Subsea technology company Soil Machine Dynamics (SMD) has closed the first sale of its compact workclass electric ROV, the Atom EV, to Greece’s Hellenic Centre for Marine Research (HCMR), a public center undertaking marine research in the Eastern Mediterranean…
Inch Cape Offshore Limited, developer of the Inch Cape Offshore Wind Farm, has signed a long-term route-to-market power purchase agreement (PPA) with SSE Energy Markets.SSE Energy Markets will offtake 50% of the wind farm’s electricity output…
Equinor, the operator of the Johan Castberg field, has anchored the floating production, storage and offloading vessel (FPSO) unit at the field in in the Barents Sea, which is expected to start producing at the end of 2024.The hook-up of the FPSO to the subsea facilities…
Equinor and its partners have made an oil and gas discovery on the Gudrun field in the North Sea, offshore Norway, using Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The discovery was made in wildcat wells 15/3-13 S and 15/3-13 A…
The U.S. Interior Department on Monday announced an offshore wind energy lease sale on Oct. 29 for eight areas on the Outer Continental Shelf off Massachusetts, New Hampshire and Maine.If fully developed, these areas have a potential capacity of about 13 gigawatts of clean offshore wind energy…
A ruling from a Colombian court that ordered the suspension of work at a major offshore natural gas well is a threat to the country's energy security, industry groups the Colombian Petroleum Association (ACP) and Naturgas said on Monday.In a court order dated Sept…
Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, has submitted the offshore scoping report for its Bowdun offshore wind farm to the Scottish Government.The report provides information on the proposed offshore…
Strategic Marine, in collaboration with Centus Marine, has unveiled Malaysia’s first hybrid Fast Crew Boat (FCB).The vessel is equipped with the latest hybrid technology and gyro-stabilization, marking a significant advancement in the region’s maritime industry…
French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry.The acquisition price is $17…
Following the capacity reservation agreement signed in November 2023, French cable maker Nexans has signed an agreement with SSEN Transmission to produce and install the cable that will connect Orkney Isles with the U.K. mainland.The contract…
BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…
High-technology offshore wind companies Rovco and Vaarst have entered into merger, creating a new brand Beam to boost their offshore wind services.In uniting their capabilities across research, development, and deployment, Beam will provide…
Italian offshore energy services firm Saipem has secured contract extension with Aker BP for its Scarabeo 8 semi-submersible drilling rig, in operation offshore Norway.The contract for Saipem’s Scarabeo 8 for has been extended until the end of 2026…
UAE-based offshore drilling firm Shelf Drilling (SHLF) has initiated a business consolidation plan via triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS), as the surviving entity in the proposed merger…
Italian offshore energy services firm Saipem has secured $4 billion engineering, procurement, and construction (EPC) contract from QatarEnergy LNG for work at a project aimed at sustaining the production of the North Field natural gas reservoir offshore Qatar…