Copenhagen Infrastructure Partners (CIP) is selling its 35 per cent stake in the 588 MW Beatrice offshore wind farm to The Renewables Infrastructure Group (TRIG) and funds managed by Equitix Investment Management Limited. TRIG has exchanged contracts with CIP to acquire an equity interest of 17.5 pe
Oceaneering’s Subsea Robotics segment has won multiple contracts during the fourth quarter of 2020, with anticipated aggregate revenue in excess of $225 million. These contracts are with international oil and gas operators and marine construction companies, and range in duration from several months
FPSO operator BW Offshore has informed that two workers have died following an incident onboard its FPSO Espoir Ivoirien located offshore Ivory Coast.
Offshore drilling contractor Maersk Drilling has received notice of early termination for convenience of a one-well contract with Dana Petroleum in Denmark.
A new group has acquired the business assets of the Australian tidal energy project and technology company MAKO Tidal Turbines following its voluntary entry into administration late in 2020.
Seagreen 1A Ltd. is seeking feedback on the onshore and offshore grid connection proposals related to the remaining 36 turbines to be installed at the Seagreen offshore wind project. The company is undertaking pre-application consultation ahead of potentially submitting applications to East Lothian
As the first in the international shipping industry, Norway’s Odfjell SE has successfully issued a sustainability-linked bond.
Danish wind turbine manufacturer Vestas plans to lay off around 220 people in the process of integrating its offshore and onshore wind organisations. Vestas has recently acquired MHI Vestas Offshore Wind, and following the closing of the agreement with MHI, the company has begun the integration of V
Equinor and YPF have entered into an agreement with Shell to jointly farm-down a 30 per cent non-operated interests in the CAN 100 block offshore Argentina.
Ocean bottom node seismic player Axxis Geo Solutions (AGS) is looking to address its debt situation and improve its balance sheet through a capital restructuring. The Oslo-listed company said it has over some time been in active dialogue with its current stakeholders and other strategic and financia
Malaysian offshore services provider Dayang Enterprise has been awarded contracts from Shell and Mubadala Petroleum in Malaysia.
Lamprell has decided to reorganise into three new business units, Renewables, Digital, and Oil & Gas as part of its efforts to focus on energy transition.
Norway-headquartered OHT is launching a new office in Denmark as the base for its operational and commercial activity for offshore wind turbine installation. The new office will be located in Vejle and is expected to be ready from 1 May. OHT Renewables DK will be headed by Tony Millward, who previou
Energean has taken a Final Investment Decision on the Karish North gas development, offshore Israel, 21-months after the announcement of the discovery.
