Industry News


Nexans Completes Cable Pull-Ins at Moray West Offshore Wind Farm

Mar 11, 2024

French subsea power cable maker Nexans has completed the offshore export cable pull-ins at 882 MW Moray West offshore wind farm in Scotland.Nexans used its cable laying vessel Nexans Aurora to perform offshore export cable pull-ins for both…

Noble Installs Real-Time Emissions Tracking System on All 29 Active Rigs

Mar 11, 2024

Offshore drilling contractor Noble Corporation has installed the Energy Efficiency Insights (EEI) system on all of its 29 active rigs.Noble Corporation said that the installation of the EEI system marks a significant advancement in real-time emissions monitoring for the offshore drilling industry…

Corio Joins Hands with Vietnam’s Power Utility to Advance Offshore Wind

Mar 11, 2024

Corio Generation, a Macquarie Group company, has signed a memorandum of understanding (MoU) with a leading supplier of electricity to the Vietnamese power market EVNGENCO3, setting the intention to advance offshore wind industry in the Southeast Asian country…

Gulf Marine Services Secures $463M Backlog with Latest Middle East Deal

Mar 11, 2024

Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has signed the first of a two-phase contract for one of its vessels operating in the Middle East.GMS said it also received a Letter of Award, relating to the second phase of this four-year contract…

Carnegie Clean Energy Gets $2.3M More for CETO Wave Energy Device Trials

Mar 11, 2024

Carnegie Clean Energy has secured a $2.3 million grant from the Basque Government’s Energy Agency EVE for the deployment of its CETO wave energy device at the Biscay Marine Energy Platform (BiMEP) offshore northern Spain.Carnegie secured the…

Shell Hires Worley for Green Hydrogen Facility Job in Netherlands

Mar 11, 2024

Shell has awarded Worley a contract for detailed design, procurement and construction management support services a Holland Hydrogen 1, a project that will become the Europe’s largest commercial renewable hydrogen production facility.Under the contract…

Strategic Marine Delivers Support Vessel for Yunlin Offshore Wind Farm

Mar 11, 2024

Singapore’s Strategic Marine and Taiwan’s Prosperous Wind Shipping have delivered the hybrid-ready support vessel for the Yunlin offshore wind farm in Taiwan.The StratCat 27 hybrid-ready vessel is designed for the transfer of technicians and cargo…

Perenco Starts Gas Production in Southern North Sea

Mar 11, 2024

Oil and gas company Perenco has started gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea.During the fourth quarter of 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48-meter water depth…

Petrobras Shares Plunge on Dividend Frustration, Downgrades

Mar 08, 2024

Shares of Brazil's state-run oil company Petrobras plunged more than 11% in opening trading in Sao Paulo on Friday, after the firm's dividend frustrated investors and triggered analyst downgrades.In a fourth-quarter earningsrelease late on Thursday…

Vestas to Install 15MW Offshore Wind Turbine Near Danish Port

Mar 08, 2024

Vestas has received a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn in the northwestern part of Denmark.The order consists of one V236-15…

AG&P LNG Grabs Stake in $500M LNG Terminal in South Vietnam

Mar 08, 2024

AG&P LNG, a subsidiary of Nebula Energy, has acquired a 49% stake in fully constructed Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam.The Cai Mep LNG terminal was developed by Hai Linh Company, a prominent petroleum product import terminal and trader in Vietnam…

Chevron's CEO Faces Challenges of a Lifetime with Hess Bid

Mar 08, 2024

Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America’s biggest energy rivals.On Wednesday…

BP's Carbon Emissions Rise for the First Time Since 2019

Mar 08, 2024

BP said on Friday its overall carbon emissions climbed in 2023 for the first time since 2019 as the company started up new oil and gas projects and increased its production levels.BP's so-called Scope 3 emissions, caused by the burning of the oil and gas produced by the company…

Vard to Deliver Tailor-Made Offshore Wind CSOV for Norwind Offshore

Mar 08, 2024

Norwegian shipbuilder Vard has secured a contract for the design and construction of one tailor-made offshore wind commissioning service operation vessel (CSOV) for Norwind Offshore, with options for two additional vessels.Vard signed the contract with Navigare Capital Partners…

TDI-Brooks' Retrofitted Vessel Arrives to US for Offshore Wind Work

Mar 08, 2024

TDI-Brooks' latest dynamic positioning vessel, the RV Nautilus, has reached the shores of the East Coast of the United States ahead of work for offshore wind sector.After undergoing a six-month retrofit in Las Palmas, the 2000-built vessel will…

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