Japanese firm Mitsui & Co has agreed to invest EUR 575 million in Mainstream Renewable Power in the form of new common shares, corresponding to a 27.5 percent equity stake in the Mainstream, in a move that Mainstream says will pave way for the company to become 'a global renewable energy major…
Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…
Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…
Malaysia's state energy firm Petronas said on Wednesday it has signed an agreement with Japanese shipping company Mitsui O.S.K Lines (MOL) to explore opportunities in liquefied carbon dioxide (CO2) shipping in Asia Pacific and Oceania regions…
Oslo-based subsea well intervention and installation services company AKOFS Offshore has signed a three-year contract with Brazil's Petrobras for its vessel Skandi Santos.Under the contract, the Skandi Santos will perform a broad scope of subsea services in Brazil…
Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co…
Japanese offshore drilling firm Japan Drilling Company has said that one of its jack-up drilling rigs has started a drilling operation in Vietnam.The rig, HAKURYU-11 rig has kicked off the drilling operation based on a subcontract with PetroVietnam Drilling & Well Services Corporation…
ABS has appointed Greg Lennon Vice President of Global Offshore Wind.“Greg is a leader who will build on the numerous successes of our offshore wind team and accelerate our continued support of the burgeoning industry here in the U.S. and globally…
Offshore drilling firm Japan Drilling Company said last week that its jack-up drilling rig Hakuryu-11 had reached a safety milestone.Namely, the rig has managed to achieve a three-year milestone of No Recordable Incident Record - for the September 14…
Offshore wind services company Eneti announced on Thursday it has entered into an agreement to acquire rival Seajacks, creating one of the world's largest, most capable fleets of wind turbine installation vessels (WTIV).Eneti said its deal with sellers Marubeni Corporation…
Maersk Training has named a new UK head of commercial to drive its growth and increase its safety offering for the energy industry.Based in Aberdeen, Paul Hudson will oversee sales, commercial and marketing activities for the company. He will work with UK managing director…
Woodside Petroleum is rectifying a corrosion issue identified during planned maintenance at the Karratha gas plant in Western Australia, a company spokesperson said on Friday.'We have discussed with the regulator and are taking all necessary…
Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Monday a planned shutdown on its Piltun-Astokhskaya-B (PA-B) offshore oil and gas production platform had been successfully completed.The PA-B platform was the first this year…
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…
Russian gas company Novatek has signed heads of agreement with Glencore for the long-term supply of LNG from the Arctic LNG 2 project.The agreement, signed Wednesday at Saint-Petersburg International Economic Forum, established the key commercial terms for the long-term supply of more than of 0…
