Guyana Vice President Bharrat Jagdeo told Reuters the country plans to take back 20% of the giant Stabroek oil block that has been responsible for a series of massive discoveries from a consortium led by Exxon Mobil Corp., and remarket it by next year…
The Norwegian oil and gas company Equinor has given a longer-term charter to the Island Commander offshore supply vessel.The vessel, which is owned by Island Offshore, is currently on spot assignment for the same company.The 2009-built offshore…
Natural gas processing and transportation firm Williams Cos Inc said on Friday it executed deals with oil major Chevron Corp's unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico. Williams…
Aberdeenshire-based OEG Offshore has invested in SEAJET Systems Limited (SEAJET), the developer of an all-electric controlled flow excavation (E-CFE) solution for the offshore energy sector.According to OEG Offshore, SEAJET has recently patented…
Scana-owned Trans Construction (ATC) has secured a contract for the delivery of two E-house modules for generator sets that will be part of an offshore wind farm. Scana said the contract, which includes the design, fabrication, and installation work…
Harland & Wolff said on Friday that it would 'rationalize' the number of people working at its Methil facility in Scotland.This was in response to the contract termination settlement with Saipem over the building of jackets for the Neart na…
Norway's Equinor and German energy group EnBW plan to jointly develop offshore wind farms in Germany, the two companies announced on Friday.Germany, which seeks to cut its reliance on fossil fuel, in November raised its national renewable energy target to 80% of power generation by 2030…
A project aimed developing a solution to charge offshore vessels' batteries in the offshore wind farms was officially launched at a kick-off ceremony in Ålesund, Norway on Thursday.The project, called the Ocean Charger will be lead by Vard, with its sister companies Seaonics and Vard Electro…
EEW Special Pipe Constructions (EEW SPC) said on Friday that it has set a new record for its heaviest monopile built. The German offshore wind monopile manufacturer broke its own record, which was only set in July 2022, when the company delivered a 1…
Oslo-listed company Multiconsult has won a contract with the Norwegian oil giant Equinor to deliver detailed engineering of the grid connection for the Snøhvit Future project.The Snøhvit field lies in the central part of the Hammerfest basin in the southern part of the Barents Sea…
Japanese firms Mitsui O.S.K. Lines and MOL Marine & Engineering Co (MOLMEC) have been granted basic approval from ClassNK for two new training courses related to offshore wind power generation. The courses, for power cable laying and anchor handling training…
Oilfield services firm TechnipFMC said Thursday it had won a 'significant' contract from Equinor to deliver subsea production systems for the Irpa oil and gas project in the Norwegian Sea.For TechnipFMC, a “significant” contract is between $75 million and $250 million…
Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential…
BP is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands its operations in the fast-growing sector around the world.The hiring process will begin in the coming weeks, as part of BP's ambition to…
Oil major Shell has started production from its Vito offshore platform in the US Gulf of Mexico (GoM). 'With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company's first deep-water platform in the GoM to employ a simplified…