Total is set to acquire Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, for $7.45 billion in a share and debt transaction. Under the agreed terms, A.P. Møller – Maersk will receive a consideration of $4.95 billion in Total shares and Total will assume $2.5 billion of Maersk Oil’s
Van Oord has been awarded the balance of plant contract for the Northland Power’s 252 MW Deutsche Bucht offshore wind farm located in the German Bight, 95 kilometers northwest of the island of Borkum. The scope of the contract includes the design, engineering, procurement, construction and installat
Uruguayan operator Antel has inaugurated a submarine cable connecting Uruguay to Brazil and the United States. The 2000 kilometers long section of the cable links Punta del Este to Fortaleza in Brazil. Antel has the exclusive use of two pairs of fiber, in a cable that includes a total of six fiber p
Tidal Energy Today has compiled the top news from tidal and wave energy industry from August 14 – 20, 2017.
DONG Energy has decided to set up an operation and maintenance base for its 752MW Borssele 1&2 project at the Vlissingen harbour.
DONG Energy has decided to set up an operation and maintenance base for its 752MW Borssele 1&2 project at the Vlissingen harbour.
Welsh marine energy body Marine Energy Wales (MEW) has released a video which highlights the marine renewable energy supply chain in Pembrokeshire, a county in the south west of Wales.
UK-based wave energy research and development start-up Aqua Power Technologies is currently conducting tests on its wave energy prototype in North West England.
Both subsea compression trains at Statoil’s Åsgard field have achieved more than 25’000 operation hours with an availability close to 100%. The world’s first subsea gas compression facility features two MAN Diesel & Turbo HOFIM motor-compressor units. The Åsgard subsea compression system has officia
Geokon-Zagreb has been engaged by LNG Hrvatska to conduct seabed investigation activities for the LNG terminal project to be located in Omišalj. The investigation activities will be conducted in the period from 16th of August until 25th of September 2017. Six Croatian vessels will carry out the surv
DONG Energy has awarded a contract to EEW Special Pipe Constructions GmbH (EEW SPC) to manufacture all monopiles for the 174-turbine offshore wind farm, Hornsea Project One. The companies previously announced a contract for 116 monopiles in November 2016, and now the contract has been extended to co
Norwegian seabed seismic services player Magseis has bounced back in black in the second quarter of 2017 as revenue jumped over 150 percent. The Oslo-listed company has seen its revenue at USD 19.4 million, up from USD 7.7 million same time last year. Revenue for the first half of 2017 came at $40.5
Norwegian offshore vessels provider, GC Rieber Shipping, has reported loss of NOK 84.6 million for the first six months of 2017, compared with a loss of NOK 547.5 million in the 1H 2016. The Oslo-listed firm generated operating income of NOK 132.8 million in the first half of 2017, boosted by the hi
Oslo-listed SeaBird has seen red in the quarter ended June, 2017 as revenues fell some 88 percent on continued weak market demand. The seismic data provider for oil and gas companies posted loss of around $11 million or $3.64 per diluted share for the second quarter of 2017, compared to profit of 3
