Offshore vessel provider Siem Offshore has been awarded contracts for two of its vessels by Total for operations in Brazil.
Hornbeck Offshore has emerged from bankruptcy under its joint prepackaged Chapter 11 plan of reorganization.
Swedish wave energy tech developer Ocean Harvesting Technologies has secured a €300,000 investment from Lundin Foundation. The investment matches a grant from the Swedish Energy Agency for the next development phase of the company’s InfinityWEC technology. InfinityWEC is a modular and scalable wave
The Government of Ceará has signed a Memorandum of Understanding with China’s Mingyang Smart Energy to develop an ”offshore wind complex” in this Brazilian state. The MoU was signed by Ceará’s Governor Camilo Santana and Mingyang’s Vice President Larry Wang. No further details were given on the term
Spain’s Iberdrola and Poland’s Enea Group have decided to terminate exclusive talks on jointly pursuing offshore wind projects in Poland. Back in June, Enea and Iberdrola signed a Letter of Intent (LoI) to jointly develop offshore wind projects in the Polish Baltic Sea with a possible total capacity
Tohoku Electric Power and ENEOS Corporation have agreed to join Japan Renewable Energy Corporation (JRE) in the development of the Happo Noshiro offshore wind project. The project aims to construct and operate offshore wind farms with a maximum output capacity of 155 MW off Noshiro City and Happo to
Japan Drilling Co. (JDC) has been awarded a contract by Mitsui Oil for the provision of a jack-up rig for drilling operations in Japan.
Aker Solutions has secured a three-year contract extension to an existing framework agreement with ConocoPhillips in the North Sea.
Norwegian renewable energy company Cloudberry Clean Energy AS has received a 100 per cent acceptance for its offer to the shareholders in Scanvind2 AS. Scanvind2 AS is the holding company of the Rewind Vänern offshore wind project. The settlement of the shares in Scanvind2 AS will be a combination o
CNOOC Limited has started production from the Nanbao 35-2 oilfield S1 area located offshore China.
The rising number of purpose-built offshore wind vessels has a direct impact on the costs of offshore wind projects, as the sector is getting more room to use its own fleet instead of deploying vessels from the oil & gas industry, which can be costly if high oil price is driving increased oil & gas
Norwegian contractor Reach Subsea and P&O Maritime Logistics have agreed on a revised charter agreement for the vessel Topaz Tiamat. Under the new deal, Reach will operate the vessel for the remainder of the 2020 season on pay-as-you-go terms. Consequently, the Oslo-listed subsea player will demobil
Norwegian energy giant Equinor has experienced a further delay in the development of its operated Martin Linge offshore field.
Ørsted has appointed BNP Paribas, Cathay United Bank and CTBC Bank as Mandate Lead Arranger’s for a potential TWD denominated green bond issuance in Taiwan. The green bond, set to be issued in Q4 2020, represents Ørsted’s second green bond offering in Taiwan. Ørsted intends to issue the new green bo
