General – Stake Sale
Ørsted is in discussions to sell a 50% stake in its USD 11.4bn/EUR 9.7bn Hornsea 3 offshore wind farm project in the UK.
[Read more…] about Ørsted discusses 50% Hornsea 3 stake saleCalifornia approves $228 million for offshore wind port upgrades
Wind Energy – USA
The California Legislature has approved the first part of the money needed to upgrade ports for floating offshore wind development.
[Read more…] about California approves $228 million for offshore wind port upgradesPrysmian awarded Italy-Tunisia interconnection
General – Interconnection
Prysmian has been awarded the tender launched by Terna, the Italian transmission system operator, and STEG, the Tunisian electricity grid operator, for the construction of the submarine power interconnection between Italy and Tunisia under the Elmed Project.
[Read more…] about Prysmian awarded Italy-Tunisia interconnectionSeatrium strikes deal with top Asian shipyard
General – Cooperation
Singapore’s Seatrium has teamed up with India’s Cochin Shipyard to boost cooperation in the offshore sector across India and Asia.
[Read more…] about Seatrium strikes deal with top Asian shipyardExecution Hammerhead offshore project
Fossil Energy – Guyana
Saipem has received by ExxonMobil Guyana the authorization to proceed with the execution of the activities provided for the engineering, procurement, construction and installation (EPCI) offshore contract for the development project of the Hammerhead oil field.
[Read more…] about Execution Hammerhead offshore projectEquinor submits new Rosebank emissions statement
Fossil Energy – Rosebank Oilfield
Equinor has submitted an updated emissions assessment for its Rosebank oilfield in the UK North Sea after a Scottish court rejected development consent for the project on emissions grounds in January.
[Read more…] about Equinor submits new Rosebank emissions statementCapacity tests Adria pipeline failed
General – Testing
Last week, MOL and Janaf conducted several joint tests on the Adria crude oil pipeline, but the latest results do not yet confirm that the pipeline would be capable of delivering sufficient volumes of crude oil for Hungary and Slovakia from the Adriatic Sea in the long term.
[Read more…] about Capacity tests Adria pipeline failedFugro withdraws financial guidance for 2025
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 interconnector