Prysmian Group and RWE Renewables have finalised the contract for the export cable connection of the 1.4 GW Sofia offshore wind farm, worth more than € 200 million. The contract, which follows the preferred bidder agreement from November 2020, includes the development of the turn-key high voltage su
Floatel International has been awarded a contract extension for one of its units from Equinor for operations on the Martin Linge field offshore Norway.
Japanese shipbuilders Mitsui E&S Shipbuilding Co. and Tsuneishi Shipbuilding have agreed on the main terms and conditions of a business tie-up further driving consolidation in the sector. Mitsui announced plans to split its naval ship business and merchant shipbuilding business as part of its Mid-Te
The U.S. Bureau of Ocean Energy Management (BOEM) has released the Notice of Intent (NOI) to launch the formal environmental review for Ørsted’s Ocean Wind project offshore New Jersey. The NOI announces the preparation of the Environmental Impact Statement (EIS) for the Construction and Operations P
OGCI Climate Investments fund is set to invest $10 million in NextDecade, through a stock purchase, further supporting the latter’s efforts of delivering the lowest end-to-end emission LNG.
Injazat and Lamprell have entered into a JV agreement to create and market innovative digital solutions focusing on the renewables and oil & gas industries.
Bureau Veritas (BV) and Nexans have signed a partnership agreement to reduce risk and promote best practices for turnkey deliveries of high voltage power cables used for connecting offshore wind farms to onshore grids. With insurers’ studies confirming that high voltage power cables are among the mo
Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Australia.
Neptune Energy has reduced its volume estimate for the Dugong discovery, located in the North Sea, following an appraisal well drilling.
Following the acquisition of the Bauna offshore field, Karoon Energy has created a Brazil Business Unit and is working to restructure its executive team.
Energy major Shell has proposed linking its directors’ pay more closely to the group’s climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes.
Oceanteam has entered into a memorandum of agreement for the sale of the CSV Southern Ocean, announcing also a potential merger with PASSER Group to target high-growth offshore renewable energy market.
Malaysian oilfield services contractor Deleum Primera has been suspended by compatriot oil company Petronas from participating in future tenders.
The FTI Consulting liquidators, appointed as joint provisional liquidators for seismic contractor Polarcus, have filed a mandatory report to the Grand Court of the Cayman Islands.
