Singapore-based shipbuilding company Strategic Marine has delivered two crew transfer vessels (CTVs) to the UK-based offshore support vessel company WEM Marine Ltd. The new 27m vessels, built to the Stratcat 26 design, are the very first CTVs…
U.S. Gulf of Mexico focused oil and gas W&T Offshore on Monday announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer.Tracy W. Krohn, W&T’s Chairman and CEO, stated, “William has been important…
Oil and gas company Eco Atlantic has agreed to acquire 100% of Toronto-based JHI Associates Inc. ('JHI'), including JHI's 17.5% stake in the Canje Block offshore Guyana.The Canje Block, offshore Guyana, is directly adjacent to the prolific Stabroek…
Norwegian offshore vessel operator Golden Energy Offshore Services has secured a term contract for the Energy Scout platform supply vessel.According to the company, the reactivation process has started as the vessel has been in warm lay-up for 16 months…
UK North Sea-focused oil and gas company IOG said Monday that first gas has started flowing from Phase 1 of its Saturn Banks Project, with the start-up of production from the Blythe field on Sunday. Phase 1 covers the production from Blythe…
Aker Offshore Wind and Mainstream Renewable Power have closed the transaction which will see them take an initial 50 percent ownership stake in Progression Energy's 800 MW floating offshore wind project in Japan.The news comes after the two…
UK-based oil and gas firm IOG said Friday it had struck a new gas sales agreement ('GSA') with BP Gas Marketing Limited ('BPGM'), for the gas to be produced from its gas fields in the southern North Sea, offshore the UK.The deal covers its equity…
Swedish company OX2 has applied for a Natura 2000 permit for an offshore wind farm in the Swedish Exclusive Economic Zone between the islands of Gotland and Öland.The name of the wind farm is Aurora. The wind farm is expected to be located 20…
The International Marine Contractors Association has suspended its Russian members from the association over Russia's invasion of Ukraine.IMCA CEO Allen Leatt said: 'We are all deeply saddened at IMCA by the events unfolding in Ukraine and the…
Norwegian offshore installation services firm Havfram has extended the contract for Solstad Offshore's construction support vessel Normand Vision.Skudeneshavn, Norway-based Solstad Offshore said Friday that Havfram, formerly known as Ocean Installer…
Malaysian oil and gas company Petronas Carigali, a subsidiary of Petronas, has awarded a two-year contract to Velesto Energy's subsidiary Velesto Drilling for the provision of jack-up drilling rigs.The contract, which covers a suite of Velesto's NAGA jack-up rigs…
Norwegian oil and gas company OKEA has awarded Aker Solutions a seven-year extension to their existing maintenance and modifications frame agreement, covering work on all installations offshore Norway operated by OKEA.Aker Solutions said that the contract was a substantial one…
Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…
Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…
Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executive Anders Opedal said on Thursday.A growing energy crisis from buyers steering clear…