General – Cable Laying Vessel
On 19 September 2023, Nexans Marine Operations and Ulstein Verft entered into a contract on the construction of a large DP3 cable laying vessel.
[Read more…] about New cable laying vessel for NexansHitecVision sells 6.3% stake in Vår Energi
Fossil Energy – Stake in Vår Energi
Norway’s HitecVision said this morning it has sold a 6.3% stake in oil and gas group Vår Energi for $423 million, reducing its ownership in the company to 14.4%.
[Read more…] about HitecVision sells 6.3% stake in Vår EnergiEBRD lends €140 million for first offshore wind farm in Poland
Wind Energy – Banking
The European Bank for Reconstruction and Development (EBRD) is supporting the development of Poland’s renewable energy capacity by extending a €140 million loan to Baltic Power to finance the construction of the country’s first offshore wind farm.
[Read more…] about EBRD lends €140 million for first offshore wind farm in PolandMcDermott awarded Transportation and Installation contract by PRIO
Fossil Energy – Wahoo Field, Brazil
McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil.
[Read more…] about McDermott awarded Transportation and Installation contract by PRIOTier 1 secondary steel contractor for New Jersey Ocean Wind 1
Wind Energy – Ocean Wind 1 USA
Centuri Group recently announced that Riggs Distler has been selected as a tier 1 contractor for secondary steel for New Jersey’s first offshore wind project, Ocean Wind 1.
[Read more…] about Tier 1 secondary steel contractor for New Jersey Ocean Wind 1RWE gets go-ahead for 1.1GW Awel Y Mor
Wind Energy – Awel Y Mor
The UK government has granted planning permission to RWE for the 1100MW Awel Y Mor wind farm in the Irish Sea.
[Read more…] about RWE gets go-ahead for 1.1GW Awel Y MorBritain’s Octopus Energy buys 10% stake in Dutch offshore wind farm
Wind Energy – Borssele Stake
According to Reuters Britain’s Octopus Energy has acquired a 10% stake in the Borssele III & IV offshore wind farm in the Dutch North Sea for an undisclosed sum, part of a wider $20 billion offshore wind investment plan.
[Read more…] about Britain’s Octopus Energy buys 10% stake in Dutch offshore wind farmLatest fleet addition: Geo Ocean VII
General – Fleet Addition
GEOxyz just unveiled the latest addition to its fleet: the new offshore survey vessel, Geo Ocean VII.
[Read more…] about Latest fleet addition: Geo Ocean VIIDNO makes play-opening discovery at Norma
Fossil Energy – Gas Discovery
DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.
[Read more…] about DNO makes play-opening discovery at NormaSale of Abo FPSO for USD 20 million
Fossil Energy – FPSO Nigeria
BW Offshore has today closed the transaction for the sale of Abo FPSO to STAC Marine Offshore, a member of the Nigerian Transport Group (STAC) for USD 20 million.
[Read more…] about Sale of Abo FPSO for USD 20 million