The U.S. energy sector lost 10% of its workforce last year due to the effects of the coronavirus pandemic, according to a report unveiled on Monday by U.S. government officials, who said President Joe Biden's clean energy plan was critical to reviving the industry…
Energy firm Kistos has informed that Borr Drilling's Prospector-1 jack-up drilling rig has arrived on location at the Q10-A field in the Dutch North Sea, marking the start of the company's 2021 drilling campaign.Kistos got hold of the Q10-A…
UK-focused offshore wind vessel operator North Star Renewables said Tuesday it would order the world’s first hybrid daughter craft vessels to support the offshore wind market.The company, established earlier this year as an offshore wind-focused business of the ERRV-firm North Star…
South Korean shipbuilder Samsung Heavy Industries is joining the offshore wind industry through the development of an independent offshore wind floater model able to operate in extreme marine environments.The company said Monday it had received Approval in Principle (AiP) for its 9…
Oil Search rejected an unsolicited takeover proposal from Santos Ltd that valued the Papua New Guinea-focused oil and gas producer at A$8.8 billion ($6.5 billion), the two companies said on Tuesday.Oil Search said the offer was not in the best interests of shareholders…
Russian pipe-laying vessel Akademik Cherskiy will move to German waters to build a 2.6 km (1.6 miles) stretch of the Nord Stream 2 pipeline, the pipeline operator said on Monday.The vessel had previously been in Danish waters.(Reporting by Oksana Kobzeva and Anton Kolodyazhnyy…
Magnora Offshore Wind, a joint venture between Magnora and TechnipFMC, has filed bids for two seabed areas off Scotland, as part of the ScotWind seabed leasing round, which closed for applications on Friday, July 16.Magnora, an Oslo-listed company…
Oil prices fell sharply on Monday after OPEC+ overcame internal divisions and agreed to boost output, sparking concerns about a crude surplus as COVID-19 infections rise in many countries.Brent crude was down $1.92, or 2.6%, at $71.67 a barrel by 1105 GMT…
Oilfield services firm Petrofac said Monday it has with the help of digitalization, and in cooperation with James Fisher Asset Information Services (JF AIS), managed to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost…
Norwegian seismic data firm PGS has completed the sale of the hardware, software, and intellectual property associated with the company’s towed streamer Controlled Source Electro-Magnetic (“CSEM”) system to Canada's Ocean Floor Geophysics, Inc (“OFG”)…
Oil Search Managing Director Keiran Wulff has resigned 17 months after taking charge over a long-term medical condition that the Papua New Guinea-focused company said had recently deteriorated.The board had been in discussions with Wulff over complaints about his behavior…
Norwegian offshore vessel owner Eidesvik Offshore has won a contract with offshore installation firm Havfram for its construction support vessel Viking Neptun. The contract will start in early January 2022 with a firm period towards the end of the third quarter of 2022…
Offshore engineering and construction firm Aker Solutions, said Monday it had signed a major contract with an undisclosed client to provide the HVDC (high-voltage, direct current) transmission system for a large offshore wind project.Aker Solutions defines a major contract as being NOK 3…
Italian oilfield and renewables services provider Saipem on Monday launched a technological solution for the offshore production of green hydrogen and the conversion of oil & gas facilities called SUISO.'SUISO combines various renewable energy sources such as floating wind…
Norwegian energy firm Equinor on Monday confirmed it had filed a bid for floating offshore wind in ScotWind, the competitive tender offshore wind seabed leasing round being undertaken by Crown Estate Scotland. The deadline for applications ended Friday…