Oil and gas company Tailwind Energy has received consent and approval of the field development plan for the Evelyn Field from the UK Oil and Gas Authority’s (OGA).
After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition.
The oil & gas services provider BW Offshore has signed a share purchase agreement to become a strategic owner of the floating wind technology developer Ideol. The deal will see BW Offshore obtaining a 50 per cent stake by investing EUR 60 million and the establishment of BW Ideol, a global integrate
Palfinger has secured a contract with Yinson to provide cranes, lifeboats, a rescue boat, and davits for an FPSO bound for Brazil.
Another company involved in the oil & gas sector has set its sights on offshore wind, as the industry increasingly moves towards renewable energy amid the global energy transition. The latest to announce its clean energy plans is BW Offshore, which is now in investment discussions with the floating
FPSO operator BW Offshore has decided to record an impairment to the book value of three FPSOs, amounting to $59.6 million, in the fourth quarter of 2020 amid continued uncertainty regarding redeployment. The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore sa
Norwegian TMC Compressors has been contracted to supply the marine compressed air system to the Bacalhau FPSO that is being built for Equinor.
KenzFigee has secured a five-year deal to provide its TotalCare Lifting Services for Dana Petroleum’s operations in the UK.
Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021.
M.A.R.S. Europe has been awarded a contract by Teekay for dismantling and recycling of the Petrojarl Banff FPSO, after 21 years of service in the North Sea.
Oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30 per cent shareholding in Energean Israel, resulting in Energean owning a 100 per cent stake in the company.
Oslo-listed engineering and marine services player DOF Subsea has been awarded multiple new contracts for execution in the North Sea, Mediterranean and Africa.
Aker BP and the Skarv partners – Equinor, Wintershall Dea, and PGNiG – have decided to develop the Gråsel discovery located offshore Norway in 2021.
Japan’s Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for the Woodside-operated Sangomar field offshore Senegal.
