Norwegian offshore vessel operator GC Rieber Shipping is reducing its ownership in the seismic acquisition giant Shearwater GeoServices.GC Rieber said Thursday it had agreed to sell shares in Shearwater decreasing its ownership from 17.0% to 8…
A United Nations human rights investigator called on countries on Wednesday to impose economic sanctions on Myanmar's oil and gas sector to cripple the junta that took power five months ago.Myanmar has been in crisis since the military ousted Aung San Suu Kyi's elected government on Feb…
UK-based unmanned surface vessel developer SEA-KIT has said it has been awarded the first-ever Unmanned Marine Systems (UMS) certificate by Lloyd’s Register for its USV built for Fugro.'SEA-KIT has worked closely with Lloyd’s Register since…
Ocean Winds, a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE, and Aker Offshore Wind, an Aker Solutions spinoff, have partnered up to develop floating offshore wind generation sites in Scotland.The two firms have paired up to bid in the ScotWind leasing round…
Dutch offshore access solutions provider Ampelmann has launched an electric version of its A-type walk-to-work gangway system. According to Ampelmann, the latest version of the A-type has seen its traditional hydraulic power train replaced by electric regenerative actuation…
Offshore wind development firm Ørsted has teamed up with onshore wind community engagement firm Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round in Scotland-'The consortium is…
Seismic services company SeaBird Exploration has signed a letter of intent for a source vessel contract with an unnamed 'leading operator.'The company did not say where the vessel would be deployed exactly apart from saying it would be in the Western Hemisphere…
Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of power by 2030, its Energy and Environment Ministry said on Wednesday.As part of a global shift away from carbon-emitting fossil fuels…
Offshore drilling firm Valaris has won a contract extension with Aramco in Saudi Arabia for one of its standard-duty modern jackup drilling rigs.The Saudi national oil company has elected to extend the charter of the VALARIS JU-140 jack-up by 183 days…
Argentina's government has launched a process to sanction a number of foreign firms it accuses of illegally drilling for oil in a disputed area near the British-run Falkland Islands, over which the South American country also claims sovereignty…
World's largest offshore wind developer Ørsted has submitted a bid to the Maryland authorities to develop Skipjack Wind 2, a proposed offshore wind project of up to 760 MW. The bid is in response to the Maryland Public Service Commission’s call for proposals for Round 2 offshore wind projects…
Norway will allocate 10 billion crowns ($1.16 billion) over five years towards renewable energy investments in developing countries to cut greenhouse gas emissions, the government said on Wednesday and urged private investors to work with it…
The cost of oil and gas decommissioning in the UK has decreased for the fourth year in a row since the cost was first estimated in 2017, when the Oil and Gas Authority set a target of a 35 percent cost reduction, with the goal of reducing the…
Brazilian offshore drilling contractor Constellation has signed a long-term offshore drilling contract with Petrobras.The contract is for Constellation's Laguna Star drillship. The drillship will begin its 1,095-day charter offshore Brazil in January 2022…
Two offshore wind manufacturers will invest more than 180 million pounds ($249 million) in an offshore wind hub on the northeast coast of England, and get funding from a state-backed scheme, the British government said on Wednesday.In March…