Solstad Offshore, a Norwegian offshore vessel owner, said Tuesday it had sold the platform supply vessel Far Swan.The company, which last year said it would trim its fleet to make it more competitive, with a plan to divest 37 vessels 'over a period of time…
U.S. shipbuilder Philly Shipyard has won a contract from the dredging giant Great Lakes Dredge & Dock Company to build a Jones Act-compliant subsea rock installation vessel that will serve the growing U.S. offshore wind market.The contract award…
Offshore seismic data acquisition services company PXGEO has said it has won a contract for a survey in the Red Sea, offshore Egypt.PXGEO said the project would start in November 2021. The project will take about four months to complete. The company…
Bahrain's National Oil and Gas Authority (NOGA) will transition into an energy company that will look at energy resources outside of fossil fuels, an official said on Tuesday.Bahrain's king issued a royal decree in September abolishing the National Oil and Gas Authority (NOGA)…
Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the ADIPEC Exhibition in Abu Dhabi…
Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…
Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…
Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…
RWE plans to invest 50 billion euros ($57 billion) through 2030 to double its green energy capacity to 50 gigawatts (GW), as Germany's largest power producer outlined its plan to become a global renewables heavyweight.However, Markus Krebber…
Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…
Amplify Energy Corp withdrew its full-year forecast on Monday, saying that a large oil spill from one of its subsea pipelines in southern California last month forced it to shut its operations in the region.In mid-October, the U.S. Coast Guard said about 588 barrels (25…
UK-based drilling waste management company, TWMA, said Monday it would highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC, where it is exhibiting…
Malaysian FPSO supplier Yinson has signed two letters of intent with Brazilian oil company Petrobras for the charter, operations, and maintenance of Integrado Parque das Baleias (“IPB FPSO”), a floating, production, storage, and offloading vessel in the North Campos Basin…
Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement…
Aberdeen-based EnerMech has won a five-year contract to deliver tensioning, torquing, and associated services across all of TAQA’s North Sea platforms. Under the new contract, EnerMech will deliver these services on the Cormorant Alpha, North Cormorant…