The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International.The future of offshore deepwater investment is under the microscope…
The Norwegian offshore oil and gas safety body PSA Norway has launched a probe into another offshore incident and has warned that the coronavirus pandemic may have lead to a hike in the number of serious incidents, and a record number of PSA investigations - eleven so far this year…
ABB has won a contract to equip KNOT's shuttle tankers with battery technology and other electric solutions, with the aim of making the vessels fuel-efficient and reducing emissions. Once complete, the shuttle tankers will go on a charter with Norwegian oil company Var Energi…
Engineering services giant Wood has secured a contract to support Equinor's operations at the Mariner field in the UK Continental Shelf (UKCS).Under the three-year deal, Wood will deliver operations, maintenance, modifications, and offshore…
Blue Ocean Seismic Services, a company that describes itself as 'the marine seismic survey disruptor,' has secured a total of £10 million of Series A investment from bp Ventures, Woodside Energy, and Blue Ocean Monitoring.The company will use…
Jack-up drilling rig contractor Borr Drilling has appointed Christoph Bausch as its new Chief Financial Officer, replacing Francis Millet with effect from November 1, 2020.Previously, Bausch served as Executive Vice President and Chief Financial Officer of Weatherford…
The United States on Tuesday slammed Turkey's renewed push to send a vessel to carry out seismic surveys in the eastern Mediterranean, accusing Ankara of unilaterally stoking tensions and 'deliberately' complicating the resumption of talks with Greece…
Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.Armenia and Azerbaijan have been involved…
Dutch tidal power specialist Tocardo has agreed to buy the 1.25MW Oosterschelde Tidal Power Plant, dubbed the largest tidal array in the world. . The plant is installed on the Dutch Oosterscheldekering surge barrier.The Oosterschelde Tidal Power Plant consists of five T-2 tidal turbines…
Subsea services provider Oceaneering has been awarded a BOP tethering services contract offshore Brazil with the Brazilian oil firm Petrobras.The scope of work under the contract includes data acquisition and real-time riser analysis for dynamic…
Maritime classification and services company DNV GL led a pilot project with the Norwegian oil firm Aker BP to remotely inspect three offshore cranes on the Norwegian Continental Shelf.DNV GL performed remote safety inspections of one box boom…
A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023…
Eni has filed a request for arbitration against Nigeria at the World Bank's dispute settlement body and plans to argue that the country's failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement…
Dutch marine and offshore services contractor Van Oord has won a contract to design and carry out the removal of silt from the Averijhaven depot in IJmuiden, The Netherlands, creating space for what will eventually become an energy port for offshore wind…
Offshore geoscience and geotechnical engineering consultancy, Cathie and the British Geological Survey have won a contract with offshore wind developer SSE Renewables to develop a ground model for the FEED design of Berwick Bank and Marr Bank offshore wind farms in Scotland…