Norway's Safe union and employers have agreed to end a labour dispute in the oil service industry which had disrupted offshore drilling operations and reduced the country's petroleum production, industry group Offshore Norway said on Tuesday…
James Fisher and Sons and Aquaterra Energy have formed a strategic global partnership to provide integrated offshore decommissioning services, combining front-end engineering, well access, subsea operations and offshore execution under a single delivery model…
Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…
Singapore-listed marine logistics company Marco Polo Marine's offshore wind division, PKR Offshore, has signed a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (CSOVs) for offshore wind projects in Asia…
Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…
Bernhard Schulte Offshore (BSO) has taken delivery of Windea Clarke, the fourth and final commissioning service operation vessel (CSOV) in its latest newbuild series, with the vessel set to enter a seasonal charter on a UK North Sea offshore wind project…
JERA Nex bp has completed the acquisition of Sumitomo Corporation’s stakes in the Northwester 2 and Nobelwind offshore wind farms, increasing its ownership of the two Belgian projects.The transaction raises JERA Nex bp’s ownership of the 219…
QatarEnergy, ExxonMobil and the Government of Cyprus have signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10 offshore Cyprus, marking a step forward in the development of the country's offshore gas resources…
Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a $3.7 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) to advance the development of an offshore…
SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international…
Equinor has decided to end its offshore wind business activities in Japan, where it has been since 2018 but has failed to win any leases in successive auctions, and close its Tokyo office by the end of 2026.Orsted, the world's largest offshore wind developer…
Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a USD$3.64 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) for the Steady Seas research program.…
After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…
Tampnet, the world’s largest offshore high-speed, high-capacity communications provider, has been selected by an international energy major to deliver advanced connectivity solutions to two development projects in the US Gulf.The projects in…