New York-listed offshore vessel operator SEACOR Marine has agreed to sell its Windcat Workboats and its crew transfer vessel (“CTV”) business to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat Workboats owns and operates a fleet of 46 offshore crew transfer vessels…
India's Reliance Industries and the British oil major BP on Friday announced the startup of production from ultra-deepwater gas field R Cluster in block KG D6 off the east coast of India. RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster…
Oslo-listed marine seismic company Polarcus has signed a memorandum of agreement with Sovcomflot for the use of one of its survey vessels on a project in the Far East.The company said Friday the contract was signed with SCF GEO, a Sovcomflot Group firm…
Denmark-based clean-tech company Floating Power Plant (FPP) said Friday it was building what it said was 'the biggest wave energy PTO (Power Take-off) test bench in the world.'The company is collaborating with Fritz Schur Energy, Seasystems…
Norwegian oil and gas company Aker BP has decided to develop the Gråsel (Gray Seal) discovery in the Norwegian Sea. Aker BP, with its Skarv field partners Equinor, Wintershall Dea and PGNiG approved the final investment decision for the Gråsel development on December 17…
GE Renewable Energy has been confirmed as the preferred turbine supplier for Dogger Bank C offshore wind farm in the UK.The 1.2 GW third phase of the 3.6 GW Dogger Bank wind farm owned by Equinor and SSE will become the world’s largest offshore wind farm when complete in 2026…
UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…
Just hours after announcing three contracts for its platform suppliers in the North Sea and Suriname, Norwegian offshore vessel operator Solstad Offshore released a separate statement on Thursday, announcing charters for three construction vessels…
Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…
UK-based Ineos, one of the world's largest chemical producers, has struck a ten-year power purchase deal in Belgium with RWE Supply & Trading. Electricity will come from an offshore wind farm.,Starting from 2021, Ineos will buy 198 gigawatt-hours of green electricity per year from RWE…
Southeast Asia-focused oil company KrisEnergy has yet again extended the long-stop date for the completion of the sale of its interest in the Vietnam Block 115/09.KrisEnergy first announced it had agreed to sell the offshore block to an unnamed…
Danish drilling contractor Maersk Drilling's Maersk Intrepid jack-up drilling unit, recently converted to a hybrid, low-emission rig, has in its first month of operation since the upgrade, seen its CO2 emissions drop by 25%, and NOx by 95%, according to the rig owner…
Dutch offshore installation services company Heerema Marine Contractors has, using its heavy lift vessel Aegir, transported and installed the 1650 metric ton water handling module for client TechnipFMC on the Woodside-operated Pluto Alpha offshore platform in Australia…
Energean, an oil and gas company focused on developing its Karish gas field offshore Israel, has signed agreements to sell more gas from the project.The company said Thursday its 70 percent-owned subsidiary Energean Israel had entered into a…
Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizons PCC Ltd.The offer values Far at 2.1 Australian cents per share, representing a premium of 90…