General – Finance
Fugro, based in the Netherlands, has announced it will cut 300 jobs and withdraw its financial guidance for 2025.
[Read more…] about Fugro withdraws financial guidance for 2025Revolution Wind cleared to restart work
Wind Energy – Revolution Wind
A federal court judge on Monday granted energy company Ørsted a preliminary injunction to resume work on its Revolution Wind turbine array off Rhode Island, lifting an Aug. 22 stop-work order by the Trump administration.
[Read more…] about Revolution Wind cleared to restart workNextGeo starts route survey second Malta-Italy interconnector
General – Route Survey
Italy-headquartered Next Geosolutions (NextGeo) has begun seabed surveys along the cable corridor route for the second electrical interconnector between Malta and Italy.
[Read more…] about NextGeo starts route survey second Malta-Italy interconnectorNextGeo signs eight-year substation deal with 50Hertz
General – Contract
Italy-based Next Geosolutions has signed an eight-year framework agreement with German operator 50Hertz to support the roll-out of offshore substations.
[Read more…] about NextGeo signs eight-year substation deal with 50HertzBarossa LNG FPSO receives first gas following RFSU
Fossil Energy – First Gas
Santos announces that the BW Opal FPSO has received its first gas into the facility to commence production operations.
[Read more…] about Barossa LNG FPSO receives first gas following RFSUMooreast signs Strategic Cooperation Agreement with CCCC from China
Wind Energy – Collaboration
Mooring specialist Mooreast has signed a Strategic Cooperation Agreement (SCA) with a subsidiary under China Communications Construction Company (CCCC), a Chinese state-owned global leader in infrastructure development.
[Read more…] about Mooreast signs Strategic Cooperation Agreement with CCCC from ChinaADNOC-led consortium scraps $18.7B Santos takeover offer
General – No Final Bid
Abu Dhabi National Oil Co dropped its planned $18.7 billion takeover of Australian natural gas producer Santos, walking away from an ambitious effort to expand overseas.
[Read more…] about ADNOC-led consortium scraps $18.7B Santos takeover offerBaker Hughes confirms major well services contract with Petrobras
Fossil Energy – Brazil
Baker Hughes has signed a multi-year contract with Petrobras to extend the deployment of a pair of well stimulation support vessels (WSSV) to help optimise oil and natural gas production offshore Brazil.
[Read more…] about Baker Hughes confirms major well services contract with PetrobrasDutch government announces budget for offshore wind
Wind Energy – Finance
The Dutch government is allocating nearly 1 billion euros from the climate fund to license and subsidise offshore wind farms.
[Read more…] about Dutch government announces budget for offshore windSpirit Energy boosts gas production Morecambe Fields
Fossil Energy – Gas Production
Spirit Energy has completed the latest in a series of activities to boost gas production from its Morecambe hub, investing approximately £20 million to maximise economic recovery from the fields, located in the East Irish Sea.
[Read more…] about Spirit Energy boosts gas production Morecambe Fields