General – Sale of Shares
SBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.
[Read more…] about SBM Offshore to sell shares in Floventis
Astro Offshore sells 80% of shares to Adani
General – Partnership
Astro Offshore has successfully sold 80% of its shares to Adani Ports and Special Economic Zone, marking a transformative chapter in our company’s journey.
[Read more…] about Astro Offshore sells 80% of shares to AdaniQatarEnergy takes share of Chevron-operated block offshore Suriname
Fossil Energy – Suriname
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.
[Read more…] about QatarEnergy takes share of Chevron-operated block offshore SurinameVår Energi sells Bøyla asset as part of portfolio optimisation
Fossil Energy – Interest Disposal
Vår Energi has signed an agreement with Concedo for the disposal of a 20% interest in the Bøyla field for a consideration of USD 24 million.
[Read more…] about Vår Energi sells Bøyla asset as part of portfolio optimisationFøn Energy Services and C-Ventus combine offshore wind forces
Wind Energy – Acquisition
Føn Energy Services from Norway and Dutch offshore wind farm services company C-Ventus are joining forces to create a leading European O&M (operations & maintenance) player within offshore wind.
[Read more…] about Føn Energy Services and C-Ventus combine offshore wind forcesMasdar to buy 49% stake in 476MW Baltic Eagle
Wind Energy – Iberdrola
Abu Dhabi developer Masdar Clean Energy is reportedly buying an up-to-49% stake in Iberdrola’s 476MW €1.4bn Baltic Eagle offshore wind project.
[Read more…] about Masdar to buy 49% stake in 476MW Baltic EagleSiemens Energy shares plunge 37% as wind turbine worries deepen
General – Costly Problems For Years
Siemens Energy shares plunged over 37% on Friday after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last for years.
[Read more…] about Siemens Energy shares plunge 37% as wind turbine worries deepenShell sells Australian offshore natural gas interests to bp
Fossil Energy – Browse Natural Gas Project
Shell Australia is selling bp its interests in the carbon-intensive Browse offshore natural gas project, one of Australia’s largest untapped gas fields.
[Read more…] about Shell sells Australian offshore natural gas interests to bpLS Cable to buy more shares of KT Submarine
General – Submarine Cables
LS Cable & System from South Korea plans to become the biggest shareholder of KT Submarine Corp.
[Read more…] about LS Cable to buy more shares of KT SubmarineJERA buys 100% shares Parkwind
Wind Energy – Shares Parkwind
On 22 March 2023, JERA from Japan signed an agreement with Virya Energy to acquire 100% of the shares of Parkwind, Virya Energy’s offshore wind energy platform.
[Read more…] about JERA buys 100% shares Parkwind
