Industry News


Helix's Newly Acquired T1400-1 Jet Trenching System to be Deployed at Taiwan Offshore Wind Farm

Mar 28, 2023

Helix Energy Solutions' robotics division Helix Robotics Solutions said Monday it had won a trenching services contract with 'a leading renewables cable installation contractor.'The contract is for the trenching of inter-array and export cables as part of a 640MW wind farm offshore Taiwan…

BP and ADNOC Offer $2B to Jointly Acquire 50% Stake in Israeli Offshore Gas Producer

Mar 28, 2023

BP and Abu Dhabi's state oil giant ADNOC on Tuesday made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion.The offer would involve acquiring NewMed's free floating shares and taking the company…

UK Oil, Gas Firms to Leave Year's Worth of Output in Ground with Tax Hikes

Mar 28, 2023

Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the equivalent of one year's output in the aging basin, industry group OEUK said on Tuesday…

Hydra Service Sold to Local Investment Group

Mar 27, 2023

Hydra Service, manufacturer of Dynapower pumps, motors and turbine starters, announced it has been purchased by a local manufacturing investment group led by Mick Webber. According to the company, the new ownership and existing management are committed to servicing and replacing old equipment…

Purus Wind Orders Eight Offshore Wind Vessels from Damen

Mar 27, 2023

Purus Wind, an offshore wind vessel services firm, has ordered eight offshore wind vessels from the Dutch shipbuilder Damen.Under the order, Damen Shipyards will build and deliver four Damen Fast Crew Supplier (FCS) 2710 Hybrid and three Damen…

Record 680GW of Wind Capacity to be Installed by 2027

Mar 27, 2023

A record 680 gigawatts (GW) of wind energy capacity is expected to be installed by 2027 but policymakers need to ensure supply chain bottlenecks do not slow growth to avoid missing climate targets, according to an industry report released on Monday…

French Gov't Selects Corio, Qair JV for Two Offshore Wind Tenders

Mar 27, 2023

The French government has selected Energies du Méridien, a new offshore wind consortium comprising Corio Generation and Qair, to take part in upcoming offshore wind project tenders totaling about 2.5 GW.French Directorate General for Energy…

Worley Workers on Harbour Energy's UK Offshore Platforms Vote for Strike Action

Mar 27, 2023

UK-based workers' union Unite said Saturday that its Worley Services UK members were the latest group of offshore workers to demand a better deal on jobs, pay, and conditions in the UK Continental Shelf (UKCS).Unite said that a 100% of over 50 workers…

Aker Solutions to Tie Back Two Gas Fields to Åsgard B Platform

Mar 27, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Monday it had won a sizeable with the Norwegian oil giant Equinor to tie back two gas fields, previously known as Iris and Hades, now named Berling, to the Åsgard B platform…

SMST's Gangways for GC Rieber's Windkeeper SOVs

Mar 27, 2023

Dutch offshore equipment supplier SMST said Monday it had secured a contract with Cemre Shipyard in Turkey for the delivery of two sets of mission equipment for the two newbuild Windkeeper Service Operation Vessels (SOVs) of Norwegian shipowner GC Rieber Shipping…

Asian Energy Services to Operate and Maintain Svetah Venetia FPSO

Mar 27, 2023

India-based Asian Energy Services has recently secured a Letter of Award for the operations and maintenance works (O&M) of the Svetah Venetia FPSO unit. The UAE-based Svetah Energy Infrastructure awarded the contract.The FPSO will be deployed…

Brazilian Authorities Launch Probe Against Sembcorp Marine Unit

Mar 24, 2023

Brazilian authorities have reportedly launched a preliminary investigation into the Brazilian subsidiary of the Singapore-based marine and offshore engineering group Sembcorp Marine.'Sembcorp Marine Ltd wishes to inform that it has come to its…

VIDEO: Hull of Giant Guyana-bound FPSO Enters Drydock in Singapore

Mar 24, 2023

Dutch FPSO leasing company SBM Offshore said Friday that the China-built hull of the FPSO ONE Guyana had entered drydock at Keppel Shipyard in Singapore.   One Guyana is one of SBM Offshore's largest-ever FPSO Units and is being built for deployment…

Sea Lion Offshore Project in Falkland Islands Could Finally Reach FID in 2024

Mar 24, 2023

A final investment decision for the long-stalled Sea Lion development offshore the Falkland Islands could be reached in 2024, Rockhopper, a partner in the project, said Friday, after Navitas Petroleum, the project operator, presented it with an updated development plan…

Crown Estate Scotland Selects 13 Offshore Wind Projects to Decarbonize Oil Platforms

Mar 24, 2023

Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to supply offshore oil and gas platforms directly.  Thirteen projects have been offered exclusivity agreements.INTOG (Innovation…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

Subscribe for OE Digital E‑News