Latest News for: Project offshore contracting

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GLDD Q1 Earnings Call: Outperformance Driven by Project Execution and Backlog Expansion

The Call 19 May 2025
The company is expanding the Acadia’s addressable market to include international offshore wind and subsea infrastructure projects, reducing reliance on domestic wind contracts ... offshore wind projects, broadening the company’s long-term revenue base.
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ConocoPhillips doles out contract for Norway development

Upstream Online 19 May 2025
US operator ConocoPhillips has ...
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Staatsolie secures $1.6bn loan to enter TotalEnergies project in Suriname

Splash24/7 15 May 2025
With this loan, the company can partly finance its 20% participation in the GranMorgu project in Suriname’s offshore block 58 ... SBM Offshore has already been awarded contracts for the project in November last year.
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Offshore yard in Poland busy on vessel for oil project in Canada

Upstream Online 14 May 2025
... on a firm 15-year contract.
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Asian operator offers 'sizeable' offshore pipelay job to contracting heavyweights

Upstream Online 13 May 2025
India’s Oil & Natural Gas Corporation (ONGC) has ...
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Wison pulls ahead in race for Sakarya FPU job as award looms

Upstream Online 13 May 2025
Wison New Energies has emerged as the front ...
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Oceaneering bags work on BP’s GTA field

Splash24/7 08 May 2025
The contract was awarded to Oceaneering’s offshore projects group by BP’s subsidiary BP Mauritania Investments for the provision of subsea inspection, maintenance, and repair services and remotely operated vehicle services.
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Orsted Cancels Hornsea 4 Wind Farm – and Kills Miliband’s ‘Clean Power 2030’ Agenda Dead

The Daily Sceptic 07 May 2025
Today, Orsted has announced that it is pulling out of its flagship 2.4 GW Hornsea Project Four offshore wind farm that was granted a contract only last year in AR6 ... deliver more offshore wind capacity.
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Ørsted discontinues work on Hornsea 4

New Power 07 May 2025
Ørsted has announced it will ‘discontinue’ the 2.4GW Hornsea 4 offshore wind project in the UK ‘in its current form’ ... so Ørsted has stopped spending and terminate dthe project’s supply chain contracts.
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Ørsted shelves 2.4GW UK offshore wind project over rising costs

Splash24/7 07 May 2025
Danish offshore wind developer Ørsted has discontinued the Hornsea 4 offshore wind project in the UK, citing rising costs and increased risks for development ... the project’s supply chain contracts.
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Ill winds are blowing for Labour’s 2030 deadline for clean energy

The Observer 07 May 2025
The company grumbled about supply chain costs, interest rates and “adverse macroeconomic developments”, but no other offshore developer that won a price contract in last year’s auction round (AR6) has dropped its project.
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Orsted cancels major UK offshore wind project amid rising costs

Invezz 07 May 2025
This decrease can be attributed to increasing costs, supply chain disruptions, and diminished investor confidence stemming from opposition to offshore wind by US President Donald Trump.Hornsea 4 project cancelled.
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�rsted discontinues Hornsea 4 offshore wind project despite winning contract for difference

Energy Voice 07 May 2025
�rsted has announced it will discontinue construction on its Hornsea 4 offshore wind project in the UK, despite recently securing a Contract for Difference (CfD) ....
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DOF vessel duo get work off Brazil

Splash24/7 06 May 2025
The 2007-built diving support vessel Skandi Achiever was awarded an offshore service and survey contract in Brazil in support of a ...
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ADNOC Drilling awarded $806 million long-term contract for three newbuild island rigs

Eye Of Riyadh 06 May 2025
ADNOC Drilling Company announced today it has been awarded a contract for three island rigs by ADNOC Offshore for an estimated total contract value of US$806 million to support expanding operations at the offshore Zakum development project.

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