Mubadala Energy would be more than happy to supply all the natural gas to be produced from its south Andaman block for Indonesia's domestic consumption at the right price, a senior executive said on Wednesday.Indonesia wants gas producers to increase supplies to domestic users as demand is rising…
Since it was founded in 2012, the Kraken Robotics story has been one of continual growth, both organically and via acquisition. A core premise of its business are enabling everyone, from subsea defense to commercial companies to explorers, to…
Karoon Energy's wholly owned Brazilian subsidiary, Karoon Petróleo & Gás, has completed the acquisition of the Cidade de Itajaí floating production, storage and offloading vessel (FPSO), operating at Baúna field, offshore Brazil.The FPSO was acquired from Altera & Ocyan (A&O)…
Fugro’s Group Director for Europe and Africa Erik-Jan Bijvank has announced his decision to step down form the position to pursue opportunities outside the company.Effective immediately, the recruitment process for Erik-Jan’s replacement has already been initiated…
Fugro has secured contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms, a major initiative led by RWE and Masdar to develop one of the U.K.'s most powerful offshore wind energy projects…
Dutch geological data specialist Fugro it would cut more jobs and shift focus to different business segments after confirming a drop in first-quarter revenue on Thursday, hit by a pause in new U.S. offshore wind projects.The company also cited a highly volatile global market environment…
Offshore drilling contractor Vantage Drilling has received a conditional letter of award (CLOA) for the Platinum Explorer ultra-deepwater drillship, valued at approximately $80 million.The CLOA, with an undisclosed client and 90-day validity period…
Indonesia awarded five oil and gas blocks to companies, its energy ministry said on Wednesday, as it attempts to replenish its oil and gas reserves and improve its energy security.Over the coming years, the government plans to offer nearly 60…
Dutch geodata firm Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects…
Fugro and Spoor, a software company that helps renewable energy projects reduce their environmental impact, have signed a memorandum of understanding (MOU) to develop a new bird-monitoring solution for offshore renewable energy projects.The…
Dutch geological data specialist Fugro, has reported that its Fugro Mercator vessel, which run aground off Italy, has been safely towed to a shipyard for inspection.The 42-meter long geophysical survey vessel had run aground on the north coast of Elba on March 22…
Dutch geological data specialist Fugro has informed that its Fugro Mercator vessel had an incident offshore Italy, when it run aground amid deteriorating weather conditions.On March 22, Fugro received report that the geophysical survey vessel…
Lloyd's Register (LR) and Fugro have signed a block fee agreement to streamline the in-service certification and maintenance of Fugro’s growing fleet of autonomous uncrewed surface vessels (USVs).The strategic move is expected to simplify the certification process…
Dutch geological data specialist Fugro has secured the contract for offshore soil investigation services for the proposed Blue Mackerel offshore wind farm in Australia.Fugro will execute offshore geotechnical investigations to support the Blue Mackerel project being developed by Parkwind…
Norwegian shipbuilder Vard has marked the start of construction of Island Offshore’s hybrid power ocean energy construction vessel (OECV) at its shipyard in Romania.Vard secured the order for the vessel, named Island Evolution, from Island Offshore back in May 2024…