Huisman has signed a contract with Dong Fang Offshore (DFO) for the delivery of a modular cable lay system, specifically designed for deployment across range of vessels.Huisman’s 30mt cable lay system will be suitable for deployment for DFO’s…
Canadian exploration and production company Central European Petroleum (CEP) has made a significant oil discovery in its fully owned and operated Wolin East 1 (WE1) well, located in the Baltic Sea, offshore Poland.The WE1 well was drilled using…
Norwegian oil and gas company Pandion Energy has entered into an agreement to sell its participating interests in three assets comprising seven production licenses on the Norwegian Continental Shelf (NCS) to Inpex Idemitsu Norge, owned by Japan’s Inpex…
Eco Wave Power Global has signed an agreement with C&S Welding, a California-based industrial and maritime contractor, for the installation of its wave energy floaters and the company's energy conversion unit at the Port of Los Angeles.The agreement…
Bibby Marine has laid the keel for its 6,700GT electric Commissioning Service Operation Vessel (eCSOV) at the Armon Shipyard in Spain, marking the start of construction for the first of its kind hybrid-powered vessel that will operate on zero-emissions…
MMA Offshore has rebranded to Cyan Renewables following the acquisition, and opened a Melbourne office to support Australia’s offshore wind sector.The rebrand marks a pivotal step in aligning the business with Australia’s emerging offshore wind…
Singaporean shipbuilder Strategic Marine has delivered next-generation Crew Transfer Vessel (CTV) to new client Yeosu Ocean for offshore wind farm operations in South Korea.The 27-meter-long CTV is based on the StratCat 27 design, developed in close collaboration with BMT…
Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years.On Friday, the U.S. oil producer closed its $55-billion acquisition…
Top oilfield services firm SLB narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped offset drilling slowdown in North America, Mexico and Saudi Arabia.SLB…
Cadeler has taken delivery of its latest acquisition, a newly-constructed jack-up wind turbine installation vessel (WTIV) Wind Keeper, securing also a long-term contract for its maiden job with Vestas.Cadeler announced its agreement to purchase…
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading…
Skyborn Renewables has confirmed the execution of the Turbine Supply Agreement (TSA) and the Offshore Long Term Program Service Agreement (LTPSA) with Siemens Gamesa for the provision of 63 SG 14-23 wind turbines and their long term service for the Gennaker offshore wind farm in Germany…
Cierco Energy and Marine Power Systems (MPS) have signed a memorandum of understanding (MoU) as a first step towards the deployment of MPS’ PelaFlex technology in one of the Llŷr Test and demonstration projects in the Celtic Sea.The MoU formalizes the strategic partnership…
Swedish wave energy firm CorPower Ocean has secured two new strategic investors - Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT…
Gazelle Wind Power, a Dublin-based floating wind developer, has secured $1.7 million investment through strategic agreement with dstgroup, a Portuguese conglomerate, aimed at advancing floating wind technology and Nau Azul demonstration project off Portugal…