Equinor announced on the 23rd June that it has awarded two contracts, and issued a letter of intent, to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS). The projects comprise Breidablikk and the Gas Import System for…
Abu Dhabi has sold a US$10.1 billion stake in its natural-gas pipelines to a consortium led by Global Infrastructure Partners, in the biggest infrastructure acquisition so far this year. The investors, including Brookfield Asset Management Inc and Singapore’s sovereign wealth fund, will buy a…
International marine and engineering consulting firm LOC Group has been awarded a new scope of work on the Johan Sverdrup oil field with Norwegian oil major Equinor. LOC said on the 23rd June that the contract was awarded to the Norwegian entity of the…
JinkoSolar Holding Company Ltd (“JinkoSolar” or the “Company”), one of the largest and most innovative solar module manufacturers in the world, has announced that it will supply 60.9 MW of bifacial modules for the first industrial hybrid plant in Chile. The hybrid plant will…
DEME Offshore’s Apollo has installed the first of 58 turbines at Otary’s SeaMade offshore wind farm in the Belgian North Sea. The Apollo loaded the first wind turbine components at the Renewable Energy Base Ostend, which is used as the marshalling harbour for the…
Energean Plc has completed installation of the sales gas export pipeline and main deep-water production systems in the Karish and Tanin development project, offshore Israel. Karish development is now 80% complete, according to Energean. TechnipFMC completed core installation of 90.3 km of 30-…
New Zealand EQC renews NZ$6.2bn Aon-placed reinsurance programme New Zealand’s Earthquake Commission (EQC) has renewed its NZ$6.2 billion ($4.0 billion) reinsurance programme for the forthcoming year, with the cover provided by the Aon-placed programme unchanged from last year. The premium is NZ$185.7 million for…
Trident Marine Managers Hires Smith, Opens Boston Office Trident Marine Managers (TMM), a managing general underwriter for the specialty marine and offshore energy industries and a part of Ryan Specialty Group (RSG), has appointed Clarke Smith as director of Underwriting. This move was announced…
Oil prices have now reached an interim stage of recovery. That’s according to Rystad Energy’s Head of Oil Markets Bjornar Tonhaugen, who outlined that prices will fluctuate around the $40 mark “for a while” and that “huge deviations” would not be likely. Further…
Dutch offshore contractor Heerema Marine Contractors has been awarded a contract by HSM Offshore for the transportation and installation of Dana Petroleum’s P11-Unity platform. HSM Offshore was awarded an EPCI contract for the Unity platform back in November 2019 with completion expected in November…
