Latest News

  • 27 May 24
    Wood Group receives further statement re possible offer from Sidara
    On 21 May 2024 the Board of Wood received a third unsolicited, preliminary and conditional proposal from Sidara for a cash offer of 220 pence per Wood share. This represents an increase of approx. 3.8% to the previous proposal of 212 pence per Wood share submitted on 14 May 2024. The Board unanimously rejected the Third Proposal.
  • 27 May 24
    Vestas to test Sustainable Aviation Fuel
    Vestas will pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The pilot project entails Vestas technicians and jack-up vessel crew using helicopters partly powered by SAF to transport themselves to and from the Baltic Eagle wind farm during the construction phase of 50 offshore wind turbines.
  • 27 May 24
    Seatrium secures FPSO newbuild contracts P-84 and P-85 from Petrobras
    Seatrium has won an international tender from Petrobras, acting as operator of Atapu and Sepia consortiums, for the newbuild supply of Floating Production Storage and Offloading vessels (FPSO) platforms P-84 and P-85. With the contracts valued at approx. S$11 billion, these high throughput FPSOs will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin.
  • 27 May 24
    Norway: SLB OneSubsea awarded contract for Phase 3, Stage 2 of Equinor’s North Sea Troll project
    SLB has announced the award of a sizeable contract by Equinor to its OneSubsea joint venture. The award leverages an existing long-term contract for the execution of the second stage of Phase 3 for Equinor’s Troll project in the North Sea, offshore Norway. The objective for Troll Phase 3, Stage 2 is to accelerate production from the reservoir equivalent to about 55 billion standard cubic meters of gas.
  • 27 May 24
    UK: New North Star vessel bound for East Anglia THREE windfarm
    North Star has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore windfarm development located off the Suffolk coast, England.
  • 27 May 24
    US: BOEM releases final Environmental Impact Statement for two wind projects offshore New Jersey
    In support of the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has announced the availability of the final Environmental Impact Statement (EIS) for two wind energy projects offshore New Jersey. If approved, the two projects could generate about 2,800 megawatts of electricity, enough to power almost 1 million homes.
  • 27 May 24
    UK/Germany: NZTC report sets out plan for green hydrogen export between Scotland and Germany
    UK-based Net Zero Technology Centre (NZTC) and German-based Cruh21 have launched a report that will help unlock the full potential of a green hydrogen collaboration between Scotland and Germany.
  • 27 May 24
    Norway: Var Energi sells Bøyla asset as part of portfolio optimisation
    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. The Bøyla field is a mature producing field located in the North Sea operated by Aker BP (80%). The field started production in 2015 and is developed with a subsea template tied-back to the Alvheim FPSO.




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