Pipeline Technique (PTL), a provider of welding and coating solutions to the global onshore and offshore energy sectors, has entered into a long-term agreement with Subsea 7 for the provision of welding and coating services. PTL will provide Subsea 7 with access to both specialists and equipment…
Norwegian offshore vessel owner Siem Offshore has secured a 4-6 month contract starting in the second quarter with BP in Canada. The battery hybrid PSV Siem Symphony will mobilize to Canada for the contract. Siem Symphony was last in Canada in 2019…
The German navy is helping Norway to protect critical maritime infrastructure such as oil rigs, undersea cables, and pipelines, and is ready to do the same off the Danish and Swedish coasts, its head said on Thursday. Bordering Russia in the north…
UK's government is considering a plan to extend windfall taxes on oil and gas companies' profits, a government source said on Thursday, confirming a report in The Times which said the rate could be increased from 25% to 30% until 2028. The source…
Offshore carbon capture and storage (CCS) projects in the US Gulf of Mexico could play an influential role in the country's goal of reducing greenhouse gas emissions, the energy intelligence group Wood Mackenzie said Thursday.According to Woodmac…
Qatari national oil and gas company QatarEnergy said Thursday that it had, with its partner ExxonMobil, placed a successful bid for Parcel 8 of the Orphan Basin, offshore the province of Newfoundland and Labrador in Canada.The Parcel 8 winning…
GMS, a UAE-based owner of self-propelled, self-elevating support vessels serving the offshore oil, gas, and renewables industries, has secured two new contracts and a contract extension. One of the new contracts is for a large-class vessel, while the other is for a small-class vessel…
COPENHAGEN, Nov 3 (Reuters) - Danish energy firm Ørsted on Thursday lifted its profit outlook for the year on the back of high power prices, while third-quarter core earnings slightly lagged expectations on the back of soft performance in its key offshore unit…
More than 60% of the Port of Aberdeen's £400 million South Harbour development is now operational, marking the project's penultimate construction milestone, the port said in a statement on Thursday.The handover from construction to operations for Dunnottar…
Harbour Energy on Thursday forecast liabilities from the UK's windfall tax on energy companies to be about $400 million this year, and urged the government to 'carefully consider' the consequences of any increase or extension to the scheme. The…
U.S. oil major ExxonMobil has chartered the Subsea Support Vessel (SSV) Maersk Nomad for a minimum one-year contract, supporting its field development activities offshore Guyana.Maersk Nomad will be operating with two ROVs onboard, providing…
UK-based workers' union Unite the union said Thursday it had served notice on Petrofac for members on the Repsol offshore platforms and terminal for an industrial action that will take place on November 16 and 17.'The industrial action will…
Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day.The total contract value for the firm part of the deal is around $327 million, inclusive of additional services…
North Sea oil and gas producer Hurricane Energy launched a formal sale process after receiving an unsolicited offer from an unnamed bidder which its board considers too low, it said on Wednesday.Last year, Hurricane effectively gave control…
Offshore Engineer is at the ADIPEC show in Abu Dhabi this week, where we interviewed Ahmad El-Dandachi, Enterprise Channel Lead for Microsoft in the UAE on Microsoft's role in the offshore oil and gas and renewables sectors.OE: Microsoft is…