Eni and Argentina's energy company YPF have signed an agreement for the Argentina LNG (ARGLNG) project.The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production…
Brazil's Brava Energia signed a $65 million deal to sell a 50% stake in midstream natural gas infrastructure assets in the state of Rio Grande do Norte to PetroReconcavo, the companies said in separate filings.The assets include two natural gas processing units…
France's first floating wind farm, the 25 MW Provence Grand Large, located in the Gulf of Fos in the Mediterranean Sea.The Provence Grand Large wind farm is a pilot project with three floating wind turbines installed 17 km off the coast of Port-Saint-Louis-du-Rhône…
Van Wijngaarden Marine Services has signed a Letter of Intent (LOI) with Kooiman Marine Group for the design and construction of a next-generation DP2 multi-purpose vessel (MPV).The 4716 MPV will incorporate the latest in IMO Tier III emissions and ULEV (Ultra Low Emission Vessel) compliance…
SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol.SBM Offshore’s exit from Equatorial…
For more than two decades, VideoRay has been known for building compact, capable ROV systems trusted across industries. Now, with AV behind us, we’re expanding that legacy—bringing more innovation, investment, and support to customers around the world…
Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore.Kongsberg Maritime and…
American Offshore Services (A-O-S) announced the delivery of M/V Gamekeeper, the fourth addition to the growing G-Class fleet. The vessel has been delivered from the shipyard and is now operational, ready to support projects along the U.S. East Coast…
Huisman has secured a contract for the delivery of two Knuckle Boom Cranes, which will be installed on the new Olympic Group’s subsea construction vessels.The two 250 mt cranes will be installed on UT 7623 SEV series of Olymipic’s vessels.The…
Singaporean shipbuilder Strategic Marine has delivered two new Crew Transfer Vessels (CTVs) to Louis Dreyfus Armateurs (LDA), expanding its high-specification offshore wind support fleet.The newly delivered StratCat 27 vessels, sister ships to Acti’Vent and Esti’Vent…
Gazelle Wind Power, a Dublin-based floating wind developer, has closed a $2.26 million (€2 million) investment with Banco Português de Fomento (BPF) to support further development of its floating wind technology and projects.The investment with…
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…
The Agogo floating production, storage and offloading (FPSO) unit has reached Angola ahead off installation at Azule Energy’s offshore field.The trans-oceanic towing operation from China to Angola was conducted by PACC Offshore Services Holdings (POSH)…
OEG has secured a three-year contract with an international oil major to supply logistics equipment for its operations in North America. The agreement includes optional extensions for up to five years, OEG said.OEG will provide its cargo carrying units (CCUs)…
McDermott has published its 2024 Sustainability Report, highlighting increased renewable energy source to 80% of grid electricity demand across its operations.The company also achieved a 35% reduction in carbon intensity and ISO 50001 energy management certification at four major fabrication yards…