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Saipem scores contract for Sakarya gas field development

Wednesday, December 31 2025

General – Field Development

Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for additional activities as part of the extension of the third phase of the Sakarya gas field development project in Turkish sector of Black Sea.

[Read more…] about Saipem scores contract for Sakarya gas field development

Filed Under: Black Sea, extension, International projects, Saipem, Sakarya Tagged With: black sea, extension, Goktepe field, saipem, Sakarya Field

Ørsted officially sells 50% stake in Hornsea Three OWP

Wednesday, December 31 2025

General – Ownership Hornsea

Ørsted has agreed to sell half of its ownership in the Hornsea Three offshore wind farm to global investment firm Apollo Global Management for $6.1 billion.

[Read more…] about Ørsted officially sells 50% stake in Hornsea Three OWP

Filed Under: Apollo, Hornsea 3, International projects, Orsted, stake sale Tagged With: Apollo, Hornsea Three, partnership, stake sale, Ørsted

Saipem extends drillship charter and $300m purchase option deadline

Tuesday, December 30 2025

Fossil Energy – Contract Extension

Norway-based Deep Value Driller has won an extension of the bareboat charter for a seventh-generation drillship of the same name from Italian offshore engineering and construction giant Saipem.

[Read more…] about Saipem extends drillship charter and $300m purchase option deadline

Filed Under: bareboat charter, Contract extension, Deep Value Driller, drillship, International projects, Saipem Tagged With: bareboat charter, Contract extension, Deep Value Driller, drilling, drillship, saipem

NNPC to sell some oil and gas assets to private investors

Tuesday, December 30 2025

General – Stakes

Nigeria’s state-owned energy company, NNPC, plans to sell stakes in some of its oil and gas assets and has invited bids from private investors.

[Read more…] about NNPC to sell some oil and gas assets to private investors

Filed Under: Asset portfolio, International projects, Nigeria, NNPC, stake sale Tagged With: assets, nigeria, NNPC, Oil and Gas, stakes

Vestas secures 390 MW offshore order in South Korea

Monday, December 29 2025

Wind Energy – South Korea

Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province, South Korea.

[Read more…] about Vestas secures 390 MW offshore order in South Korea

Filed Under: International projects, Shinan Ui, South Korea, turbines, Vestas Tagged With: Shinan Ui, South Korea, turbines, Vestas

Developer Dominion Energy sues BOEM

Saturday, December 27 2025

Wind Energy – USA

Dominion Energy, the developer of one of the five offshore wind energy projects that received a stop-work order from the Trump administration, filed suit in District Court seeking an immediate injunction against the order.

[Read more…] about Developer Dominion Energy sues BOEM

Filed Under: BOEM, Dominion Energy, International projects, Trump Tagged With: BOEM, Dominion Energy, stop-work order, Trump, USA

CB&I announces acquisition of Petrofac’s asset solutions business

Wednesday, December 24 2025

General – Acquisition

CB&I today announced that it has entered into a sale agreement to acquire Petrofac’s Asset Solutions business.

[Read more…] about CB&I announces acquisition of Petrofac’s asset solutions business

Filed Under: Acquisition, Asset portfolio, International projects, Petrofac Tagged With: acquisition, assets, CB&I, Petrofac

Helix Energy awarded multi-year P&A contract

Wednesday, December 24 2025

Fossil Energy – P & A

Helix Energy has secured a multi-year contract with a major operator for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea.

[Read more…] about Helix Energy awarded multi-year P&A contract

Filed Under: Helix Energy, International projects, Plug and abandonment Tagged With: Helix Energy, north sea, P&A

Preparation New York Ports for offshore wind

Wednesday, December 24 2025

General – New York Port

The New York State Energy Research and Development Authority announced a $300 million competitive solicitation to support maritime port development projects aimed at strengthening the state’s offshore wind supply chain, even as the broader industry grapples with significant regulatory and financial challenges.

[Read more…] about Preparation New York Ports for offshore wind

Filed Under: Development, Finance, infrastructure, International projects, New York, ports Tagged With: Development, Finance, New York, Offshore Wind, Ports infrastructure

Subsea7 awarded contract offshore US

Tuesday, December 23 2025

Fossil Energy – Transport & Installation

Subsea7 announced the award of a contract by LLOG Exploration Offshore, for the Buckskin South Expansion project.

[Read more…] about Subsea7 awarded contract offshore US

Filed Under: Expansion, International projects, Subsea 7 Tagged With: Buckskin, expansion project, Subsea7, Transport & Installation

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