Italian offshore engineering and construction company Saipem said Friday it had won two offshore contracts worth $900 million in total.First, together with Aker Solutions, Saipem won a contract with the French oil major TotalEnergies in Brazil…
TotalEnergies has decided to drill the 'highly prospective' Benriach well in the Laggan Tormore area, west of Shetland, UK.The news was shared by TotalEnergies partner Kistos, which last year acquired a 20% stake in the Greater Laggan Area producing offshore gas fields…
Offshore installation company Jan De Nul said Thursday that Les Alizés, its next-generation heavy lift vessel, had sailed away from the CMHI Haimen Shipyard in China and is currently heading for Europe.The vessel was delivered by the shipyard on January 16 and departed Thursday…
Taiya Renewable Energy (TRE), an offshore wind power developer in Taiwan, said Thursday it would bid for the second phase of wind power zonal development and floating demonstration project in 2023.Taiya has invited local and foreign investors…
The Crown Estate, responsible for the seabed around England, Wales, and Northern Ireland, has signed agreements for lease for six offshore wind projects with companies involving TotalEnergies, BP, RWE, Corio Generation, EnBW, Cobra IS, and Flotation Energy…
The UK defense ministry has acquired a subsea construction vessel that used to work in the offshore energy industry. The vessel, Topaz Tangaroa, will undergo a period of military modification and will be used to protect subsea cables and oil and gas pipelines…
International Energy Agency (IEA) head Fatih Birol said on Thursday that energy markets could be tighter in 2023, adding he hoped prices would not rise further in order to ease the pressure on energy-importing developing countries.'I wouldn't be too relaxed about the markets…
South Korea's Samsung Heavy Industries said Wednesday it had signed a memorandum of understanding with Malaysia's MISC to jointly develop floating CO2 storage units.The Floating CO2 Storage Unit (FCSU) is a new concept of offshore unit that…
Höegh LNG said Thursday it had signed a binding 10-year charter with the German government for the supply of the floating storage and regasification unit (FSRU) Hoegh Gannet.The FSRU vessel will be based at the Deutsche Energy Terminal GmbH-run Elbehafen LNG project in Brunsbüttel…
Eolus and PNE have created a joint venture to develop the Kurzéme offshore wind project in Latvia. The wind farm will have a capacity of around 1 GW and is planned to start commercial operation before 2030.The project area is located in the Baltic Sea…
The steel cutting ceremony of the first of two next-generation Methanol MDO/HVO-powered DP2 Construction Service Operating Vessels for Acta Marine was held on January 18, 2023, at Tersan in Turkey. The SX216 design of the vessel has been developed…
Offshore Energies UK, a body representing the UK's offshore energy industry, has called for the government to help rebuild investment confidence following tax hikes that have forced the UK's biggest oil and gas producer in the North Sea, to start planning job cuts…
Offshore construction company Havfram Subsea said Thursday it was taking back its Ocean Installer name.The company's subsea business was known as Ocean Installer from the company's inception in 2011, with the 2020 name change reflecting its diversification into the offshore wind industry…
The British North Sea's biggest oil and gas producer Harbour Energy told its staff that it plans job cuts in the wake of a windfall tax imposed on the sector last year, the company said on Wednesday.The jobs would be cut in Harbour Energy's headquarters in the North Sea hub of Aberdeen…
Following the news on Wednesday that Crest Wind, a joint venture between Crowley and ESVAGT, is set to build a service operation vessel for operations in the U.S. offshore wind sector, the partners have now selected a shipbuilder for the SOV construction…