Offshore installation company Jan De Nul Group has secured a contract with Sumitomo Electric for the installation of two subsea HVDC cables and one fiber optic cable that will link the existing electricity grids in Ireland and the United Kingdom…
Shearwater GeoServices has said it has won a 3D geophysical survey with Eni with an option for a second survey, for a carbon storage project in Liverpool Bay, England.“We are delighted to conduct this survey work for Eni, advancing UK carbon storage by deploying towed streamer…
Dutch marine services and towage company KOTUG has agreed to buy offshore support vessel firm Seaways International, in what is the largest acquisition in KOTUG's history.KOTUG said the move, of an undisclosed value, was part of its strategy…
Danish offshore drilling company Maersk Drilling has won a contract extension for its ultra-deepwater semi-submersible rig Maersk Deliverer with Inpex in Australia.The extension, of an undisclosed value, is for drilling services at the Ichthys field in the Browse Basin offshore Western Australia…
Romanian Prime Minister Nicolae-Ionel Ciucă last Friday, with the other two leaders of the ruling coalition, Marcel Ciolacu and Kelemen Hunor, signed the Offshore Law, aimed at ensuring stability and legislative predictability for oil and gas…
Danish Offshore wind turbine installation firm Cadeler is set to start installing giant 11MW wind turbines at Vattenfall's Hollandse Kust Zuid (HKZ) offshore wind farm in the Dutch North Sea.Cadeler over the weekend said that the Wind Osprey…
Asia's largest offshore jacket Haiji-1 was last week installed in the South China Sea by the Chinese offshore engineering and construction company COEEC.With a total height of 302 meters and 30,000 tons of weight exceeding the lifting capacity of the world's largest derrick barge…
Oil and gas company Ping Petroleum's proposed development concept for the Avalon discovery in the UK Central North Sea, has received a letter of “no objection” from the North Sea Transition Authority (“NSTA”).The concept comprises a tie-back…
Oil and gas company Repsol Sinopec Resources UK Limited said Monday that owners of Golden Eagle, Piper, and Claymore fields, located in the North Sea northeast of Aberdeen, have executed new agreements reaffirming their commitment to export…
Singapore's Keppel Offshore & Marine has recently ordered the topsides turbomachinery package from Siemens Energy for the P-78 FPSO.The FPSO is owned and operated by Brazil-based Petrobras in partnership with Chinese CNOOC and CNODC and will operate in the Búzios Field of the Santos Basin…
Lime Petroleum, a subsidiary of Rex International has signed an agreement with MOL Norge, a Norwegian subsidiary of Hungarian oil company MOL, to acquire MOL's 40 percent interest in two licenses in the North Sea, offshore Norway.The licenses being acquired are the licenses PL820 S and PL 820 SB…
Tidal energy technology developer Minesto this week launched a plan for large-scale build-out of tidal energy arrays in the Faroe Islands.The plan includes four new verified sites that would supply 40% of the nation’s growing electricity consumption…
Greece could be sitting on tentative recoverable gas reserves of more than 600 billion cubic meters, a senior executive of its hydrocarbons commission said on Thursday, as Athens accelerates gas exploration to cut its reliance on Russian energy…
Marine Le Pen's plan to ban wind turbines is an 'aberration', Emmanuel Macron said on Thursday as France's presidential election campaign moved away from the two candidates accusing each other of being authoritarian to focus on concrete policies…
Flowserve Corporation has won a contract to provide control valves for a portion of Norway’s first cross-border and open-source carbon capture and storage facility. 'With an estimated 2024 completion, this facility will be the first of its kind…