The 760 MW Hollandse Kust West VI offshore wind farm in the Dutch North Sea has produced its first power after connecting to TenneT’s offshore grid, with full commercial power delivery expected by the end of 2026.Located 53 km off the Dutch coast…
JERA Nex bp has completed the acquisition of Sumitomo Corporation’s stakes in the Northwester 2 and Nobelwind offshore wind farms, increasing its ownership of the two Belgian projects.The transaction raises JERA Nex bp’s ownership of the 219…
Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…
Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…
Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…
Italian energy major Eni and commodities trading group Mercuria have signed an agreement to establish an equally owned joint venture to oversee energy commodities trading activities across global energy markets.The joint venture will operate…
Sunda Energy has started evaluating options for the planned Chuditch-2 appraisal well offshore Timor-Leste following discussions with regulators and its joint venture partner, while separately advancing its acquisition of a New Zealand production business…
Vår Energi and Equinor have agreed to swap assets on the Norwegian continental shelf, with Vår Energi increasing its exposure around the Gjøa area and Equinor strengthening its position in the Troll-Fram region.Under the agreement, Vår Energi will acquire a 32…
The offshore energy industry is in the midst of a new investment cycle, driven by major developments in South America, renewed demand for energy security and an increasing reliance on digital technologies to improve asset performance. For Matt Tremblay…
On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share in cash…
Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a $3.7 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) to advance the development of an offshore…
Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition) five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.The White Rose field is located approximately 350 km east of St…
Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a USD$3.64 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) for the Steady Seas research program.…
Vår Energi ASA has taken final investment decision (FID) on the Gjøa Subsea Projects in the North Sea. Together with its partners, the company has today submitted the Plan for Development and Operations (PDO) for the Ofelia and Gjøa Nord developments to the Ministry of Energy…
For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…
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