Fossil Energy – Partnership
UK-listed Europa Oil & Gas has secured a Chinese partner for its high-impact EG-08 gas block offshore Equatorial Guinea.
[Read more…] about Chinese investor backs West African gas prospectSaipem scores contract for Sakarya gas field development
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 developmentØrsted officially sells 50% stake in Hornsea Three OWP
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 OWPSaipem extends drillship charter and $300m purchase option deadline
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 deadlineNNPC to sell some oil and gas assets to private investors
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 investorsVestas secures 390 MW offshore order in South Korea
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 KoreaDeveloper Dominion Energy sues BOEM
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 BOEMCB&I announces acquisition of Petrofac’s asset solutions business
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 businessHelix Energy awarded multi-year P&A contract
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 contractPreparation New York Ports for offshore wind
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