U.S. oilfield services and equipment firm Baker Hughes Co BKR.O on Wednesday reported a higher quarterly profit from a year earlier, but missed Wall Street estimates after facing a 'volatile market' in early 2022 that prompted mixed results across its reporting units…
Wood Plc said on Wednesday its Chief Executive Officer Robin Watson plans to retire and the British oilfield services and engineering firm also posted a drop in full-year revenue, sending its shares down as much as 6% in early trade.The London-listed company's revenue for the year ended Dec…
Asia's largest offshore jacket Haiji-1 was last week installed in the South China Sea by the Chinese offshore engineering and construction company COEEC.With a total height of 302 meters and 30,000 tons of weight exceeding the lifting capacity of the world's largest derrick barge…
Edward Heerema is founder and president of Allseas, which brought the world’s largest construction vessel, Pioneering Spirit, to the market. The company, which also brought innovation to the pipelay sector, has added its latest trick to Pioneering Spirit – its jacket lift system…
Dutch offshore installation company Heerema Marine Contractors has completed the lifting and installation of the three Tyra West wellhead and riser platforms, the utility- and living quarters, and two bridges at TotalEnergies' Tyra redevelopment project in the Danish North Sea…
Australian oil and gas company has hired engineering firm Wood for work on the Sangomar FPSO development, located 100km south of Dakar, Senegal.The Sangomar FPSO is designed for the processing of hydrocarbons and the storage of oil from Senegal's first offshore oil development…
Sif, a Dutch manufacturer of monopiles and transition pieces (TP) for offshore wind turbines, has signed an agreement with Pict Offshore to integrate their Get Up Safe (GUS) motion-compensated lifting system, as standard, into Sif's Skybox TP-less monopile foundation…
UK-based offshore wind technology supplier Osbit has said it has delivered a new monopile gripper system to Yunneng Wind Power Co. Ltd (Yunneng), a subsidiary of wpd offshore, which is building the Yunlin offshore wind farm in Taiwan.The system…
TotalEnergies Denmark has awarded IKM Testing AS a contract on the Tyra Redevelopment Project offshore Denmark. The award includes topside nitrogen helium leak testing and commissioning during the hook-up of seven new Tyra II platforms. In addition…
Inocean, a Norwegian subsidiary of Technip Energies, has received an Approval in Principle (AiP) and Basic Design Approval for DNV for its new INO12TM semisubmersible platform concept. An Approval in Principle (AiP) is an independent assessment of a concept within an agreed framework…
British oil major BP, the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) has awarded Genesis the NEP offshore FEED.In October 2021, the UK government selected the Northern Endurance Partnership’s…
Norwegian energy company Equinor has hired Technip Energies to carry out a Front-End Engineering Design (FEED) for the offshore floating wind Firefly project, located 70 kilometers offshore the East Coast of South Korea.The FEED contract covers the engineering…
XLCC, the new high-voltage direct current (HVDC), renewable energy focused business in the U.K., said it has completed the concept design for a new cable laying vessel for planned delivery in the first half of 2025.The newbuild is slated to support the Morocco – UK Power Project…
UK-based company Sparrows Group, a provider of engineering and maintenance services for the energy industry, said Wednesday it had secured a three-year crane operations and maintenance services contract offshore Luanda, Angola.The agreement…
Oilfield consultancy specialist Oil Plus Ltd a contract with a North Sea operator to develop and deliver a proactive topsides maintenance resilience and equipment reliability program, to help enhance operational efficiency on one of its platforms…