Drilling industry services provider PSW Technology, owned by Norwegian company Scana, has signed signed a renewal of a frame agreement with an international rig company for subsea support services.The framework agreement will begin in the first quarter of 2025 and extend for a period of two years…
The U.K.-based energy industry services firm EnerMech has completed a pre-commissioning project for a major U.S. energy infrastructure company in the Gulf of Mexico, providing a turn-key service for the delivery of specialized work for oil and gas export pipeline…
Aberdeen-based well management company Zenith Energy has been awarded six-figure well management contract with Central European Petroleum (CEP) as part of Poland’s Wolin project.Zenith has been contracted to provide full well management including all well engineering…
Ocean services provider DeepOcean has secured an inspection, maintenance and repair (IMR) contract from Vår Energi for Goliat and Balder fields offshore Norway.The scope of work, scheduled for 2025, also includes additional light construction work to be completed within the same year…
Norwegian oil firm Aker BP, partly owned by BP, on Wednesday reported a bigger-than-expected decline in third-quarter operating profit, but said its full-year output would be in the upper-half of its forecast.The group's profit before interest and tax fell to $1…
Seaway7, part of the Subsea7 Group, has secured a substantial contract from Ørsted for the transport and installation of the inter-array cables of the Hornsea 3 offshore wind project in the U.K. sector of the North Sea.Seaway7's scope of work…
Ørsted has signed a partnership agreement with Brookfield, its institutional partners, and its listed affiliate Brookfield Renewable, for the sale of 12.45% stakes in four of its operational U.K. offshore wind farms, with a combined capacity of approximately 3…
A Biden administration auction of offshore wind development rights in the Gulf of Maine drew $21.9 million in high bids for half of the eight areas offered, the U.S. Bureau of Ocean Energy Management said on Tuesday.Offshore wind developers Avangrid AGR…
SLB OneSubsea joint venture has secured a contract by BP to deliver a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.The award marks the latest milestone in the long-standing…
HydroWing, tidal energy division of Inyanga Marine Energy Group, has signed a binding agreement with PLN’s Subholdings to develop plans for plans for the first tidal current power plant in Indonesia.The 10 MW tidal energy project is planned…
Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel.The post-lift, installation and commissioning activities are expected to take up to six months to complete…
Norwegian subsea services firm Reach Subsea has brought in TotalEnergies to its Reach Remote uncrewed surface vessel (USV) qualification program, which joins Equinor and other industry majors as partner in the pilot program.The pilot project includes a variety of relevant survey…
RWE has launched the SeaMe project in partnership with leading scientists to gain better understanding of the interactions between offshore wind farms and the ecosystem through the use of scientific approach combined with new AI-based and CO2 minimizing monitoring technologies…
UK-based oil firm Serica Energy has slightly decreased its production forecast for 2024, following the outage at its Triton floating production, storage, and offloading (FPSO) unit in the North Sea.Serica Energy plc said the production via…
BP on Tuesday reported a 30% drop in third quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results.The drop in profit from a year earlier was, however, smaller than expected…
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