Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Europe reinforce wind power commitment with 100 GW pledge

Wind Energy – UK and Europe

The UK and European allies have signed a clean energy pact at a summit in Hamburg today, pledging to deliver 100 gigawatts (GW) of offshore wind power through large-scale joint projects, the British government said.

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Allianz invests in OWF îles d’Yeu et Noirmoutier 

Wind Energy – Acquisition

Allianz Global Investors has acquired a 20.25% minority stake in the French îles d’Yeu et Noirmoutier offshore wind farm from Ocean Winds.

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Prysmian to acquire cable survey & installation solutions leader ACSM

General – Acquisition

Prysmian will acquire ACSM, a Spain-based leader in solutions for submarine cable installation, including subsea surveying, route planning, and seabed preparation activities with over 20 years of experience in the offshore cable sector.

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McDermott awarded EPCI contract for Al Nasr Field Development project

Fossil Energy – Field Expansion

McDermott has been awarded a contract by ADNOC for engineering, procurement, construction, and installation (EPCI) services for the Nasr-115 Expansion Project.

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Arbitration case between Seatrium and Aibel

General – DolWin5

Seatrium New Energy (Singapore) and Aibel (Norway) have filed arbitration proceedings in connection with a partnership to deliver the TenneT 900MW DolWin5 (Dolwin Epsilon) HVDC converter platform in the German North Sea.

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NSTA issues fines to two companies totalling £350,000

General – Fines

The North Sea Transition Authority (NSTA) has issued fines totaling $350,000 to two North Sea operators (NEO and CNR) as it continues to enforce strict penalties for violations of emissions limits and well decommissioning rules.

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Two-year gig on Woodside’s NWS assets worth up to $65 million

General – EPCM Services

Wood has secured a two-year contract extension worth up to US$65 million with Woodside to continue delivering brownfield engineering, procurement and construction management (EPCM) services across offshore assets at the North West Shelf (NWS) Project in Western Australia.

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