Helix Energy Solutions Group, a U.S. offshore oil, and gas well services company, has signed a multi-year deal with Shell to provide Well Intervention services in the Gulf of Mexico.Under the contract Helix will provide either the Q4000 or Q5000 riser-based semi-submersible well intervention vessel…
Offshore accommodation rig owner Prosafe said Thursday that Stig H. Christiansen, DCEO & CFO tendered his resignation as deputy CEO & CFO of Prosafe in order to pursue an alternative career opportunity.Prosafe, which owns a fleet of semi-submersible accommodation rigs…
Danish offshore wind farm developer Ørsted has installed the first wind turbine at its Greater Changhua 2a offshore wind farm in Taiwan.The wind farm is part of the 900 MW Greater Changhua 1 & 2a project. Ørsted announced the milestone via social media…
London-listed oil and gas company Ithaca Energy said Thursday it had agreed to acquire Summit Exploration and Production Limited, a UK North Sea-focused oil company and a subsidiary of Japan's Sumitomo.In the announcement of its financial results…
Norwegian offshore vessel owner Siem Offshore has signed a new contract for the “Siem Sapphire” AHTS vessel for operations in Taiwan. 'Delivery [of the vessel] has already taken place, and secures firm utilization well into the third quarter of 2022 plus options…
Norway's $1.3 trillion wealth fund, the world's largest, should push the 9,300 companies it invests in worldwide to adopt net-zero targets, the finance ministry proposed on Friday.The move comes after a government-appointed commission said in…
Offshore renewables company RWE Renewables has this week seen the 1,400-tonne Kaskasi offshore wind farm substation topside installed onto the monopile foundation, off Germany.The 342-megawatt Kaskasi offshore wind project is being built 35 kilometers north of the island of Heligoland…
U.S. energy company New Fortress Energy Inc said on Thursday it filed with federal regulators to build an offshore liquefied natural gas (LNG) export project off Louisiana that could enter service as soon as the first quarter of 2023.That is…
Hundreds of climate change protesters blocked oil terminals across Britain on Friday with some supporters climbing on top of oil tankers as part of their campaign to force the government to end its reliance on fossil fuels.Extinction Rebellion…
Mexico's ongoing support for state oil company Petroleos Mexicanos (Pemex) remains a challenge to government finances and the sovereign credit rating, Moody's said on Thursday.Moody's, which gave Mexico a 'Baa1' rating with a negative outlook…
Britain has approved the development of East Anglia One and East Anglia Two offshore wind farms with a combined capacity of 1.7 gigawatts, located in Southwold off the coast of Suffolk in the North Sea, Britain's planning inspectorate said.Britain has a target to reach net zero emissions by 2050…
The Australian Government has awarded London-listed oilfield services giant Petrofac a contract for Phase 1 of the decommissioning of the Northern Endeavour FPSO, offshore W. Australia.Northern Endeavour FPSO is currently moored between the…
Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex…
The hull of the FPSO Prosperity, which will be Guyana's third offshore production unit after the Liza Destiny and Liza Unity, has recently left the dry dock in Singapore, in preparation for topside installation works.The hull arrived in Singapore last year from China where it was built…
Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday.The companies had first announced…
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