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Valaris to retire three semisubs from global fleet

Thursday, February 20 2025

General – Retirement

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus on high-specification units, as announced in a press release.

[Read more…] about Valaris to retire three semisubs from global fleet

Filed Under: drilling rig, International projects, retirement, Semisub, Valaris Tagged With: retirement, semisub, Valaris

Swire secures 5-year contract with Ørsted

Thursday, February 20 2025

Wind Energy – Hornsea

Swire Energy Services (SES) announced the award of a 5-year contract with Ørsted to provide maintenance services for offshore helideck and helicopter refueling systems at Hornsea 1 and Hornsea 2.

[Read more…] about Swire secures 5-year contract with Ørsted

Filed Under: Helicopters, Hornsea, International projects, Maintenance, Orsted, refueling systems Tagged With: helideck, hornsea, maintenance services, Orsted, refueling systems, swire

Start production Raven Second Development Phase, offshore Egypt

Thursday, February 20 2025

Fossil Energy – Raven

bp has started production from the second development phase of the Raven field, offshore Egypt.

[Read more…] about Start production Raven Second Development Phase, offshore Egypt

Filed Under: BP, Egypt, International projects, Oil and Gas, Production, Raven project Tagged With: BP, egypt, production, Raven

Bringing offshore wind energy to citizens

Thursday, February 20 2025

Wind Energy – Acquisition

Seacoop acquired 10% of the shares in Aspiravi Offshore, strengthening its commitment to sustainable energy projects via Aspiravi Offshore’s stake in the Northwind offshore wind farm.

[Read more…] about Bringing offshore wind energy to citizens

Filed Under: Acquisition, Aspiravi, International projects Tagged With: acquisition, Aspiravi, NorthWind, Seacoop, shares

Enefit Green partners with Sumitomo to develop Gulf of Riga OWF

Thursday, February 20 2025

Wind Energy – Partnership

Enefit Green has signed an agreement with Sumitomo Corporation to sell 50% stake of Liivi Offshore OÜ, a project company for Liivi Bay offshore wind project.

[Read more…] about Enefit Green partners with Sumitomo to develop Gulf of Riga OWF

Filed Under: Enefit Green, International projects, Partnership, Sumitomo Tagged With: Enefit Green, Liivi Bay, partnership, Sumitomo

Exxon to produce up to 180,000 bpd of oil at Guyana project

Wednesday, February 19 2025

Fossil Energy – Guyana

A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead.

[Read more…] about Exxon to produce up to 180,000 bpd of oil at Guyana project

Filed Under: ExxonMobil, Guyana, International projects, Oil and Gas, Production Tagged With: Exxon, Guyana, Oil and Gas, production

Yinson Production completes acquisition of Stella Maris CCS

Wednesday, February 19 2025

General – Acquisition

Singapore-headquartered FPSO specialist Yinson Production has completed the acquisition of 100% shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.

[Read more…] about Yinson Production completes acquisition of Stella Maris CCS

Filed Under: Acquisition, CCS, FPSO, International projects, Share purchase, Yinson Tagged With: acquisition, ccs, FPSO, shares, Stella Maris, Yinson

Trump creates council for ‘energy dominance’

Wednesday, February 19 2025

Fossil Energy – USA

Last Friday President Donald Trump signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly to drive up already record-setting domestic oil and gas production.

[Read more…] about Trump creates council for ‘energy dominance’

Filed Under: Energy Dominance, executive order, International projects, Oil and Gas, Trump, USA Tagged With: Energy Dominance, Executive Order, Oil and Gas, Trump, USA

Prosafe enters agreement to sell Safe Concordia

Tuesday, February 18 2025

General – Sale

Prosafe has entered into an agreement to sell to an undisclosed party its 2005-built accommodation, safety and support semi-submersible vessel Safe Concordia, for a gross price of USD 5 million before commissions and expenses.

[Read more…] about Prosafe enters agreement to sell Safe Concordia

Filed Under: Accommodation, International projects, Prosafe, Safe Concordia, sale Tagged With: accommodation platform, prosafe, Safe Concordia, sale agreement

Van Oord contracted for seabed protection Bałtyk projects

Tuesday, February 18 2025

Wind Energy – Baltyk Poland

Equinor and Polenergia have signed a contract for offshore wind farms Bałtyk 2 and Bałtyk 3.

[Read more…] about Van Oord contracted for seabed protection Bałtyk projects

Filed Under: Baltyk OWF, Equinor, International projects, rock installation, Van Oord Tagged With: Baltyk 2, Baltyk 3, Equinor, rock installation, Van Oord

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