Tulip Oil announces that the Company has signed a binding share purchase agreement to sell its subsidiary Tulip Oil Netherlands Kistos for a headline consideration of EUR 220 million plus up to EUR 163 million of contingent payments and EUR 5 million of warrants. [Read more…] about Tulip Oil Netherlands sold to Kistos
OWC appointed owner’s engineer for Korean offshore wind farm
Korean engineering company Saman Corp. has hired international renewables consultancy OWC to take on the owners’ engineering role at the 300 MW Sinan offshore wind farm project offshore South Korea. [Read more…] about OWC appointed owner’s engineer for Korean offshore wind farm
EIB approves €350 million funding for French wind farm
The European Investment Bank (EIB) has granted a €350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of the Calvados wind farm off the coast of Courseulles-sur-Mer in France. [Read more…] about EIB approves €350 million funding for French wind farm
Siemens Energy to supply eight topsides for FPSO vessel offshore South America
Siemens Energy was awarded a topside EPC contract by MISC Berhad for eight complete topside modules that will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression aboard an FPSO that will operate offshore South America starting in 2024. [Read more…] about Siemens Energy to supply eight topsides for FPSO vessel offshore South America
South Fork Wind Project receives Critical Vote
Great news for the U.S. offshore wind industry: New York State Public Service Commission votes unanimously to provide certificate of environmental compatibility and Public Need for New York’s South Fork Wind Farm Project. [Read more…] about South Fork Wind Project receives Critical Vote
Boskalis selected Claxton Engineering
Boskalis has selected Claxton Engineering Services for the internal dredging services scope on the 589 MW Changfang and Xidao offshore wind project in Taiwan. [Read more…] about Boskalis selected Claxton Engineering
Swire Energy Services and ELA team up
Swire Energy Services have partnered with ELA Container Offshore to support the promotion and delivery of Offshore Accommodation to the UK energy markets. [Read more…] about Swire Energy Services and ELA team up
Expansion activities on Pangkah field Indonesia
Indonesian oil and gas company SakaEnergi is moving ahead with expansion activities on its Pangkah production sharing contract offshore East Java, Indonesia. [Read more…] about Expansion activities on Pangkah field Indonesia
Iberdrola makes second Japanese offshore investment
Spanish developer Iberdrola has accelerated its commitment to the Japanese offshore wind market with a new 600-MW project. [Read more…] about Iberdrola makes second Japanese offshore investment
Jiangsu Strongwind builds FPU for Indonesia
China’s Jiangsu Strongwind Offshore Equipment Fabrication has wrapped up a deal with TimasOceanstar Indonesia (TOI) to build and deliver a floating production unit for the revamped development of a cluster of satellite fields offshore Indonesia. [Read more…] about Jiangsu Strongwind builds FPU for Indonesia