Maritime and offshore classification society ABS said Thursday it had brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half…
Dutch offshore equipment maker Huisman has won a contract to deliver a 2,300 mt Lifting Spreader and a set of adaptive Damping Tugger Winches to DEME Offshore's offshore installation vessel Orion.Huisman said that the equipment was designed…
The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO to end client ExxonMobil…
Marine robotics company Ocean Infinity said Thursday it had acquired marine geotechnics experts, Geowynd.Based in the UK, with clients all over Europe, Geowynd’s team of geotechnical engineers provides consultancy services to aid the safe and…
Ørsted and RWE, the world's two largest offshore wind players, both suffered from weaker winds in the first half, highlighting that profits in the booming industry remain tied to weather conditions.Denmark's Ørsted said it 'experienced significantly lower wind speeds than normal…
Norway's Aker Offshore Wind said Thursday it has, with its partner Mainstream Renewable Power, been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project in Japan…
UK North Sea focused oil and gas company Deltic Energy has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea with Cairn Energy.Cairn will acquire a 60% interest in each of…
Irish-based Gazelle Wind Power Limited has raised $4 million in funding to accelerate the development of its hybrid floating offshore wind platform. The investment includes $1.3 million in seed funding and another $2.7 million in strategic long…
The first jackets for the massive Seagreen offshore wind farm have arrived at the Port of Nigg in the Cromarty Firth, where they’ll be kept before being installed 27km off the Angus coast in the North Sea.The jackets, which will serve as foundations for offshore wind turbines…
Oslo-listed drilling firm Borr Drilling has secured a Letter of Award for its jack-up drilling rig 'Gunnlod' from an undisclosed operator in Malaysia. The drilling campaign is expected to start in the fourth quarter of 2021 in direct continuation…
Spanish oil firm Repsol has secured regulatory consent to start production from the Yme field in the North Sea, off Norway.'Yme will once again be producing oil, 20 years after the last time the field was on stream. [The] planned start-up will be in the second half of 2021…
U.S. Secretary of State Antony Blinken on Tuesday appointed former diplomat Amos Hochstein as a senior advisor for energy security to work on the fallout from the Russia-backed Nord Stream 2 pipeline, among other energy issues, according to a statement…
A day after the Norwegian company Aker BP on Tuesday said it had installed the HOD B platform topsides in the North Sea, off Norway, Dutch contractor Heerema Marine Contractors shared photos of the installation process.Heerema was responsible…
The Gambian government said on Tuesday BP has agreed to settle a $29.3 million outstanding commitment to drill an exploration oil well in the West African country's offshore A1 block, which the company was awarded two years ago.BP broke its…
Oil firm Rex International's subsidiary Lime Petroleum has signed an agreement with the Norwegian oil company Aker BP to acquire 20 percent in two offshore blocks in the North Sea. The transfer of the interests in the licenses PL867 and PL867B is pending regulatory approval…
Subscribe
