Equinor has appointed Jens Økland as acting Executive Vice President (EVP) for Renewables, as Pål Eitrheim steps down from the position.Økland will assume his new role from December 6, 2024. He has more than 30 years of experience in Equinor…
Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey…
FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer…
Brazilian prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, according to documents filed on Monday to environmental agency Ibama…
U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday.Exxon, Hess and CNOOC won offshore block S8 in a bidding…
French subsea power cable maker and services provider Nexans has secured a contract from ScottishPower Renewables to supply and install export cables for the East Anglia TWO offshore wind farm in the southern North Sea.Under the contract, Nexans…
Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.Brent crude futures posted their biggest gains in two weeks…
The Bureau of Ocean Energy Management (BOEM) has announced its approval of the Construction and Operations Plan for the Maryland Offshore Wind project.This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision…
Polish authorities have issued two construction permits to RWE for its Baltic II offshore wind farm.The permits cover construction of offshore wind turbines along with inter-array and telecommunications cables and offshore substation for the 350 MW offshore wind farm…
McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and Chinwol field development project in the Gulf of Mexico.Under the contract scope, McDermott will provide comprehensive FEED services for the project's engineering…
Libya's National Oil Corporation (NOC) will announce a bidding round for oil and gas exploration concessions before year-end, NOC's chairman said on Tuesday.It would be the first bidding round by the OPEC member country since the 2011 NATO-backed uprising that toppled leader Muammar Gaddafi…
French oil major TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday.TotalEnergies and Partners Group declined to comment…
Salunda, a provider of digitized solutions for safety critical industries, has secured a contract to install its HaloGuard zone monitoring solution on the Transocean Endurance semi-submersible rig in Australia.The award marks Salunda’s first…
Inyanga Marine Energy Group has opened a new office in Canada to help drive the development of offshore renewable energy in the country.The new company is called Inyanga Maritime Services Nova Scotia Limited, based in Halifax Nova Scotia.Kiley…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new contract for one its small-class vessels.The contract spans a total of 18 months, including optional extensions, in the Gulf Cooperation Council (GCC) region…
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