Organizers of Subsea Expo, dubbed the world’s largest underwater engineering event, said Tuesday that the event will not be taking place this year, citing lockdown restrictions, rising infection cases, and new variants of the coronavirus in the UK…
Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Monday it has asked the Biden administration to restart its permitting process after former President Donald Trump's government abruptly canceled it last month…
Eco Atlantic, an oil company with offshore oil and gas acreage in Guyana and Namibia, said Tuesday it had formed a new solar energy-focused company Eco Atlantic Renewables, citing, in part, a lack of oil and gas acquisition opportunities.Formed with Nepcoe Capital Partners Ltd…
Premier Oil has completed a farm down of interest in the Tuna production sharing contract (PSC), offshore Indonesia to Russia's Zarubezhneft. The UK-based company that will soon merge with rival Chrysaor, said Tuesday the transaction completion came after receipt of Indonesian government approval…
Oil and gas drilling rig contractor ADES has secured a new contract for the Admarine 5 jack-up drilling rig in the Gulf of Suez, Egypt.'The contract, secured with a top-tier client, covers a firm six-month period with the option to extend for an additional six months…
The world’s first 100,000-ton deepwater semi-submersible production and storage platform, which is built to ABS Class, has been launched in China.China National Offshore Oil Corporation (CNOOC) will now begin installation and commissioning on the China-built platform - named “Deep Sea No…
Oil and gas producer Hess Corp on Monday forecast a small drop in output and set a $1.9 billion budget for 2021, most of which will go to Guyana, touted as one of the most important new oil and gas discoveries in the last decade.The company has been relying on its investment in offshore Guyana…
Belgium-based offshore installation firm DEME has installed the first wind turbine at RWE Renewables' 857MW Triton Knoll Offshore Wind Farm in the UK. DEME is responsible for the transportation and installation of the 90 MHI Vestas V164-9.5 MW turbines…
Acteon's pile-driving operating company, MENCK, has won a contract to support the Dutch offshore contractor Boskalis with the foundation piling activities on the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project. The project…
Offshore drilling contractor Stena Drilling has signed a drilling contract for its Stena Don semi-submersible drilling rig with the oilfield services giant Petrofac.Stena Drilling said in a social media post on Monday that the drilling operations were due to start in July…
Aberdeen-based subsea battery developer EC-OG has appointed Bob MacDonald, a former Wood Group man - now Wood - as Chairman.MacDonald previously served as Chief Executive Officer of the Specialist Technology Solutions (STS) business for energy services specialist Wood…
Oil and gas firm New Age has received formal approval to apply for a new exploitation agreement for its Etinde license offshore Cameroon.This would replace the existing Etinde Exploitation Agreement which came into force by Presidential decree in January 2015…
Nigeria's parliament will pass the long-delayed Petroleum Industry Bill by the second quarter of 2021, Senate President Ahmed Lawan said during a parliamentary session on Monday.The measure, which is 20 years in the making, underpins everything…
Dutch offshore services and subsea cable storage provider company Oceanteam has said it has secured an extension for a storage contract of 100+ kilometers of subsea cable with one of Europe’s biggest cable manufacturers.Oceanteam did not say who the client was…
Norway's Kongsberg Maritime has signed a Letter of Intent with Chinese shipbuilder Yantai CIMC Raffles Offshore to deliver a large technology package for the BT-220IU Wind Turbine Installation Unit.The offshore installation vessel BT-220IU is to be constructed for the Norway-based company OIM Wind…