ExxonMobil awards Falcon logistics contract in Guyana

(OM) Blue Water Shipping affiliate Falcon Logistics has signed three 3-year contracts with ExxonMobil Guyana. The company will provide vessel agency and wharfage operations, customs clearance, and inland transportation in Georgetown and Trinidad. Falcon will also draw on Blue Water’s capabilities in handling oil and gas cargo and vessels, and its network of offices globally... Continue Reading →

UK’s OEG to Buy Bluestream Offshore

(OW) OEG Energy Group (OEG) has signed a Sale and Purchase Agreement (SPA) to acquire Dutch subsea and topside services specialist Bluestream Offshore. The acquisition is expected to increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opportunities in the growing offshore renewable industry. Bluestream has a... Continue Reading →

Aker Capital Takes Larger Stake in Solstad Offshore

Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at an average price of NOK 48.45 per share. Following the transaction, Aker Capital holds 27,089,493 shares in the company, corresponding to an ownership interest of approximately 32.9%.Aker Capital AS is 100% owned by Aker ASA and represented on the board of the company by Frank Ove Reite.... Continue Reading →

Siemens Gamesa and Vestas Collaborate to Standardize Equipment for Transportation of Wind Turbine Towers

(OW) Building on a previous collaboration focused on tower foundations and lifting guidelines, Siemens Gamesa and Vestas, facilitated by Energy Cluster Denmark, have signed a new partnership agreement to increase standardization within the wind industry. Initially, the partners will standardize equipment for the transportation of wind turbine towers. “Currently, whenever a wind turbine tower is... Continue Reading →

Vestas and Mitsubishi to Build First Offshore Wind Farms in Louisiana State Waters

(OW) Steelhead Americas, Vestas’ North American development arm, and Mitsubishi-owned Diamond Offshore Wind (DOW Wind) have signed operating agreements to build the first offshore wind farms in Louisiana waters. The State Mineral and Energy Board has approved a 6,162-acre property agreement for DOW Wind off the coast of Terrebonne and Lafourche parishes and a 59,653-acre... Continue Reading →

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