Ocean Challenger, the asset management company owned by the Chinese offshore rig builder CIMC, said Wednesday it 'has tied new knots' with the Italian energy services firm Saipem to deploy the 300-foot jack-up rig Gulf Driller IV in the Middle East…
Norwegian offshore support vessel operator Eidesvik Offshore posted what it said was the second consecutive quarter with a revenue level not seen since 2016.The company's revenue was NOK 190.4 million, an increase of 9% compared to Q3 2021. EBITDA increased by 12% to NOK 91 million vs NOK 81…
UK North Sea-focused oil and gas company Serica Energy has extended its contract with Odfjell Technology for the provision of storage, preservation, maintenance, and drilling services on the North Sea Bruce platform.Kurt Meinert Fjell, Odfjell Technology…
Offshore installation services firm Jan De Nul said Wednesday it had recently rescued 15 people drifting on a sloop in the Mediterranean Sea, offshore Algeria.'During a sea journey from Turkey to Belgium, Jan De Nul crew on board the offshore…
Tullow Oil narrowed its annual production forecast range and cut capital investment expenditure estimate on Wednesday, as the West Africa-focused oil producer attempts to bring down costs after two strategic wells returned disappointing results…
The Norwegian energy industry giant Equinor has awarded international engineering firm COWI a contract to serve as “Owner’s Engineer” for the Firefly floating wind project offshore Ulsan, South Korea. The Firefly project is located 70 km off…
Dutch offshore survey services firm Fugro has secured a contract with the Danish grid operator Energinet for geotechnical site investigations for the North Sea I offshore wind development.The Danish government plans to expand offshore wind capacity by 4GW by 2030…
Oil and gas company Neptune Energy said Wednesday it had found hydrocarbons in the Calypso exploration well in the Norwegian Sea. The well is located within the Neptune-operated PL938 license.'Having entered the reservoir, logs proved the presence of hydrocarbons…
The Norwegian offshore oil and gas safety regulator, Petroleum Safety Authority Norway (PSA), has launched an investigation into an incident involving serious personal injury on the Linus jack-up drilling rig on November 10, 2022.'An incident…
The European Union supports a call by India to phase down fossil fuel use as part of a COP27 deal, the bloc's climate policy chief Frans Timmermans said on Tuesday, provided it does not weaken previous agreements on reducing the use of coal…
Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry ministry said on Tuesday…
The UK North Sea still has a lot to offer when it comes to oil and gas reserves yet to be produced. However, unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalize oil and gas exploration activity…
The Norwegian oil and gas compan Equinor has recently obtained consent for extended operation of the Mikkel field offshore Norway.Under the consent, granted to Equinor by the Petroleum Safety Authority Norway (PSA), Equinor will continue operations at the Mikkel fielduntil 31 December 2039…
Italy-based Prysmian Group, which makes and installs energy and telecom cable systems, has secured a €60 million (~$62,5 million) contract for laying submarine cables for the already secured Project Lighting HVDC 320 kV interconnection project in the UAE…
Dutch engineering firm Huisman has won a contract by TOA Corporation and Obayashi in Japan for the delivery of an offshore wind monopile gripper. 'The gripper allows TOA and Obayashi to upend and install monopiles without using a separate upending bucket…
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