Brazilian state-run oil company Petrobras said on Friday its Chief Executive Officer Jean Paul Prates has appointed Sergio Caetano Leite to be the company's chief financial officer. Reuters had previously reported that Leite, Prates' business partner…
James Fisher and Sons plc and Uptime International have signed a memorandum of understanding to partner for the use of motion compensated gangways in the development of the pioneering Ulstein SX221 Diamond SOV. The duo said that the agreement…
Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…
Merced Capital has completed the acquisition of Dubai-based offshore construction vessel owner and service provider Telford Offshore.Telford Offshore, which offers offshore consturction and pipelaying services, said that as part of the transaction…
The Norwegian low-carbon tech firm Horisont Energi, working to develop CCS project offshore Norway, and the oil and gas company Neptune Energy have signed a memorandum of understanding (MoU) with the energy major E.ON with the aim of developing a European CCS value chain…
Production from Tailwind Energy's Gannet GE-04 well in the UK North Sea has started via the Triton FPSO, Serica Energy said Monday.The diving support vessel Deep Discoverer mobilized to the Triton area in early February to carry out the subsea tie-in of the Gannet GE-04 well…
Guyana Vice President Bharrat Jagdeo told Reuters the country plans to take back 20% of the giant Stabroek oil block that has been responsible for a series of massive discoveries from a consortium led by Exxon Mobil Corp., and remarket it by next year…
The Norwegian oil and gas company Equinor has given a longer-term charter to the Island Commander offshore supply vessel.The vessel, which is owned by Island Offshore, is currently on spot assignment for the same company.The 2009-built offshore…
Natural gas processing and transportation firm Williams Cos Inc said on Friday it executed deals with oil major Chevron Corp's unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico. Williams…
Aberdeenshire-based OEG Offshore has invested in SEAJET Systems Limited (SEAJET), the developer of an all-electric controlled flow excavation (E-CFE) solution for the offshore energy sector.According to OEG Offshore, SEAJET has recently patented…
Scana-owned Trans Construction (ATC) has secured a contract for the delivery of two E-house modules for generator sets that will be part of an offshore wind farm. Scana said the contract, which includes the design, fabrication, and installation work…
Harland & Wolff said on Friday that it would 'rationalize' the number of people working at its Methil facility in Scotland.This was in response to the contract termination settlement with Saipem over the building of jackets for the Neart na…
Norway's Equinor and German energy group EnBW plan to jointly develop offshore wind farms in Germany, the two companies announced on Friday.Germany, which seeks to cut its reliance on fossil fuel, in November raised its national renewable energy target to 80% of power generation by 2030…
A project aimed developing a solution to charge offshore vessels' batteries in the offshore wind farms was officially launched at a kick-off ceremony in Ålesund, Norway on Thursday.The project, called the Ocean Charger will be lead by Vard, with its sister companies Seaonics and Vard Electro…
EEW Special Pipe Constructions (EEW SPC) said on Friday that it has set a new record for its heaviest monopile built. The German offshore wind monopile manufacturer broke its own record, which was only set in July 2022, when the company delivered a 1…
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