Triumph Subsea Services has signed a letter of intent with Infrastrata for the construction of offshore wind farm development vessels at Infrastrata's Harland & Wolff Shipyard in Belfast, Northern Ireland.The letter of intent envisions the construction…
Dutch marine contractor Boskalis has started towing a giant floating wind turbine to a site offshore Scotland, where it will be installed as part of Grupo Cobra's Kincardine floating wind farm project.'Yesterday, the tow-out of the impressive…
French oil major Total in October struck its second significant discovery offshore South Africa, at the Luiperd-1X well.Luiperd well was drilled to a total depth of about 3,400 meters and encountered 73 meters of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs…
Italian oil giant Eni, and oilfield services provider Saipem, both working to diversify their businesses traditionally heavily linked to the oil and gas industry, have signed a deal to work together on the identification and engineering of decarbonization initiatives and projects in Italy…
Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…
Brazilian oil and gas company Petrobras has awarded a contract for DOF Group's AHTS vessel Skandi Rio.DOF said Thursday that the vessel would support Petrobras' exploration and production activities on the Brazilian continental shelf. The vessel…
Danish drilling contractor Maersk Drilling on Wednesday said its Board of Directors had appointed Christine Morris as the new Chief Financial Officer (“CFO”) and member of the Executive Management with effect from January 5, 2021. Morris' appointment…
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…
The global pandemic has led to a drop in the global demand for offshore helicopter transport services, Rystad Energy said this week, however, adding that an improvement is expected in 2021.Per Rystad, a Norway based energy market intelligence company…
Heerema Marine Contractors' two giant semi-submersible crane vessels Sleipnir and Thialf last weekend met in the Port of Rotterdam for the first time, and HMC and the Port of Rotterdam Authority shared the photos of the meet-up.On Saturday, 5 December…
Following a record-breaking hurricane season in the U.S. Gulf of Mexico, with several production shut-downs across the region, oil and gas firm W&T Offshore on Tuesday increased its oil output forecast for the fourth quarter of 2020.The company…
Offshore helicopter operator CHC has won a three-year contract with the Norwegian oil firm Equinor to provide personnel transportation services from Stavanger airport, Sola with two helicopters. Also, Equinor and Vår Energi have agreed to share capacity on one of the helicopters…
The U.S. oilfield services sector lost 91,680 jobs due to pandemic-related oil demand destruction, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA) on Tuesday.Demand for drilling…
Mitsubishi Heavy Industries (MHI) is not in discussions to gauge Siemens Energy's interest to sell all or parts of wind turbine maker Siemens Gamesa, the group said on Tuesday.Spanish newspaper Expansion a day earlier had cited financial sources…
Motive Offshore, a UK-based marine equipment provider has acquired subsea equipment experts, Flowline Specialists, for an undisclosed sum.Motive, based in Boyndie, Banff, Scotland, said that the deal is the latest development in Motive’s growth trajectory…