Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Seatrium to start arbitration in US$475 million contract termination dispute

General – Arbitration

Seatrium is starting its own arbitration proceedings against a Maersk Offshore Wind affiliate over the termination of a US$475 million contract inked in 2022.

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Aker Solutions awarded M&M contract by ConocoPhillips

Fossil Energy – Maintenance & Modification

Aker Solutions has signed a six-year frame agreement with ConocoPhillips, which includes an option to extend the contract for up to two additional three-year periods.

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Chevron, TotalEnergies join bid for Galp’s stakes in Namibian find

Fossil Energy – Namibia

Portuegese Galp’s efforts to offload part of its stake in Namibia’s Mopane oil project have finally attracted heavyweight interest.

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Joint venture acquires full ownership of 10 floating wind projects

Wind Energy – Full Ownership

The joint venture between Nadara and BlueFloat Energy has confirmed that Nadara will acquire BlueFloat’s stake in the JV’s floating offshore wind projects in the UK and Italy and become the sole owner. 

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Aker BP extends deal with favoured floating hotel

Fossil Energy – Floatel

Aker BP has extended its contract for the use of a large floating accommodation vessel to support its portfolio of offshore field developments.

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