Nexans has secured a framework agreement with Réseau de Transport d'Électricité (RTE) for the design, manufacturing, and supply of HVDC cables, which will be used to connect three offshore wind farms to the French transmission network.The framework agreement covers the supply…
MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…
Oilfield services company TechnipFMC has been secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.The Johan Sverdrup field…
Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast…
Offshore accommodation rig provider Prosafe has published an operational update for February 2025, achieving fleet utilization of 57%.The company’s accommodation rigs Safe Notos, Safe Zephyrus and Safe Concordia operated at full capacity during the period…
Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has granted consent to Equinor for exploration drilling in an oil and gas block in the North Sea.The consent is for block 24/11, part of production license 169…
A final investment decision (FID) for the Sea Lion development offshore the Falkland Islands could be reached in mid-2025, according to Rockhopper, which is partner in the project with the operator Navitas Petroleum.Navitas continues to estimate Capex to first oil on phase 1 of c$1…
Austrian manufacturer of hydraulic lifting and handling systems for marine applications Palfinger Marine has been selected to supply platform cranes for Bałtyk 2 and 3 offshore wind farms, being developed by Equinor and POLENERGIA offshore Poland…
Lighting specialist Glamox has secured a contract from ProCon Wind Energy to supply its LED marine lighting solutions for Thor offshore wind farm, being constructed by RWE offshore Denmark.The contract from ProCon Wind Energy will see lighting…
Dutch geological data specialist Fugro has informed that its Fugro Mercator vessel had an incident offshore Italy, when it run aground amid deteriorating weather conditions.On March 22, Fugro received report that the geophysical survey vessel…
The government of Canada has supported the Cedar LNG project, being developed by the Haisla Nation and Pembina Pipeline Corporation, with up to $140 million as part the strategic agreement under the Strategic Innovation Fund (SIF).The $4 billion…
Shell Brasil Petróleo, a subsidiary of Shell, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater oil and gas project in the pre-salt area of the Santos Basin, offshore Brazil.The Gato do Mato Consortium includes Shell (operator with a 50% stake)…
Hellenic Cables and Asso.subsea have secured a turnkey contract by Réseau de Transport d’ Électricité (RTE) to supply and install export cables for the Dunkerque offshore wind farm.The Dunkerque offshore wind farm, with a planned capacity between 500 and 600 MW…
Golar LNG has entered into finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for its floating liquefied natural gas (FLNG) unit Gimi.The sale leaseback facility will be approximately $1…
Well construction and intervention solutions company Reelwell has secured a strategic equity investment by drilling and well services provider Odfjell Technology, which will buy 10% stake for $3.8 million.The investment from Odfjell Technology…
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