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POSH Buys Boa Deep C Offshore Construction Vessel

few minutes ago

Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022…

Ashtead Technology Signs Rental Agreement with RTS

1 hour ago

UK-based subsea rental equipment and solutions firm Ashtead Technology has signed a rental agreement with Norway-based RTS, a provider of electronic engineering equipment for the underwater industry.Under the deal, Ashtead Technology will have access to the RTS-owned equipment fleet…

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

1 hour ago

Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…

Boskalis Lifts Profit Outlook as Demand for Offshore Wind Grows

1 hour ago

Dutch dredging and marine services firm Boskalis on Thursday slightly raised its 2022 profit outlook after a half-year earnings beat, as the West seeks to replace Russian gas with other energy sources.The group, which offers marine services…

Magseis Fairfield Firms Up SE Asia OBN Survey Deal

2 hours ago

Norwegian ocean bottom node seismic services firm Magseis Fairfield has confirmed a firm contract for a 4D Ocean Bottom Node project in South East Asia.The confirmation comes after the company, on July 25, said it had received a conditional award with a repeat client for this project…

Port of Aberdeen: Offshore Renewable Charging Hub in the Works for Idle Vessels

3 hours ago

Stillstrom, an offshore charging company recently launched by Maersk Supply Service, said Thursday it would collaborate with Port of Aberdeen on a project aimed at cutting emissions from vessels on standby outside the port.Stillstrom and Port…

Aker Energy Postpones Ghana Offshore Oil Field Plan amid Lukoil's Involvement

3 hours ago

Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil…

Norway's Oil and Gas Firms Raise Spending Forecasts

3 hours ago

Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as they plan to explore more and develop new projects, a national statistics office (SSB) survey showed on Thursday.The country's biggest business sector now expects to invest 172…

Enauta Restarts Production from Atlanta Field

4 hours ago

Brazilian oil company Enauta has brought back online oil production from the Atlanta field, following a planned downtime.Enauta had said earlier this month that the gradual output resumption would take place by mid-August when a new water treatment…

Caterpillar innovates to allow 25% Hydrogen mix on G20CM34s

Aug 17, 2022

New hydrogen fuel capability reduces CO2 emissions of Cat G20CM34Caterpillar Motoren introduced a new alternative fuel option enabling usage of up to 25% of hydrogen content mixed with natural gas in Cat G20CM34 engines. Prior to this upgrade…

RWE Taps UL Solutions for Polish Offshore Wind Farm Certification

Aug 17, 2022

RWE Renewables' subsidiary RWE Offshore Wind Poland has chosen UL Solutions as certifier for its F.E.W. Baltic II offshore wind farm.UL Solutions will certify the design fundamentals of the 350 MW project, which will be built in the Polish Baltic Sea about 55 kilometers from the shore…

Russia Forecasts Export Gas Price Will More Than Double in 2022

Aug 17, 2022

Russia forecasts its average export gas price will more than double this year to $730 per 1,000 cubic meters before gradually falling until the end of 2025, as pipeline gas exports decrease, an economy ministry forecast seen by Reuters showed…

'Pawn' in Energy Stand-off, Germany's Uniper Suffers $12.5B Loss

Aug 17, 2022

Uniper, the highest-profile corporate victim of Europe's energy crisis so far, reported a 12.3 billion euro loss ($12.5 billion) due to Russian gas supply cuts, saying it had become a 'pawn' in the energy standoff between the European Union and Moscow…

Well-Safe Solutions' P&A Rig Gets Trendsetter Engineering's Trident Intervention System

Aug 17, 2022

UK-based offshore well decommissioning firm Well-Safe Solutions has teamed up with Houston-based services company Trendsetter Engineering to equip its Well-Safe Guardian semi-submersible rig with the Trident Intervention System.'Featuring a compact yet powerful design…

Ulmatec's Gangway for First Jones Act-compliant Service Operation Vessel

Aug 17, 2022

Norway-based gangway supplier Ulmatec has secured a contract for the supply of a 32-meter motion compensated gangway and logistics support systems for ECO Edison, the first U.S.-built Jones Act service operation vessel (SOV). This 260-foot vessel…

Current News

POSH Buys Boa Deep C Offshore Construction Vessel

POSH Buys Boa Deep C Offshore Construction Vessel

Ashtead Technology Signs Rental Agreement with RTS

Ashtead Technology Signs Rental Agreement with RTS

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Boskalis Lifts Profit Outlook as Demand for Offshore Wind Grows

Boskalis Lifts Profit Outlook as Demand for Offshore Wind Grows

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