X1 Wind to go with InnoEnergy
On July 5, X1 Wind signed an agreement with InnoEnergy after completing a due diligence and negotiation process that started last February. European sustainable energy promoter InnoEnergy will help X1 Wind continue the development of the innov...
OneWatt monitoring listens wind farm pulse
OneWatt, an industrial technology developer backed-by InnoEnergy, Europe’s sustainable energy innovation engine, has launched a unique motor monitoring system for the onshore and offshore wind, hydro-power and industrial sectors. EARS (Embed...
Prosafe awarded important contract in Brazil
Prosafe has been awarded a contract by MODEC Serviços de Petróleo do Brasil Ltda (“MODEC”) for the provision of the Safe Concordia semi-submersible accommodation vessel to support specific MODEC FPSO operations in Brazil. The firm duration...
TechnipFMC awarded master services agreement by Petrobras
TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has been awarded by Petróleo Brasileiro S.A. (Petrobras) a 3-year master services agreement in Brazil, with a 2-year renewal option. This contract for subsea services covers components for bo...
Tidewater-GulfMark to combine into one
Tidewater Inc. (NYSE: TDW) ("Tidewater") and GulfMark Offshore, Inc. (NYSE: GLF) ("GulfMark") announced that the Boards of Directors of both companies have unanimously approved a definitive agreement to combine the two companies. This combination...
Two offshore players seeing delicious development
Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively. The extensions allow the two rigs to co...
ABS to Class FSRU for Turkey
ABS was selected to class a floating storage and regasification unit (FSRU) for BOTAS, Turkey’s oil and gas pipeline operator. “As demand for gas has increased over the last decade, the supply chain has had to adapt and figure out new ways...
UK doing math on offshore decom bill
Decommissioning work for UK OWFs will likely to cost between GBP1.28bn and GBP3.64bn, a study by the Department of Business, Energy and Industrial Strategy (BEIS) says. The Energy Act (2004) grants The Department of Business, Energy and Indust...
ABB wins order to grid-connect OWF
Key technologies and ABB AbilityTM solutions will integrate wind energy from Hornsea Project Two to the UK grid, powering more than 1.3 million homes. ABB has won orders worth over $150 million from Danish energy company, Ørsted (previously D...
Total acquired Engie’s LNG upstream business
Total announces the closing of the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion. Additional payments of up to $ 550 million could be payable by Total in ca...
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