ABL Gets Neptun Deep Job for OMV Petrom in Black Sea
, OMV Petrom and Romgaz in June 2023 approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block.OMV Petrom is the operator, with each company having a 50% interest in the project.Later that year, Corinth Pipeworks, as a subcontractor of Sumitomo Corporation Europe, won a contract to manufacture and supply approximately 160 km of longitudinally submerged arc-welded steel pipes (LSAW) for the development of an offshore natural gas pipeline for the project.Romania: Neptun Deep Offshore Project Enters Development PhasePipeline Construction Contractor
DEME to Use Special Drilling Tech Again as It Wins Second Major Offshore Wind Deal in France
a ‘large’ contract, which DEME defines as having a total value of more than EUR 300 million.The wind farm is being developed by Éoliennes en Mer des Îles d’Yeu et de Noirmoutier (EMYN), a consortium including Ocean Winds (an ENGIE and EDPR joint venture), Sumitomo Corporation, La Banque des Territoires and Vendée Energie.Giant Drill & MODIGA SystemAccording to DEME, just like the Saint-Nazaire project, the wind farm is located in a very rocky area, with challenging ocean conditions. The installation of the monopile foundations will thus again call for
Aker Solutions Buys Stake in Airborne
strengthen, integrate and diversify its range of thermoplastic composite pipe (TCP) solutions for the international subsea sector.The global engineering company joins other shareholders Chevron Technology Ventures, Evonik Venture Capital, Saudi Aramco Energy Ventures, Shell Ventures, Subsea 7, Sumitomo Corporation and the private equity investor, HPE Growth Capital.Oliver Kassam, Airborne Oil & Gas CEO said, “We have a very strong portfolio of organizations invested in the business, and the addition of Aker Solutions is significant as there are several areas where we can optimize the
Race Bank Offshore Wind Farm Officially Opens
megawatts (MW) of green electricity from its 91 Siemens Gamesa 6 MW wind turbines. Many of these turbines feature the first blades to be manufactured at the Siemens Gamesa blade factory in Hull.Race Bank is owned by Ørsted (50 percent), Macquarie European Infrastructure Fund 5 (25 percent), Sumitomo Corporation (12.5 percent) and funds advised by the Green Investment Group, Arjun Infrastructure Partners and Gravis Capital Management (12.5 percent) and operated from Ørsted’s East Coast Hub in Grimsby, the U.K.’s largest offshore wind Operations and Maintenance (O&M) base.The
February 2025
