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Daily (28.08.2017): Oil prices rose on Friday as the US are heavily hit by Hurricane Harvey

Oil prices rose on Friday, as the U.S. dollar weakened and the U.S. Gulf Coast is being hit by Hurricane Harvey, likely to become the biggest storm to affect United States mainland in more than a decade. Refineries, terminals, onshore and offshore production operations and other infrastructure have been shut down or begun storm preparations. Brent crude edged up by 0.71% to $52.41 a barrel, while WTI price surged by almost 1% to end at $47.87 a barrel.

read more... 28/08/2017

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HBC to continue subsea inspections of DONG Energy’s offshore wind farms

HBC Group has settled a deal with DONG Energy to carry out sub-sea inspections on DONG Energy’s offshore wind parks, located in German and Dutch North Sea.

read more... 22/08/2017

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Transocean to acquire competitor Songa Offshore for $1.1 billion

One of the world’s biggest oil rig operator, Transocean, is about to acquire its Norwegian rival Songa Offshore. The acquisition will be carried out through shares and convertible bonds, all worth 9.1 billion crowns ($1.1 billion).

read more... 16/08/2017

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Global Infrastructure Partners to acquire DONG’s stakes in offshore wind project

DONG Energy is interested in selling its 50% stake in the 450MW Borkum Riffgrund wind farm in Germany. Global Infrastructure Partners (GIP) is interested in buying the share for €1.17 million.

read more... 08/08/2017

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Germany predicts 900 MW of new offshore wind in 2017

Germany connected 626 megawatts (MW) of newly constructed offshore wind capacity to power grids in the first semester of this year and hopes to see total installations of 900 MW in the entire year, as stated by five industry groups in a joint statement on Thursday.

read more... 21/07/2017

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