Dubai-based Vahana Marine Solutions DMCC's Vahana Aryan vessel has become the first jack-up unit to receive DNV’s Abate-Ready notation. According to DNV, the Abate notation is designed to assist the owners and operators of offshore units to…
Zephyrus Marine has signed a memorandum of understanding (MOU) with Japanese shipyard Mirai Ships to build the Zephyrus Zero Carbon Offshore wind service vessel. Ad Hoc Marine Designs Ltd. (Ad Hoc) will be providing the design for the zero-emission Crew Transfer Vessel (“CTV”)…
British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field…
India-based Larsen & Toubro said Wednesday that its hydrocarbon business L&T Energy Hydrocarbon (LTEH) had recently secured multiple offshore packages from 'a prestigious client in the Middle East.'The scope of work comprises engineering, procurement…
QatarEnergy has agreed with Shell to acquire a working interest in the C-10 block located offshore Mauritania.Upon the completion of the transaction, QatarEnergy will hold a 40% working interest in offshore block, Shell (the operator) will hold a 50% interest…
UK's Offshore Renewable Energy Catapult (ORE Catapult) said Tuesday that the biggest offshore wind ‘living lab’ in the world would be created off the Grimsby coast through the development of a 5G Testbed that includes Grimsby Port and the Lynn and Inner Dowsing wind farm…
Energy expert and assurance provider DNV has launched a joint industry project (JIP) alongside wind farm owners, turbine manufacturers, and other sector experts to increase confidence in innovative wind farm control (WFC) technology.According to DNV…
Turkey's Tersan Shipyard last week celebrated the steel cutting of NB1121, the second offshore wind farm support vessel being built for Acta Marine projects.The shipyard is building two DP2 construction service operation vessels (CSOV) powered with Methanol and MDO/HVO for the Dutch vessel owner…
UK-based offshore wind developer SSE Renewables and Asia Pacific-focused renewable energy developer Equis have formed a joint venture to bid for a feasibility license to develop, construct, own, and operate an offshore wind farm project in Australia…
Malaysian Prime Minister Anwar Ibrahim on Tuesday said Beijing had expressed concerns about energy activities by Malaysian state firm Petronas in the South China Sea, even though Kuala Lumpur believes the projects are in its territory.Anwar's…
Gazelle Wind Power, a Dublin-based company that develops foundations for floating offshore wind farms, has partnered up with renewable energy developer WAM Horizon to accelerate the development of a pilot plant using Gazelle’s floating wind platform in Aguçadoura…
Dutch crane maker KenzFigee has signed a contract with Aker Solutions to deliver an offshore pedestal crane for installation on ScottishPower Renewables' high-voltage, direct current (HVDC) converter station for the East Anglia THREE (EA3) offshore wind farm in the UK…
Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development…
Oslo-listed offshore oil and gas services company Archer has completed the acquisition of Baker Hughes' Coil Tubing and Pumping business in the UK.In February, the two companies signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom…
German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack…