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FPSO Intrepid - Tamarind Resources
Business & Finance

Tamarind buys Galoc FPSO from Rubicon

Tamarind Resources has bought the FPSO Rubicon Intrepid, which is operating on the Tamarind-operated Galoc field located offshore Philippines, from Rubicon.

about 5 years ago
CWind-Done-at-East-Anglia-One-for-This-Year
Business & Finance

CWind done at East Anglia One for this year

CWind has completed this year’s campaign at the East Anglia One offshore wind farm in the UK. Last year, CWind secured a multi-year contract to provide below water services, including subsea inspections of the jackets and offshore substation, corrective maintenance, as well as pre-engineering studie

about 5 years ago
From left to right: Dr. Martin Brölsch, Max Feustel, Dr. David Baureis and Mirco Relling, at the signing of the debt refinancing
Business & Finance

Global Tech I offshore wind farm refinances non-recourse debt

Global Tech I has refinanced its non-recourse debt, according to Green Giraffe, which acted as a financial advisor to Global Tech I and its sponsors. The refinancing, for which the transaction closed on 2 November, gathered a large sponsor group, led by SWM Stadtwerke München, Axpo Group and ENTEGA

about 5 years ago
Donald Trump (L) and Joe Biden (R) at the Presidential debate; Source: Biden's campaign website
Business & Finance

Rystad: Biden win could benefit short-term oil demand, but Trump win could be the most bullish outcome

Energy intelligence firm Rystad Energy believes that if Trump should win it may make oil prices great again while Biden effect is more mixed.

about 5 years ago
Ørsted-to-Issue-Second-Green-Bond-in-Taiwan
Business & Finance

Ørsted issues second green bond in Taiwan

Ørsted has issued its second TWD denominated green bond in Taiwan to raise financing for its continuing investments in the Greater Changhua 1 & 2a offshore wind project. The new unsecured green senior bonds comprise a 7-year TWD 4 billion fixed-rate tranche, a 10-year TWD 3 billion fixed-rate tranch

about 5 years ago
Pacific Khamsin drillship - Pacific Drilling
Business & Finance

Pacific Drilling to delist from NYSE following Chapter 11 filing

Trading of Pacific Drilling’s shares on the NYSE has been suspended and the contractor is facing delisting following its Chapter 11 filing last week.

about 5 years ago
Australian LNG player Santos has signed a new deal for the supply of natural gas to the domestic market.
Business & Finance

Santos inks new domestic gas deal

Australian LNG player Santos has signed a new deal for the supply of natural gas to the domestic market.

about 5 years ago
Abigail-Joseph FPSO - First E&P
Business & Finance

Nigerian operator produces first oil from shallow-water project

Nigerian operator First E&P has started oil production from a shallow-water project located offshore Nigeria through the Abigail-Joseph FPSO.

about 5 years ago
FSRU Exemplar; Source: Excelerate
Business & Finance

Excelerate completes fleet transfer to technical management unit

Provider of floating storage and regasification units (FSRUs) Excelerate Energy has transitioned its entire fleet of FSRUs to one of its subsidiaries.

about 5 years ago
Baker Hughes CEO
Business & Finance

Baker Hughes in energy transition push with 3C buy

Oilfield services player Baker Hughes is acquiring a pioneering technology development company Compact Carbon Capture (3C). The agreement includes all intellectual property, personnel and commercial agreements. With this move Baker Hughes aims to provide solutions for carbon-intensive industries, in

about 5 years ago
Atlantis platform in the Gulf of Mexico - BP
Business & Finance

Oil & gas production in Gulf of Mexico coming back online after hurricane

Oil and gas operators in the U.S. Gulf of Mexico are returning to their offshore facilities following Hurricane Zeta, which at its highest point closed up to 85 per cent of oil and 58 per cent of gas production from the Gulf.

about 5 years ago
Triton FPSO - Dana Petroleum
Business & Finance

Dana adds more oil to Triton FPSO with new North Sea well

Dana Petroleum has started production from a new well on the Bittern field located offshore the UK. The well is tied back to Dana’s Triton FPSO.

about 5 years ago
Equinor-Gathers-Public-Feedback-for-UK-Offshore-Wind-Extensions
Business & Finance

Equinor gathers public feedback for UK offshore wind extensions

Equinor has published the summary reports from the first phase of community consultations for the extensions of the Sheringham Shoal and Dudgeon offshore wind farms in the UK. As part of the development process, early-stage proposals were presented locally and online for feedback from the community

about 5 years ago
Petrofac
Business & Finance

Petrofac closes sale of Mexican operations but plans legal action against Perenco

Petrofac has completed the disposal of its non-core assets in Mexico to Perenco, but the two companies have also entered into a dispute.

about 5 years ago
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