Offshore
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Port of Esbjerg gets over $1bn for green energy projects
The Port of Esbjerg has entered into a cooperation agreement with PensionDanmark, a labour market pension fund, for investments of…
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Danish investor raising €12bn fund for renewable energy
Copenhagen Infrastructure Partners (CIP) reached its first close of €5.6bn ($6.1bn) of capital commitments received setting it on track to…
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BW Offshore gets rid of yet another FPSO
Andreas Sohmen-Pao’s BW Offshore has sold another African-based floating production storage and production (FPSO) vessel with just one more remaining…
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Bernhard Schulte returns to Ulstein for pair of CSOV newbuilds
Bernhard Schulte Offshore, a Hamburg-based unit of Schulte Group, has returned to Ulstein Verft in Norway for the design and…
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Revoked wind farm license leaves Cadeler, Siemens Gamesea deals in the air
The Danish Energy Board of Appeal has revoked the establishment permit for HOFOR’s Aflandshage offshore wind farm awarded by the…
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Noble wins semisub contract with Petronas for work offshore Suriname
Offshore rig owner Noble Corporation has won a contract with Petronas for the 2009-built semisub offshore Suriname. The New York…
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McDermott wins Shell contract in Malaysia
US subsea and deepwater engineering and construction player McDermott has secured a contract from Sarawak Shell Berhad for pipelay and…
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SSY buys German shipbroker F3 Offshore
UK shipbroker Simpson Spence Young (SSY) is expanding its offshore operation with a second acquisition in the sector this year.…
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Harsh environment semisubs approaching half-million per day as market sells out
The global market for sixth-generation harsh environment semisub rigs stands at 100% utilisation for the first time in nearly a…
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Valaris adds five more deals worth $150m to backlog
Offshore drilling company Valaris has raked in new contracts for three of its rigs worth around $150m. Valaris said that…
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BW Ideol firms up France-backed project development spinoff
BW Group’s floating wind company, BW Ideol, will spin off its project development activities into a new company backed by…
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US green lights Ørsted’s Ocean Wind project off New Jersey
US authorities have approved the plan for the construction and operations of Ørsted’s Ocean Wind 1 project offshore New Jersey.…
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Island Drilling semisub secures more work in Equatorial Guinea
Norwegian rig owner Island Drilling has seen two options exercised on its 2012-built semisub offshore Equatorial Guinea. Trident Energy has…
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Equinor extends Transocean rig stay in Norway until early 2026
Norway’s Equinor has exercised six one-well options for one of Transocean’s harsh environment semi-submersible drilling rigs. The drilling rig in…
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Baker Hughes supporting Equinor’s Brazilian FPSO construction
Oilfield services giant Baker Hughes has been hired by one of the world’s largest FPSO players Modec as a supplier…
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Esvagt and Ørsted double up on methanol-powered SOVs
Denmark’s offshore shipping player Esvagt and offshore wind giant Ørsted have sealed a deal for a second methanol-powered service operation…
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Masdar set to take slice of Iberdrola’s German wind farm
Spanish electric utility company Iberdrola is reportedly set to form a strategic tie-up with Abu Dhabi-based renewable energy company Masdar…
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Subsea 7 and EnBW eye wind-to-hydrogen projects
Subsea 7 has teamed up with German energy group Energie Baden-Württemberg (EnBW) to study several offshore wind-powered hydrogen production concepts.…
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DOF, Solstad, Eidesvik partnering with Norwegian Shipowners’ Association in alternative fuels study
The Norwegian Shipowners’ Association has commissioned an analysis of alternative fuels from SINTEF Ocean in association with offshore shipping companies…
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Engie and EDP venture reveals Australian offshore wind scheme
Ocean Winds, a joint venture between France’s Engie and Portuguese electric utilities company EDP, has applied to develop offshore wind…
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