GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Orsted shares have dropped 69% from their 2021 all-time high as the offshore wind sector has faced surging costs and technical problems with turbines.
[Read more…] about Equinor buys 9.8% stake in OrstedTotalEnergies has signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea.
[Read more…] about TotalEnergies joins RWE in two offshore wind projectsPetrobras announced on Tuesday that its board gave a green light to acquire a 10% stake in the offshore Deep Western Orange Basin (DWOB) oil block in South Africa, according to a securities filing.
[Read more…] about Petrobras purchases offshore oil block stake in South AfricaDelmar Systems acquires IKM Mooring Services, a prominent player in the moorings services sector.
[Read more…] about Delmar Systems acquires IKM Mooring ServicesMotive Offshore Group recently announced the acquisition of Aquatic, a global leader in laying and retrieving flexible products from the seabed, previously owned by marine energy and infrastructure services company Acteon.
[Read more…] about Motive Offshore acquires Acteon Group’s AquaticNorwegian oil and gas operator DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi.
[Read more…] about DNO concludes stakes acquisition in Five Norne Area O & G fieldsCanpac Marine Services from Canada has officially acquired Tidewater Subsea.
[Read more…] about Canpac acquires Tidewater SubseaHibiscus Petroleum Berhad announced that its indirect wholly-owned subsidiary, Straits Hibiscus has signed an agreement to acquire a 30% Participating Interest in the Block PM327 Production Sharing Contract through a farm-in arrangement with PETRONAS Carigali.
[Read more…] about Hibiscus signs deal with Petronas for production interestEarlier this week, Ramboll announced the acquisition of K2 Management, a global consultancy company specialising in wind and solar energy.
[Read more…] about Ramboll acquires K2 ManagementOEG Energy Group announced that it has completed the acquisition of Offshore Painting Services (OPS Wind), a leading provider of specialist operations & maintenance (O&M) and training services to the offshore wind sector.
[Read more…] about OEG acquires offshore wind O&M specialists Offshore Painting Services
