Oilfield services firm Helmerich & Payne Inc will acquire Britain's KCA Deutag International for $1.97 billion in cash, making the combined company one of the biggest rig providers in the Middle East, the companies said on Thursday.Oilfield…
Green Marine (UK)’s initiative looking to retrofit crew transfer vessels (CTV) with hydrogen, fuel cells and battery, with the aim to cut emissions while servicing offshore wind farms, has been granted Approval in Principle (AiP) by global classification society RINA…
Saipem and Curtiss-Wright Corporation have reached a new milestone for the subsea applications industry, having completed the qualification process of an all-electric seabed barrier fluid-less pump.Developed based on proprietary solutions inherited from the nuclear sector…
Strohm has won a contract from TotalEnergies for the supply of thermoplastic composite pipeline (TCP) flowlines for an offshore field located in the Santos Basin, marking the largest commercial award for pipe supply in company’s 16-year history and a first project in the Brazilian pre-salt…
Brazilian oil and gas company Enauta has resumed production from the floating production, storage, and offloading (FPSO) vessel operating at Atlanta field, offshore Brazil.Atlanta Field’s production resumed on July 26, and the maintenance period…
Engineering company Apollo has completed the offshore trials for its PALM Quick Connection System (QCS), designed to streamline the efficient hook-up and disconnection of cables or moorings for floating offshore renewable energy devices.The trials…
Spanish engineering firm Saitec Offshore Technologies and offshore wind player RWE have launched the DemoSATH Lab initiative to carry out further environmental monitoring studies around the floating wind demonstrator deployed off the Basque coast…
Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas production in the Mediterranean and Gulf of Suez.After discussions between Egypt's Petroleum…
Technip Energies has met all its contractual obligations for the engineering, procurement and construction (EPC) work for the second phase of Umm Lulu project, being developed 40 km offshore Abu Dhabi in United Arab Emirates.Abu Dhabi Marine…
OEG Energy Group has completed the acquisition of Offshore Painting Services (OPS Wind), a provider of specialist operations and maintenance (O&M) and training services to the offshore wind sector.OPS Wind has its head office in Liverpool with a regional office in Llandudno…
Subsea Integration Alliance, a global alliance between Subsea7 and SLB’s OneSubsea, has secured a ‘sizeable’ contract from BP for the engineering, procurement, construction and installation (EPCI) of subsea pipelines and production systems at Murlach development in the North Sea…
TotalEnergies has decided to withdraw from two oil and gas blocks offshore South Africa, with its partner in one of the blocks QatarEnergy also announcing its exit from the development.Following the decision of the partner CNRI to withdraw its 20% stake from Block 11B/12B…
The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy Gulf Wind LLC made an unsolicited bid.The administration…
Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon.These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1…
Twin Brothers Marine (TBM) has joined a major infrastructure development project to support multiple renewable energy initiatives along the Northeast Coast, including offshore wind.The project will involve the fabrication and delivery of 3,000 tons of structural components…
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