Norwegian state-owned company Petoro has awarded a frame agreement to AGR for the provision of independent consultancy and third-party verification studies within subsurface, drilling and wells and field development.Petoro is a state-owned limited…
UK oil and gas company Baron Oil has decided to surrender the UK license P2478 to North Sea Transition Authority (NSTA) following delays with the acquisition of 3D seismic data for the block, located in the Inner Moray Firth area of the North Sea…
The Dutch government on Thursday said it had received multiple bids in a tender to build an offshore wind farm in the Dutch part of the North Sea with a total capacity of 4 GW.The government said it expected to announce the winning bid in June…
A project to transform the Port Talbot into a major hub for floating offshore wind (FLOW) and green energy development has come one step closer to securing a share of up to $200 million (£160 million) of UK Government funding.The UK Government…
Subsea7's renewables-focused offshore installation subsidiary Seaway7 has secured a ‘sizeable contract’ by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 offshore wind farm in Poland…
TotalEnergies has informed that the restart of production from the Tyra facilities is progressing according to plan, with the first gas expected to be exported to the Danish market from the new Tyra II system on March 28, 2024.TotalEnergies…
Vattenfall has decided to enter a bid for the sites, Alpha and Beta, of the Dutch IJmuiden Ver offshore wind tender.IJmuiden Ver consists of two sites, each with a 2 GW capacity. Plans for site Alpha focus on biodiversity criteria, while Beta is focused on system integration…
British North Sea-focused oil producer EnQuest narrowed its annual loss to $30.8 million last year, down from a $41.2 million loss in 2022, it said on Thursday.The company also announced its first shareholder return in the form of a $15 million share buyback this year…
Oilfield services firm Petrofac has secured a contract extension with ONEgas West, a joint venture operated by Shell and Nederlandse Aardolie Maatschappij (NAM).The two-year brownfield Engineering, Procurement and Construction (EPC) contract award extends the previous three-year contract…
Bureau Veritas has issued the world’s first prototype certification for a floating offshore solar technology to the Dutch-Norwegian renewable energy company SolarDuck for its 0.5 MW pilot platform Merganser.The certification represents a significant…
Vattenfall has completed the sale of the Norfolk Offshore Wind Zone to RWE, with the agreed purchase price corresponding to an enterprise value of $1.21 billion (£963 million). The deal ensures continued development of the Norfolk Zone which…
Acteon Group, the international offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP).Buckthorn and OEP are making a substantial investment in the business…
Global Energy Group (GEG) has completed the fabrication of two towheads at the Port of Nigg on behalf of Subsea7, for the Aker BP Valhall PWP - Fenris field in the southern North Sea.The two towheads come complete with equipment interface support frames and buoyancy tank interface frames…
Danish offshore wind installation firm Cadeler has signed a contract to provide its vessel Wind Scylla for the installation of offshore wind turbines for an undisclosed client.The contract is valued between $75 million and $150 million, including both the firm period and potential options…
Hiab, part of Cargotec, has received an order for loader cranes to be used in offshore wind turbines worth $5.4 million.The order was booked in Cargotec’s 2024 first quarter orders, and will be delivered during 2024. The crane model ordered is the HIAB SWP…
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