Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

LS Cable & System and Equinor sign MoU for OWP in Ulsan

Wind Energy – South Korea

LS Cable & System has signed a memorandum of understanding (MOU) with Norwegian integrated energy company Equinor for the world’s largest floating offshore wind project.

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Equinor strengthens its position in the Norwegian Sea

Fossil Energy – Halten East

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.

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Patriot Offshore wins 10-year Jones Act CTV contract

Wind Energy – CTV Services

Patriot Offshore Maritime Services reports that it has been awarded a U.S. industry-defining, ten-year crew transfer vessel (CTV) services contract with Equinor’s Empire Offshore Wind LLC.

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Doosan partners with Siemens Gamesa and Equinor for OWP

Wind Energy – Firefly Floating OWF

Doosan Enerbility has taken a significant step forward in the renewable energy sector by signing a memorandum of understanding (MoU) with Siemens Gamesa and Equinor for the Ulsan ‘Firefly Floating Offshore Wind Farm’ project.

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Equinor buys 9.8% stake in Orsted

Wind Energy – Acquisition
Equinor has bought a 9.8% stake valued at around $2.5 billion in Danish offshore wind farm developer Orsted.

Orsted shares have dropped 69% from their 2021 all-time high as the offshore wind sector has faced surging costs and technical problems with turbines.

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Northern Lights facilities completed and ready to store CO2

General – CO2 Norway

TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in Norway.

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PRIO buys stake in Peregrino Field

Fossil Energy – Peregrino Field

PRIO announced it has signed a Sale and Purchase Agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil (Hong Kong) for the acquisition of Sinochem Petroleum Netherlands Coöperatief, which indirectly holds a 40% interest in the Peregrino and Pitangola Fields.

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