General – USA Terminal
The Port of Long Beach has secured a $20 million award from the California Energy Commission to advance the Pier Wind offshore wind hub.
[Read more…] about Port of Long Beach secures $20 million for new terminalGlobal Maritime secures Framework Agreement with Van Oord
General – Framework Agreement
Global Maritime (GM) signed a new Framework Agreement (FWA) with Van Oord.
[Read more…] about Global Maritime secures Framework Agreement with Van OordBlack Sea and Norway exploration in focus for leading operator
Fossil Energy – OMV
European energy major OMV is committed to exploration and is aiming to drill about 50 wells over the next five years with the best potential in the Black Sea and Norway.
[Read more…] about Black Sea and Norway exploration in focus for leading operatorØrsted to cut 2,000 jobs in global restructuring to boost competitiveness
General – Restructuring
Renewable energy leader Ørsted has announced a major organizational restructuring that will see approximately 2,000 jobs cut by the end of 2027 as part of a broad effort to strengthen its competitiveness and align with its updated business strategy.
[Read more…] about Ørsted to cut 2,000 jobs in global restructuring to boost competitivenessBP starts up Murlach Field in UK North Sea
Fossil Energy – Production
BP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.
[Read more…] about BP starts up Murlach Field in UK North SeaExxonMobil re-enters Iraq with new exploration agreement
Fossil Energy – Iraq
ExxonMobil and Iraq have signed an agreement for the US supermajor to re-enter the Middle East country, although neither side released many details about what the plan will entail.
[Read more…] about ExxonMobil re-enters Iraq with new exploration agreementHunting delivering equipment to back deepwater drilling off Guyana
Fossil Energy – Deepwater Drilling
London-headquartered energy services provider Hunting has begun the delivery of oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana.
[Read more…] about Hunting delivering equipment to back deepwater drilling off GuyanaLithuania’s tender declared invalid after single bidder emerges
Wind Energy – Lithuania
Lithuania’s National Energy Regulatory Council (NERC) has ruled that the country’s second 700MW offshore wind tender did not take place after receiving only one application by the submission deadline.
[Read more…] about Lithuania’s tender declared invalid after single bidder emergesRepsol contracted BORGLAND DOLPHIN
Fossil Energy – Drilling
Aberdeen-based Dolphin Drilling announced the contract fixture of its semi-submersible drilling rig, BORGLAND DOLPHIN, to Repsol.
[Read more…] about Repsol contracted BORGLAND DOLPHINIntroduction capability-based two-way CfD in Denmark
Wind Energy – Tender
One of the most notable updates to the upcoming Danish 3 GW Offshore Wind Tender is the introduction of a capability-based two-way CfD, which, unlike traditional CfDs, will be settled based on the potential generation of the wind farm rather than actual output.
[Read more…] about Introduction capability-based two-way CfD in Denmark