Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion (around $272,25 million) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.The contracts were signed…
The British government should introduce a price floor to mitigate the impact of its new windfall tax on the sector as some companies struggle with reduced access to funding, executives and industry sources say. They say the brake on capital…
Shipbuilder VARD has received 4,95 million Norwegian crowns (currently around $2,66 million) from the Norwegian Research Council to research the possibility of digitalized heating, ventilation, and air conditioning (HVAC) systems. These systems…
North Sea producers BP, Equinor, and Ithaca Energy on Tuesday signed an agreement to study the electrification of oil and gas offshore production facilities in the West of Shetland area. The initiative focuses on three of the North Sea's largest fields - the BP-operated Clair field…
UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning…
Israel-based oil and gas exploration and production company NewMed (ex-Delek Drilling) said Tuesday it had signed agreements to explore for hydrocarbons offshore Morocco.NewMed and Adarco signed agreements for oil and gas exploration and production…
Oil and gas company Perenco has said it has discovered oil in the Tchibeli North East pre-salt Vandji exploration prospect on the Perenco-operated PNGF Sud license, offshore Congo.Perenco said that good oil and gas shows were recorded on entry into the reservoir…
The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean.The auction is a major milestone in the Biden…
Norwegian maritime technology and equipment specialist Kongsberg Maritime AS will provide technology and engineering for a second F-class wind turbine and foundation installation vessel (WTFIV) recently ordered by the Danish offshore wind installation firm Cadeler…
Ocean Infinity, a seabed survey and ocean research company based in the United States, said Tuesday that two of its new vessels, part of the Armada USV fleet, had set sail from Vietnam.'We're officially the proud owner of not just one but two brand new ships…
The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for Verdande offshore development in the Norwegian Sea to the Ministry of Petroleum and Energy.According to Equinor, the subsea development secures important oil volumes for the Norne production vessel…
Marco Polo Marine, a Singapore-listed offshore vessel company, is looking to enter the Japanese offshore wind market and has signed a memorandum of understanding with 'K' Line Wind Service in that regard.Both parties, according to Marco Polo Marine…
UK-based offshore vessel operator North Star has secured a £140 million (currently around $171 million) financing package.The company, building a fleet of service operation vessels for offshore wind operations, said Tuesday it would use the…
The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding.The Nordic country, a major producer of oil and gas as well as hydropower…
Foss Maritime has reached a deal to bareboat charter the tug Earl W Redd from Tug Construction, LLC for use in the U.S. offshore wind industry.The Earl W Redd will sail from Portland, Ore. to Massachusetts later this month to begin work on Foss 's offshore wind projects…