Subsea services firm DOF Subsea Australia was on Tuesday convicted of three counts of negligently breaching its health and safety requirements as an employer during saturation diving operations at an offshore field in Australia in 2017.According to Australia's offshore oil and gas safety regulator…
Norway's maritime tech specialist, Kongsberg Maritime, has secured a delivery contract with an undisclosed partner for a HUGIN Endurance AUV System.HUGIN Endurance is a long-range autonomous underwater vehicle (AUV) designed for shore-to-shore operations…
German oil and gas company Wintershall Dea has agreed to acquire a 37% non-operated participating interest in the Hokchi Block, offshore Mexico, from Hokchi Energy, a subsidiary of Pan American Energy.Wintershall Dea will have an option to…
Wind industry service company FairWind has appointed Sisse Mai as Chief Financial Officer (CFO) and member of the Executive Management.She will join the company no later than February 1, 2023, reporting to CEO John Funch.Mai has most recently…
Denmark's Ørsted and Copenhagen Infrastructure Partners (CIP) have teamed up to develop 5.2 gigawatts (GW) of offshore wind in Denmark, corresponding to more than double the country's current installed capacity, the two companies said on Tuesday…
Ocean Winds, a joint venture between Portugal's main utility EDP and French company Engie, said Monday that its BC-Wind project in the Polish section of the Baltic Sea had received the “Environmental Decision,” meaning that the project successfully…
PPL Corporation and Elia Group, through its subsidiary WindGrid, on Monday announced a deal to develop and propose innovative transmission solutions to reliably and efficiently integrate future offshore wind capacity to the onshore grid in New England…
Dutch marine services firm Boskalis said Monday it had acquired the construction support vessel North Ocean, the sister vessel of Southern Ocean, which Boskalis added to its fleet in 2021.The North Ocean is a DP-2 vessel with an overall length of 132 meters…
Malaysian FPSO leasing firm Yinson has secured a one-month contract extension for its Adoon FPSO with Addax Petroleum in Nigeria.The deal between Sinopec's Addax and Yinson's Adoon Pte. Ltd. extends the FPSO's tenure to November 16, 2022. The extension is worth $3…
Saad al-Kaabi, the head of Qatar's state-run energy company, said on Monday all oil and gas trade should be depoliticized, calling for policies to move away from sanctions and anti-free market agreements.The comments by Kaabi, who is also Qatar's minister of state for energy…
Oil and gas company Panoro Energy said Monday it had completed its scheduled October lifting of 647,111 barrels in Gabon at a realized price of USD 91.54 per barrel.After customary price adjustment and associated fees, this resulted in proceeds to the company of approximately $59…
The AIM-quoted oil and gas exploration and appraisal company Baron Oil said Monday that its Chuditch Production Sharing Contract, offshore Timor-Leste could hold much more gas than previously estimated.According to the company, per the preliminary…
DNV, the independent expert in assurance and risk management, has partnered up working with energy companies in three energy transition safety joint industry projects.'The energy transition depends on several technologies with potential hazardous characteristics…
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin. Oil and gas companies around the world received a boost…
The Norwegian energy giant Equinor said Monday it would issue a complementary assessment for the Wisting oil field development in the Barents Sea for public consultation.'The complementary assessment elaborates some key subjects from the impact assessment…