Denmark's DONG Energy will take over an offshore New Jersey wind lease previously held by RES Americas Developments that had been awarded to RES in an auction held by the US Bureau of Ocean Energy Management (BOEM) in November 2015. The New Jersey lease encompasses 160…
CAPE Holland successfully deployed its first commercial application of the new Vibro Lifting Tool (VLT) to install four piles in 90m water depth at the Maersk-operated Culzean field in the UK North Sea. This installation is part…
UK supermajor BP awarded Cape a US$153.5 million two-year contract to supply services on six North Sea assets and the Forties Pipeline Systems. According to Cape, the company will provide a range of core services, including access, insulation…
Sevan Marine subsidiary KANFA has been awarded a letter of award for the engineering, procurement and construction (EPC) of four process modules for the FPSO Yinson Production. The contract is expected to last 15 months and be worth about US$50 million…
Eco Atlantic Oil & Gas Ltd.received approval from the Parliament of the Republic of Ghana to acquire a 50.51% interest in the Cape Three Points West block, located in the Tano Cape Three Points basin, offshore Ghana. The agreement is for 25 years…
Wood Group has acquired Cape Software, a Texas provider of simulation software and services for operator training and logic validation for SCADA and DCS industrial control systems used by the oil and gas and other process-based industries…
UK and Singapore headquartered services firm Cape has acquired UK-based Motherwell Bridge, a provider of storage tanks, gasholders and heat exchangers to the energy and steel markets for £37.65 million. Motherwell Bridge, headquartered in Lanarkshire…
Siemens announced today that it has signed a contract to provide wind turbines and services for the pioneering Cape Wind project, the first commercial offshore wind farm in the USA. Siemens and Cape Wind have signed a major contract for…
The newbuild semisubmersible La Muralla IV arrived in Mexico waters after a 16,200-mile journey.Fairmount Marine’s tug Fairmount Glacier delivered the semisubmersible La Muralla IV to the Bay of Campeche, Mexico. The rig was towed from Okpo…
The US Bureau of Ocean Energy Management, Regulation & Enforcement (BOEM) will publish a call for information and nominations in the Federal Register to gauge interest in wind energy development offshore New Jersey.The 418 nautical square…
Cape Wind clears another hurdleThe Cape Wind offshore wind power project in January received a final permit from the US Environmental Protection Agency to begin construction of the first US offshore wind farm. The agency's approval came a…
The ocean energy industry is still at a nascent stage, but burgeoning support in a few key markets, diverse resource potential and maturing technology are boosting the industry’s prospects for growth. That’s the verdict of a new IHS emerging energy research market study…
Cape Wind clears another hurdleAnother challenge to its long-delayed quest to become the US’s first offshore wind farm was successfully fought off by Cape Wind as federal regulators in August upheld an earlier decision that said the project posed no threat to airways…
After years of delay, the Cape Wind offshore wind project got the green light to proceed with the $1 billion development off the coast of Massachusetts, putting the project on the path to become the first wind power installation on the US Outer Continental Shelf…
More than eight years after the project was announced, the Obama administration is pushing for a final resolution that would allow installation of the first major offshore wind farm in the US.Threatening to ‘take the steps necessary to bring the permit process to conclusion…
