Business & Finance
Saipem wins € 460 million offshore wind contract in France
Saipem has been awarded a € 460 million contract by Eoliennes Offshore du Calvados (EODC) for the delivery of wind turbine foundations for the Courseulles-sur-Mer offshore wind farm in France. The contract, subject to EODC making a positive final investment decision, covers the design, construction
Capital Product Partners grows fleet with Panamax trio
Greece-based shipowner Capital Product Partners L.P.(CPLP) has decided to acquire three 5,100 TEU sister container vessels from Capital Maritime & Trading Corp.
NHV helicopters to support Neptune in North Sea
NHV Group has won a new long-term contract with Neptune Energy in support of its Seagull field development located in the UK Central North Sea.
Awilco Drilling CEO quits as ‘prerequisites change’
Awilco Drilling has informed that its CEO, Jens Berge, has decided to leave the company with effect from 1 February to pursue other opportunities.
‘We are not where we need to be’ regarding safety, Equinor CEO says
Although Equinor experienced several serious incidents throughout the year, it was able to achieve a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous year.
Northland Power joins 1.2 GW offshore wind project in Poland
Canadian energy company Northland Power and Poland’s PKN ORLEN have entered into an agreement under which Northland Power will acquire a 49 per cent stake in the 1.2 GW Baltic Power offshore wind project in Poland. Northland expects to invest approximately PLN 290 million (€ 64 million) in the Balti
Time for offshore wind to wake up to full benefits of digitalisation
The following article is a guest post by Jonas Corné, CEO at Greenbyte, a provider of asset management solutions. The article examines digitalisation in the offshore wind sector, the necessity of it and current challenges that hinder using digitalised solutions to advance offshore wind projects. Des
Total outshines all peers in a year of cost cuts, Rystad reveals
Total outshined all other peers and also was the only major to replace all of the year’s produced resources, according to Rystad Energy.
SeaBird shrinks loss; Firms up energy transition plans
Oslo-listed SeaBird has recognised net loss of $3 million for Q4 2020, against net loss of close to $12 million in the same period in 2019. Full-year result was also negative, but improved compared to 2019 ($13 million loss vs. $23.3 million loss). The seismic player, which is targeting seabed minin
Equinor gets permit for fresh North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a well located in the North Sea offshore Norway.
Equinor slashes Tanzania LNG value by $982 million
Norwegian energy giant Equinor has decided to write down the value of its Tanzania LNG project on the company’s balance sheet by $982 million.
Magnora targets ScotWind, Norway with floating wind tie-up
Norway-based Magnora has entered into a partnership with an undisclosed company to establish a joint floating wind player called Magnora Floating Wind, which already started working on the application for the ScotWind round in Scotland. The newly established company also plans to participate in the
Eidesvik secures vessel work with Aker BP
Norwegian oil company Aker BP has awarded a contract to compatriot shipping company Eidesvik Offshore for one of its platform supply vessels.
Worley bags two-year deal with CNOOC
CNOOC Europe has awarded Worley a two-year contract to provide engineering, procurement and construction services to its three operated North Sea assets.