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OPT Buys Autonomous Surface Vehicle Maker MAR

Nov 16, 2021

Wave energy solutions provider Ocean Power Technologies has acquired Marine Advanced Robotics, Inc. ('MAR'), a California-based developer and manufacturer of autonomous surface vehicles (ASVs). 'This acquisition immediately provides OPT with an established…

Hurricane Energy Says Talks with Bluewater Over FPSO Deal 'Positive'

Nov 16, 2021

Hurricane Energy, a UK-based oil firm producing oil from the Lancaster offshore field in the UK, has said it has had positive talks over the Aoka Mizu contract extension with owner Bluewater.Hurricane Energy, which started producing from the…

Ocean Winds, Principle Power in French Floating Wind Team-up

Nov 16, 2021

Ocean Winds, a partnership between ENGIE and EDP Renewables, and Principle Power, a designer of floating wind turbine foundations, will cooperate to design the floating platforms for France’s first commercial-scale floating wind tender.In September this year…

Germany Suspends Nord Stream 2 Certification, Sets Demands

Nov 16, 2021

Germany's energy regulator said on Tuesday it had suspended the certification process for the Nord Stream 2 pipeline to pump Russian gas and said the Swiss-based consortium needed to form a company under German law to secure an operating licence…

Solstad Offshore Sells Far Swan PSV

Nov 16, 2021

Solstad Offshore, a Norwegian offshore vessel owner, said Tuesday it had sold the platform supply vessel Far Swan.The company, which last year said it would trim its fleet to make it more competitive, with a plan to divest 37 vessels 'over a period of time…

James Fisher Wraps UXO Survey Phase 1 at Sofia Offshore Wind Farm Site

Nov 16, 2021

James Fisher Renewables (JF Renewables) has said it has completed the first part of a two-phase contract to investigate unexploded ordnance (UXO) and potential archaeological features ahead of the installation of export cables for RWE’s Sofia Offshore Wind Farm…

Philly Shipyard Nets First Contract in U.S. Offshore Wind Market

Nov 16, 2021

U.S. shipbuilder Philly Shipyard has won a contract from the dredging giant Great Lakes Dredge & Dock Company to build a Jones Act-compliant subsea rock installation vessel that will serve the growing U.S. offshore wind market.The contract award…

Red Sea Survey for PXGEO

Nov 16, 2021

Offshore seismic data acquisition services company PXGEO has said it has won a contract for a survey in the Red Sea, offshore Egypt.PXGEO said the project would start in November 2021. The project will take about four months to complete. The company…

Bahrain's Oil and Gas Authority to Transition to 'Energy Company'

Nov 16, 2021

Bahrain's National Oil and Gas Authority (NOGA) will transition into an energy company that will look at energy resources outside of fossil fuels, an official said on Tuesday.Bahrain's king issued a royal decree in September abolishing the National Oil and Gas Authority (NOGA)…

Bernhard Schulte Enters Saudi Offshore Market Through Rawabi Vallianz JV

Nov 16, 2021

Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the  ADIPEC Exhibition in Abu Dhabi…

Woodside CFO to Step Down in 2022

Nov 16, 2021

Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…

SeaBird Exploration Nets Source Vessel Contract LoI

Nov 16, 2021

Norway-based offshore survey company SeaBird Exploration has received a letter of intent for the provision of two source vessels for an ocean bottom node (OBN) project. The project will start in Q2 2022 and has an estimated duration of 100 days for a total of 200 vessel-days…

Westwood: How Maersk Drilling/Noble Rig Fleet Stacks Up Against Rivals

Nov 15, 2021

Offshore drilling companies Maersk Drilling and Noble Corp. last week announced they'd merge to form one of the world's largest offshore oil drilling rig companies. Westwood Energy's Terry Childs analyzes the proposed deal and how the combined…

Shell Shake-up Leaves Dutch Royally Hacked Off

Nov 15, 2021

Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…

Worley, Hexicon in Floating Wind Project Off Norway

Nov 15, 2021

Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…

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