Latest News for: Offshore contracting

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High borrowing costs making green energy network costlier to build

The Times/The Sunday Times 22 Apr 2024
The cost of building more electricity-generating assets such as offshore wind turbines, ... The cost of offshore wind contracts has fallen from £164 per megawatt hour in 2014, to just £51 in the 2022.
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CBRM councillor questions contract with port developer for proposed container terminal

CBC 22 Apr 2024
Cape Breton Regional Municipality's deal with a port developer is being questioned by a member of council, who says the contract calls for a container terminal, not offshore wind business ... .
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Higher UK interest rates could add £29bn to energy bills by 2050

AOL 22 Apr 2024
For example, the cost of offshore wind contracts has fallen from £164 per megawatt hour in 2014, to £51 in the 2022 renewable energy auction (in today’s prices), the Resolution Foundation said.
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‘Government flip-flopping on climate has cost us work’: Ramboll’s Philippa Spence on what she wants from UK politicians

Building 22 Apr 2024
That same week, a government auction for new offshore wind contracts failed spectacularly when no developers made bids because they believed the prices had been set too low.
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Queensland weather: Massive rain bomb triggers flood warnings - what the forecast looks like in your...

The Daily Mail 21 Apr 2024
'We'll only see a change later on Sunday as the wet weather starts to contract offshore leaving a few coastal showers going into early next week,' she said ... Rock fishers have also been urged to heed the wet weather warnings ... Thursday Sunny. Max 33 ... .
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Canacol Energy makes gas discovery in Colombian basin

Offshore Technology 19 Apr 2024
The wells sit in the VIM21 exploration and production contract, which is wholly owned by Canacol. The contract covers 27,410 acres.See Also. ... Tick here to opt out of curated industry news, reports, and event updates from Offshore Technology.
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DEME wins cable installation work for two Dutch offshore grid systems

Splash24/7 18 Apr 2024
Belgian marine contractor DEME has been awarded two contracts by cable solutions provider Prysmian for the engineering and installation works on two offshore grid systems in the Netherlands.
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Petrofac bags $350m services deal in Equatorial Guinea

Splash24/7 18 Apr 2024
Offshore engineering specialist Petrofac has been awarded a technical services contract by Equatorial Guinea’s national oil company GEPetrol to support operations on the region’s offshore Block B.
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Singapore yard loses drilling rigs-related arbitration against Akastor unit

Splash24/7 18 Apr 2024
Singapore’s Jurong Shipyard, a subsidiary of Seatrium, has lost an arbitration over the termination of drilling equipment contracts related to four offshore rigs ... The contracts ...
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Petrofac lands $350 million contract in West Africa

Upstream Online 18 Apr 2024
Petrofac has been awarded a $350 million, ...
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