30 Dec 2020

Kerogen signs agreement to exit Energean Israel

Kerogen is pleased to announce that it has entered into a Sale and Purchase Agreement with our listed joint venture partner and project operator Energean plc (“Energean”) for the sale of our 30% shareholding in Energean Israel Limited (“EISL”). The transaction is conditional upon Energean shareholder, regulatory and other customary approvals with completion expected end...
22 Dec 2020

Pandion Energy partners in significant oil discovery in the Norwegian Sea

Pandion Energy AS (Pandion Energy) holds a 20 per cent interest in the Slagugle discovery in production license 891 in the Norwegian Sea. Based on preliminary resource estimates this is the largest discovery announced on the Norwegian Continental Shelf in 2020. The wildcat well 6507/5-10 S is located about 23 kilometers north of the Heidrun...
30 Oct 2020

French and swedish team up to optimize serial production of concrete floaters

Ideol and Bygging Uddemann (BYUM) combine their world leading and fully complementary knowhows and signed a formal collaboration agreement aiming at further guaranteeing the on-time and on-budget delivery of Ideol’s concrete floaters for offshore wind, building on existing and proven construction methods. Ideol, a recognized leader in floating offshore wind, and BYUM, a reputable solution provider...
08 Oct 2020

MHI Vestas and Total, new partners of IDEOL on EOLMED project

  MHI Vestas and Total formally announced their involvement in the EOLMED project this week. These internationally recognized leaders and the project developer QAIR have agreed to combine their respective know-how’s and efforts to successfully develop and execute this 30MW pilot project. Paul de la Guérivière (Ideol’s CEO) indicated that “IDEOL is looking forward to collaborate...
02 Oct 2020

Pandion Energy swaps license interests with ConocoPhillips

Pandion Energy AS (Pandion Energy) has entered into an agreement with ConocoPhillips Skandinavia AS (ConocoPhillips) to swap half of its 20 per cent interest in PL 1047 in the North Sea in exchange for ConocoPhillips’ 20 percent interest in PL 938, containing the Calypso prospect. PL 938 is located in the prolific Haltenbanken area in...
03 Sep 2020

Industry leaders sign floating offshore wind strategic partnership and develop new product

IDEOL, an internationally recognized leader and pioneer in floating offshore wind, and BRIDON-BEKAERT ROPES GROUP (BBRG), the world’s premier supplier of mission-critical advanced cables and ropes, have signed a strategic partnership aiming at developing a new industry-transforming synthetic mooring solution to meet the fast accelerating floating offshore wind market’s cost-reduction, capacity and lead-time expectations. This...
23 Jul 2020

BayWa r.e., Elicio and Ideol join forces to submit a bid for the ScotWind tender

BayWa r.e., a leading global renewable energy business with a strong presence in Scotland that includes more than 75 employees and 890 MW of onshore wind projects under management, has signed an exclusive agreement to join the existing consortium of Ideol and Elicio to prepare a joint bid for the ScotWind tender recently launched by...
23 Jun 2020

Karish pipe laying and subsea systems installation completed – Karish Development c. 80% physically completed

Karish Pipe Laying Energean plc is pleased to announce the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. Energean’s partner, TechnipFMC, has successfully completed on time the laying of the Gas Sales Pipeline and the main deep water installations of the subsea production systems. The pipelay vessel, Solitaire, completed...
23 Jun 2020

IDEOL – French and Japanese Leaders Team Up to Develop Commercial Scale Floating Offshore Wind Projects

JERA (Japan’s largest utility company), ADEME INVESTISSEMENT (a 100% French State-owned investment company aiming at financing innovative infrastructure projects) and IDEOL (a global leader in floating offshore wind) have agreed on the key terms for the establishment of an investment vehicle dedicated to the financing of the development phase of at least 2 GW of...
15 Jun 2020

Pandion Energy approves the Hod development project

The Board of Directors of Pandion Energy has today approved sanctioning of the Hod development project. The project was originally scheduled for approval in March but was put on hold due to the outbreak of the COVID-19 pandemic and subsequent collapse in global demand for oil. On Monday 8 June, the Norwegian Government and the...
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