Company News

Courtesy Ocean-Power/SBM Offshore
SBM Offshore signs investment agreement with Ocean-Power
Company News

SBM Offshore takes stake in Blue Power hub developer

Jan. 8, 2025
SBM Offshore has made an initial equity investment in Ocean-Power, based in Ronglan, Norway.
Courtesy Tugdock and Sarens
SGC-250
Company News

Crown Estate supports floating offshore wind hub plan for South Wales port

Dec. 11, 2024
Tugdock and Sarens have secured funding from The Crown Estate for their project to develop a heavy-lift operations and maintenance (O&M) hub at ABP’s Port Talbot in South Wales...
Courtesy bp
Deepwater Gunashli platform in the Caspian Sea
Company News

Equinor completes withdrawal from E&P in Nigeria, Azerbaijan

Dec. 9, 2024
Equinor has completed the sales of its upstream businesses in Azerbaijan and Nigeria at an estimated price of up to $2 billion.
ID 347992885 | Light © Sergiy Romanyuk | Dreamstime.com
offshore wind
Renewable Energy

bp, JERA form offshore wind joint venture

Dec. 9, 2024
bp and JERA plan to combine their offshore wind businesses into a new standalone 50:50 joint venture.
Courtesy Rope Access Sverige AB
Swire Renewable Energy Acquires Rope Access Sverige AB
Company News

Swire Group strengthens wind turbines service capabilities

Dec. 9, 2024
Swire Group’s wind turbine maintenance division Swire Renewable Energy has agreed to acquire Rope Access Sverige, a Swedish blade repair specialist.
Courtesy Proper Marine
ABL Group to acquire Brazilian engineering and design company Proper Marine
Company News

ABL Group acquiring Brazil offshore engineering consultancy

Dec. 9, 2024
ABL Group has entered into an agreement to acquire Rio de Janeiro-based Proper Marine, a naval architecture and engineering consultancy.