The Metals Company (TMC) said Wednesday it had collected an initial batch of seafloor polymetallic nodules, and transported them up a 4km-long riser system to the surface in the Clarion Clipperton Zone of the Pacific Ocean.TMC, the explorer…
Danish offshore wind installation company Cadeler said Wednesday it had secured a contract with an undisclosed client for its recently ordered hybrid F-class vessel that will keep the vessel busy from 2027 to 2030. 'If all options are called during the four-year agreement…
The Philippines is seeking to revive its moribund upstream oil industry with the redevelopment of an oil field that last produced in the early 1990s, as it hopes to wean itself off fuel imports, energy officials said on Wednesday. With the Southeast…
Danish offshore vessel services firm Maersk Supply Service has secured a contract to transport and install three 10MW wind turbines at the EFGL (Eoliennes Flottantes du Golfe du Lion) wind farm, a pilot floating offshore wind project in France…
Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710.58 million).The final price is at the top end of a price range announced last month…
David C. Hutchinson has been appointed Managing Director and UK Country Head of Semco Maritime, a Danish based engineering and contracting company focused on the energy sector.Hutchinson be based in Aberdeen and lead Semco Maritime’s growth ambitions for the UK operations…
Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billions of pounds for consumers.The 'Cost-Plus-Revenue Limit' forms part of a broader energy…
In a recent interview with Offshore Engineer TV, to be published in the September/October edition of Offshore Engineer, Carl Trowell, CEO, Acteon Group, discusses how his company is balancing the transition to 'new energy,' putting in perspective…
India is offering 26 oil and gas blocks and 16 coal bed methane blocks in its latest exploration licensing round, according to the country's upstream regulator, as the world's third largest oil consumer seeks to boost local output.'There is…
India maintains a 'healthy dialogue' with Russia and will look at what is offered following an announced ownership revamp to the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri told Reuters. Russia last week issued a…
A spokesperson for Russian energy giant Gazprom said on Monday that a mine destroyer discovered at the Nord Stream 1 offshore gas pipeline in 2015 belonged to NATO. Nord Stream reported on that date in 2015 that a 'munitions object' had been cleared by the Swedish armed forces…
Eneti's offshore installation services firm Seajacks International has recently completed the installation of all 33 wind turbines at the Akita & Noshiro offshore wind farm located off the Japanese Akita Prefecture coastline.The self-propelled jack up vessel…
Offshore drilling firm Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf.The contract value for the firm period, including mobilization revenue…
Energy intelligence group Westwood said Tuesday it saw skyrocketing offshore wind growth with 135 GW of new capacity on offer to developers, equivalent to nearly 2.5 times today’s 55 GW market.This is bolstered by new market expansion with over…
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from Shell in Malaysia for the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project. The project is located off the coast of Sarawak…