Windthrust, a subsidiary of Australian-based, National Ports Corporation, has revealed plans for a 300 meters long, combined self-propelled floating port and installation vessel for foundations, wind turbines, and substation - named the Oceandock LX…
South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
Norway will offer oil firms exploration blocks in nine frontier areas in its latest licensing round, including eight regions of the Arctic Barents Sea and one in the Norwegian Sea, the Ministry of Petroleum and Energy and the Petroleum Directorate (NPD) said on Thursday…
Malaysian FPSO contractor Bumi Armada has declared a 'force majeure' event related to the FPSO contract it has with India's ONGC, citing the effects of the coronavirus pandemic on the FPSO construction schedule.ONGC, in a joint venture with Shapoorji Pallonji…
The Norwegian oil and gas safety body PSA Norway has found 'multiple complex' factors that led to a worker injury on Equinor's Oseberg B platform, off Norway, in April this year, when a worker fell from a height of 3.6 in an accident that could have been fatal…
Höegh LNG has entered into a binding commitment to supply H-Energy with an FSRU in Jaigarh, India from as early as the first quarter of 2021.Jaigarh is south of Mumbai in Maharashtra state, India. The final agreement will be for 10 years with annual termination options after year five…
The Trump administration's final sale of oil and gas leases in the Gulf of Mexico generated nearly $121 million in high bids on Wednesday, an improvement from the last government auction held just as the coronavirus pandemic was beginning to depress world demand for fuel…
SSE and Equinor, as developers of the giant Dogger Bank offshore wind farm project in the UK, have ordered monopiles and transition pieces for the Dogger Bank A & B phases. The monopiles and transition pieces will be built by the Sif-Smulders joint venture…
Offshore drilling contractor Transocean has secured contract extensions for two of its 2011-built drillships with Brazil's national oil company Petrobras.Transocean said Wednesday that Petrobras had exercised a 680-day option for the Deepwater Corcovado drillship…
Oil and gas firms in Norway have boosted investment plans in recent months as more exploration and development projects are prepared, and as some costs have increased, an industry survey by the statistics office (SSB) showed on Thursday.The investment forecast for 2021 has been raised by 12%…
The coronavirus pandemic has wiped 28,000 thousand oil and gas jobs in Australia this year, a quarter of the country's total oil and gas jobs count, Rystad Energy, a Norwegian energy market analytics company has found. 'Some of these jobs will be restored from 2021 onwards…
Edinburgh-based wave energy technology firm Mocean Energy has raised £850,000 (USD 1,1 million) to speed up the commercialization of its wave energy converter and deploy it to power subsea oil and gas equipment.The Scottish start-up has raised £612…
Oil companies have asked security services to tighten surveillance as violent anti-police brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters.Already unemployment…
The Trump administration on Wednesday will offer all available areas in the Gulf of Mexico for auction to oil and gas companies in its final offshore sale before the January inauguration of President-elect Joe Biden, a Democrat who has pledged to ban new drilling on federal lands and waters…
Offshore wind developer Ørsted has signed an agreement with North America’s Building Trades Unions (NABTU), the labor organization representing more than 3 million skilled craft professionals in the United States and Canada.'The partnership will create a national agreement designed to transition U…
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