Kosmos Energy is mulling over a potential acquisition of the UK-headquartered Tullow Oil, which is set on exploring oil and gas resources in Africa.
Funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited, the 100% owner of energy infrastructure solutions provider Höegh Evi, from funds managed by Morgan Stanley Infrastructure Partners (MSIP).
Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has awarded TKF with a turnkey contract to supply and install inter-array cables at the Inch Cape offshore wind farm. Additionally, Vestas has secured a firm order to deliver its V236-15.0 MW wind turbines to the 1.1
Equinor has begun drilling activities with one of Transocean’s rigs at a field in the Norwegian Sea, which will be tied back to an existing floating production, storage, and offloading (FPSO) unit off the coast of Norway.
Tidal energy developer Normandie Hydroliennes has initiated a crowdfunding campaign on the WiSEED platform to support the development of its 12 MW tidal turbine pilot farm in the Raz Blanchard, located near Cherbourg, France. Scheduled for commissioning in 2028, the project marks an important miles
Japan-headquartered Sumitomo Electric Industries has completed an interconnector in the Philippines which included the installation of a 27-kilometer-long high-voltage submarine power cable. The project involved laying a 230 kV AC submarine cable of 1,200 MW capacity along a 27-kilometer route betwe
OneSubsea, a subsea technology and solutions joint venture (JV) backed by SLB, Aker Solutions, and Subsea7 has secured a contract award from Brazil’s state-owned oil and gas giant Petrobras, following a “competitive tender”, to deliver two subsea raw seawater injection (RWI) systems for the Búzios f
U.S. energy infrastructure player New Fortress Energy (NFE) has confirmed a new multi-year assignment for a floating storage and regasification unit (FSRU), which has been booked by Egypt’s state-owned Egyptian Natural Gas Holding Company (EGAS). Shortly after EGAS revealed a deal to lease an undisc
Norway-based cleantech company TECO 2030, known for the development of hydrogen fuel cells, has filed for bankruptcy.
Subsea7 has secured two contracts, one with Saudi Arabia’s energy heavyweight Aramco and the other with UK energy giant Shell, for the delivery of subsea infrastructure in Saudi Arabia and the Gulf of Mexico. The long-term agreement with Aramco is seen as substantial, meaning it is worth between $15
Aker BP has found no hydrocarbons at a well in the North Sea off the coast of Norway. One of Odfjell Drilling’s semi-submersible rigs was in charge of drilling operations.
Nigeria’s oil and gas company Seplat Energy has completed the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from U.S. energy major ExxonMobil.
Greece-based Corinth Pipeworks, the steel pipe segment of Belgian Cenergy Holdings, has secured two contracts with Subsea7 for work in the North Sea. According to the company, the projects, Bestla in Norway and Bittern in the UK, further solidify its strong geographical presence in the region and un
Ørsted has awarded several contracts totaling between £75 million and £100 million to companies in the north of England to provide components for the 2.9 GW Hornsea 3 offshore wind farm. JDR Cable Systems, Severfield, and Smulders, all based in the north of England, will produce integral components
