Longitude, the engineering and design branch of LOC Group, has appointed James Sugden as head of the Marine Systems Engineering team.Longitude said the appointment expands the company’s expertise in the design and engineering of marine systems on ships…
Offshore wind turbine builder MHI Vestas has delivered the first-ever offshore wind turbine components to Able Seaton Port in Hartlepool, in the UK.The components, including 15 blades produced at the Isle of Wight and finished at Fawley, are…
Spanish engineering company Marcelo Penna Engineering and the Dutch offshore gangway specialist Safeway have designed what they say is 'an intelligent Service Operation Vessel' for the offshore wind industry.'The outcome of the collaboration…
Norwegian company Aker Offshore Wind has received funding from Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of offshore floating wind. Enova is Norway’s innovation fund for environmentally friendly technologies…
UK oil company Premier Oil's creditors have given their approval for the company's merger with rival Chrysaor, proposed in October.To remind, the two UK-based offshore oil and gas companies Premier Oil and Harbour-controlled Chrysaor agreed to merge in an all-stock transaction…
Italian oil and gas giant Eni has joined marine renewable energy group Ocean Energy Europe (OEE), as lead partner. Vincenzo Michetti, Eni’s Head of Upstream R&D will represent the company on the OEE Board. As part of the industry body focused on the development of tidal and wave energy…
Norwegian firm Solstad Offshore has won contracts for two of its vessels the Normand Jarstein and Normand Tonjer in the offshore wind and subsea sectors.The Normand Jarstein construction support vessel has been awarded a 4 months firm contract…
Under the Trump Administration, Americans have enjoyed the benefits of consecutive increases of record-high oil production from the U.S. Outer Continental Shelf (OCS) for 2018-2019. During this same time period, the Bureau of Safety and Environmental…
Norwegian offshore vessel operator DOF Subsea has won a 2-year contract extension for its Skandi Africa subsea construction vessel.Skandi Africa is a subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations…
The United States has assured Italian oil company Eni SpA that efforts to prevent a spill at a floating crude facility in Venezuela would not run afoul of sanctions, the company, and the U.S. State Department said on Monday.Images in recent…
South America’s offshore output is on track to surpass volumes coming from North America by 2024, energy intelligence group GlobalData said Tuesday.While several projects in Brazil and Guyana have taken final investment decision (FID), and are less likely to be postponed or suspended…
Norwegian offshore vessel company Solstad Offshore has said that Petrobras has extended the contract for the Far Saga construction support vessel.Solstad said Friday the contract had been extended for a period of one year starting on Oct 30th…
UK-based offshore decommissioning specialist Well-Safe Solutions has secured a £26 million (around $33,6 million) investment to fund the next phase of its growth plan, the company said Monday.Well-Safe, which recently bought Seadrill's 1993…
The COVID-19 pandemic and a faster transition to renewable energy sources will have a permanent impact on global oil demand, Norway's biggest independent energy consultancy Rystad predicted on Monday.Global demand will likely peak in 2028 at 102 million barrels of oil per day (bpd)…
U.S. oil output fell 3.6% to 10.6 million barrels per day (bpd) in August as offshore Gulf of Mexico production collapsed to a near seven-year low, the U.S. Energy Information Administration (EIA) said in its monthly 914 production report on Friday…
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