Inch Cape Offshore Wind Farm, has signed a long-term route-to-market power purchase agreement (PPA) with SSE Energy Markets.SSE Energy Markets will offtake 50% of the wind farm’s electricity output…
Equinor, the operator of the Johan Castberg field, has anchored the floating production, storage and offloading vessel (FPSO) unit at the field in in the Barents Sea, which is expected to start producing at the end of 2024.The hook-up of the FPSO to the subsea facilities…
Equinor and its partners have made an oil and gas discovery on the Gudrun field in the North Sea, offshore Norway, using Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The discovery was made in wildcat wells 15/3-13 S and 15/3-13 A…
Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, has submitted the offshore scoping report for its Bowdun offshore wind farm to the Scottish Government.The report provides information on the proposed offshore…
French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry.The acquisition price is $17…
Following the capacity reservation agreement signed in November 2023, French cable maker Nexans has signed an agreement with SSEN Transmission to produce and install the cable that will connect Orkney Isles with the U.K. mainland.The contract…
BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…
High-technology offshore wind companies Rovco and Vaarst have entered into merger, creating a new brand Beam to boost their offshore wind services.In uniting their capabilities across research, development, and deployment, Beam will provide…
Italian offshore energy services firm Saipem has secured contract extension with Aker BP for its Scarabeo 8 semi-submersible drilling rig, in operation offshore Norway.The contract for Saipem’s Scarabeo 8 for has been extended until the end of 2026…
The European Investment Bank (EIB) and the Irish Department of Transport have established an advisory cooperation to assess capacity, demand and financing strategies for the development of offshore renewable energy port infrastructure, which…
Offshore drilling contractor Northern Ocean has appointed Eirik Sunde as the new Chief Commercial Officer.Effective as of December 1, 2024, Sunde will join Northern Ocean from Transocean, where he has served as Senior Marketing Manager, overseeing commercial processes for the Norwegian sector…
Renexia, through its subsidiary Renext Solutions, has signed a front-end engineering and design contract (FEED) with Aker Solutions to design the underwater substations for Med Wind project, a 2.8 GW floating wind farm in the Mediterranean Sea…
The Vesterhav Nord and Vesterhav Syd offshore wind farms, developed by Vattenfall with a combined capacity of 344 MW, have been officially inaugurated offshore Denmark.The two, almost identical wind farms, are located off the Danish west coast and consists in total of 41 wind turbines…
French subsea power cable maker Nexans has unveiled plans to invest $99 million (€90 million) in the construction of new and the upgrade of existing facilities to support the development of offshore wind and subsea interconnections in Europe…
Transmission system operator TenneT and marine engineering and construction company Seatrium have held a strike steel ceremony at Tuas Boulevard Yard in Singapore, marking the start of construction of offshore platform IJmuiden Ver Beta, one of the first Dutch 2 GW grid connection projects…
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