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Dolphin Drilling signs LOI for drilling campaign

Saturday, December 23 2023

Fossil Energy – Drilling

Dolphin Drilling has signed an LOI for a 500-day drilling campaign in the UK for the semisubmersible rig Borgland Dolphin.

[Read more…] about Dolphin Drilling signs LOI for drilling campaign

Filed Under: Dolphin Drilling, Drilling, drilling rig, International projects

Harbour Energy strikes $11.2 billion deal for Wintershall Dea assets

Friday, December 22 2023

Fossil Energy – Acquisition

Britain’s Harbour Energy on Thursday agreed to acquire Wintershall Dea’s non-Russian oil and gas assets in a $11.2 billion share and cash deal with co-owners BASF and LetterOne that creates one of the world’s biggest independent producers.

[Read more…] about Harbour Energy strikes $11.2 billion deal for Wintershall Dea assets

Filed Under: Acquisition, Harbour Energy, International projects, WintershallDea Tagged With: acquisition, Harbour Energy, Wintershall DEA

TotalEnergies farms down 25.5% of Seagreen OWF to PTTEP

Thursday, December 21 2023

Wind Energy – Seagreen OWF

In line with its renewables business model, TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for a consideration of £522 million ($689 million).

[Read more…] about TotalEnergies farms down 25.5% of Seagreen OWF to PTTEP

Filed Under: International projects, PTTEP, Seagreen, TotalEnergies Tagged With: PTTEP, Seagreen, TotalEnergies

Vestas and Vattenfall sign 1.4 GW preferred supplier agreement

Thursday, December 21 2023

Wind Energy – Preferred Supplier Agreement

Vattenfall and Vestas have signed agreements to elevate the partnership between the two companies and their offshore wind business towards 2030.

[Read more…] about Vestas and Vattenfall sign 1.4 GW preferred supplier agreement

Filed Under: International projects, Norfolk Zone, Preferred supplier, Vattenfall, Vestas

Fugro adds two geotechnical vessels to its fleet

Thursday, December 21 2023

General – Fleet Expansion

Fugro has reached an agreement to acquire two platform supply vessels, Sea Goldcrest and Sea Gull, which will be used as geotechnical assets.

[Read more…] about Fugro adds two geotechnical vessels to its fleet

Filed Under: fleet expansion, Fugro, Geotechnical, International projects Tagged With: fleet expansion, fugro, Geotechnical

SBM Offshore successfully raises Revolving Credit Facility

Thursday, December 21 2023

Fossil Energy – Credit Facility

SBM Offshore has secured a US$210 million Revolving Credit Facility (RCF) for the financing of the construction of Fast4Ward Multi-Purpose Floater (MPF) hulls.

[Read more…] about SBM Offshore successfully raises Revolving Credit Facility

Filed Under: Finance, International projects, SBM Offshore Tagged With: Finance, MPF, SBM

Two additional cable-laying vessels for Prysmian

Thursday, December 21 2023

General – Shipbuilding

Prysmian Group announces an investment of approximately €350 million for two new cutting-edge cable-laying vessels that will reinforce Prysmian’s submarine project execution capabilities.

[Read more…] about Two additional cable-laying vessels for Prysmian

Filed Under: cable installation vessel, cable technology, Cable-laying vessel, International projects, Prysmian

US Gulf of Mexico oil auction largest since 2015

Thursday, December 21 2023

Fossil Energy – Gulf of Mexico Auction

Reuters reported that a Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

[Read more…] about US Gulf of Mexico oil auction largest since 2015

Filed Under: auction, Gulf of Mexico, International projects Tagged With: auction, gulf of mexico

Woodside awards shore base contract Trion project in Mexico

Thursday, December 21 2023

Fossil Energy – Trion Project

Woodside Energy has awarded a major contract to Mexican company Eseasa Offshore, to supply shore base facilities and services for Woodside’s operations supporting the Trion oil and gas project offshore Mexico.

[Read more…] about Woodside awards shore base contract Trion project in Mexico

Filed Under: Gulf of Mexico, International projects, shore base, Woodside Energy Tagged With: mexico, shore base facilities, Trion, woodside

BP and Subsea7 extend agreement from 1998

Wednesday, December 20 2023

Fossil Energy – IRM Services

Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea.

[Read more…] about BP and Subsea7 extend agreement from 1998

Filed Under: BP, framework agreement, International projects, IRM, Subsea 7 Tagged With: BP, Frame Agreement, irm, Subsea7

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