DEME has been awarded a contract, worth up to $52 million, for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany.The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support the handling of heavy-duty loads…
Scottish subsea specialist Sulmara has secured an $18.9 million investment from BGF, one of the largest growth capital investors in U.K. and Ireland, to support the expansion of its survey and inspection services in the offshore wind and energy markets…
Proserv and Verlume have signed a memorandum of understanding (MoU) to explore collaborative opportunities in the subsea power and renewable sectors and bring innovative technologies to the rapidly evolving clean energy market.Under the terms of the MoU…
The FBI has been investigating a longtime Exxon Mobil consultant over the contractor's alleged role in a hack-and-leak operation that targeted hundreds of the oil company’s biggest critics, according to three people familiar with the matter…
Norwegian offshore vessel owner Sea1 Offshore has secured contract extension from marine geophysical service provider PXGEO for its offshore subsea construction vessel (OSCV) Sea1 Spearfish.PXGEO exercised the option to extend the contract for…
Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded the research agreement to explore cyber-physical modelling capabilities for predicting the behavior of floating production storage and offloading (FPSO) platforms in high sea states…
Vestas has received a firm order for RWE’s 900 MW Nordseecluster B offshore wind project in Germany.The order includes 60 V236-15.0 MW wind turbines and Vestas is responsible for the supply, delivery, and commissioning of the turbines.Upon completion…
Brazilian oil and gas firm Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo)…
Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed the contracts for the acquisition of four new offshore exploration blocks.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720 square kilometers with a water depth ranging between 1…
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U…
Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from a ceasefire deal between Israel and Hezbollah.Brent crude futures fell 12 cents, or 0.2%, to $723.69 a barrel by 10:40 a…
Singapore-based shipbuilder Strategic Marine has signed a contract with South Korea’s Yeosu Ocean for the construction of a StratCat 27 crew transfer vessel (CTV) for the country’s growing offshore wind market.Designed by Strategic Marine’s partner BMT…
UK's Serica Energy said on Tuesday it expects full-year production to be lower than its previous forecast, following an outage at its Triton hub in the North Sea.Following the suspension of production at Triton on Oct. 26, there has been an…
The lower court at the European Court of Justice has dismissed an attempt by Russia's Nord Stream 2 to contest the EU's unbundling rules on gas transmission pipelines, the court said in a statement on Wednesday.In 2019, the EU amended its gas…
Korean Wind Energy Industry Association (KWEIA) and Norwegian Offshore Wind have signed a memorandum of understanding (MoU) to increase collaboration for the development of offshore wind.The MoU aims to get business going between offshore wind companies…