Business & Finance
Acergy Viking continues working for Siemens Gamesa
Siemens Gamesa has extended the charter of Eidesvik Offshore’s service operation vessel (SOV) Acergy Viking. The long-term contract will commence in direct continuation of the current contract extending the firm period until the end of January 2027. Eidesvik entered into an agreement with Siemens Ga
Total parts ways with American Petroleum Institute over differences in climate positions
French energy giant Total has decided to withdraw from the American Petroleum Institute (API) following a detailed analysis of API’s climate positions.
GKinetic bolsters team
Irish hydrokinetic turbine developer GKinetic Energy has expanded its team further with a new hire of a mechanical design engineer, Gary Brennan. Brennan previously operated his own Architectural Technology service for 8 years specialising in draughting, surveying & certification and developing exte
Petronas takes Pacific drillship for Mexico well
Offshore drilling contractor Pacific Drilling has secured a contract for a drillship with Malaysian giant Petronas for operations offshore Mexico.
Cloudberry and Downing sign sale deal for Swedish lake wind farm
Cloudberry Clean Energy and Downing LLP have signed the share purchase agreement (SPA) for the construction and ownership of a 100 MW nearshore, shallow-water wind farm in Lake Vänern in southern Sweden. In September 2020, Cloudberry acquired Scanvind2 AS, the holding company of the Rewind Vänern of
Ex-Petrofac exec pleads guilty in bribery case related to contracts in UAE
A former executive at Petrofac has pleaded guilty to bribery offences related to contract awards to Petrofac in UAE worth about $3.3 billion.
Lundin set to drill North Sea well
Norway’s offshore safety regulator has given Lundin consent for exploration drilling of an offshore well using the West Bollsta rig.
Chevron backs carbon capture startup
Chevron has made an investment in Blue Planet, a startup that manufactures and develops carbonate aggregates and carbon capture technology.
CIP to sell Beatrice stake to TRIG and Equitix
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 nets over $225M in contracts
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
Two dead after incident on BW Offshore FPSO
FPSO operator BW Offshore has informed that two workers have died following an incident onboard its FPSO Espoir Ivoirien located offshore Ivory Coast.
Maersk rig gets early termination from Dana
Offshore drilling contractor Maersk Drilling has received notice of early termination for convenience of a one-well contract with Dana Petroleum in Denmark.
New investor throws a lifeline for MAKO’s tidal technology
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 to reach full capacity, feedback sought on Seagreen1a grid links
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