Wood (LON: WG) has been awarded the principal design and pre-FEED scope for Salamander, the 100MW floating windfarm to be built off Peterhead.
Ørsted will take a majority stake in the Salamander floating wind project off the Aberdeenshire coast, as part of a joint venture set up by Simply Blue Group and Subsea 7.
Floating wind firm Simply Blue Group has drawn a €7.5m (£6.3m) investment from Octopus Renewables.
Floating wind Salamander aims to provide stepping stone for green hydrogen Dolphyn off north-east coast
Energy firms behind ambitious plans to develop floating wind and green hydrogen projects off the north-east coast will work together to see if their schemes are an ideal match.
The Global Energy Group (GEG) has signed a memorandum of understanding (MoU) to collaborate with a partnership planning a new floating wind development off the north-east coast.
Ophir Energy will close almost half of its offices and reduce its headcount as it looks to streamline costs following its acquisition of Salamander Energy earlier this year. The move was made as chief executive Nick Cooper admitted the company faced a “tough time” in the commodity cycle. However the company’s head insisted Ophir continued to have a strong balance sheet despite the changes.
Ophir Energy said its board of directors has reached an agreement with Salamander Energy in its takeover bid. The transaction for the entire share capital of Salamander Energy means shareholders will be entitled to 0.5719 of new Ophir shares.
Ophir Energy has made an indicative offer to acquire Salamander Energy, the companies have said in a joint statement. The company is making an offer of 0.5719 of its own shares for each Salamander share. Both Ophir Energy and Salamander said there was “compelling strategic logic” for the move, that will leave the pair with a strong portfolio of operations across Africa and South East Asia.