Industry News


Scotland: MPS to Provide Floating Platform for Simply Blue's Planned 100MW Wind Farm

Oct 25, 2022

Renewable energy technology company Marine Power Systems has partnered up with floating wind farm developer Simply Blue Group to develop a project proposal for the Innovation and Targeted Oil and Gas (INTOG) leasing round run by Crown Estate Scotland…

Rosneft's Sokol Crude Oil Tender Shows Sakhalin-1 Output Recovering

Oct 25, 2022

Russia's top oil producer Rosneft has issued a tender to sell six cargoes of Sokol crude for loading in November to early December in a sign that output from the Sakhalin-1 project may be recovering following the departure of ExxonMobil, sources said…

Island Drilling's Offshore Rig Lands $30M Contract with Dana Petroleum

Oct 25, 2022

Offshore drilling firm Island Drilling has signed a drilling contract with Dana Petroleum for a drilling program in the UK in 2023.For this, Island Drilling will supply its 2012-built harsh-environment semi-submersible drilling rig, Island Innovator…

Wintershall Dea Posts Q3 Income Jump, Seeks Looser Ties with Russia

Oct 25, 2022

Oil and gas producer Wintershall Dea said on Tuesday that its most closely watched measure of earnings more than doubled in the third quarter of 2022 and that it would seek to strengthen business in locations outside Russia.Wintershall Dea…

Magseis Fairfield, Fugro in Renewables, CCS Collab

Oct 25, 2022

The ocean bottom node seismic services provider Magseis Fairfield has signed a collaboration deal agreement with Dutch geotechnical services company Fugro.Under the agreement, the duo will work together on project opportunities, including wide…

Halliburton's Profit Rises as Higher Oil Prices Spark Demand for Its Services

Oct 25, 2022

Halliburton Co posted a rise in profit for the third quarter on Tuesday, wrapping up an upbeat earnings season from the world's top oilfield services providers on strong demand fueled by higher oil prices. Brent crude averaged $98.96 a barrel during the third quarter…

Rovco to Install Rock Bags at Galloper Offshore Wind Farm

Oct 25, 2022

Rovco, a provider of subsea robotic and hydrographic survey services, will deliver and install offshore rock bags at the Galloper offshore wind farm in the Outer Thames Estuary, offshore the UK.The project scope includes installing rock bags…

DOF Subsea Convicted of Breaching Health & Safety Duties During Diving Ops Offshore Australia

Oct 25, 2022

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…

Kongsberg Maritime Nets Delivery Contract for Largest HUGIN AUV

Oct 25, 2022

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…

COSL Bags $1,92B Worth of Offshore Drilling Service Deals in Middle East

Oct 25, 2022

Chinese offshore drilling contractor China Oilfield Services Limited (COSL) said Monday it had recently signed several long-term drilling rig service contracts in the Middle East. The contracts are worth around RMB14 billion (~$1,92 billion) in total…

Wintershall Dea Buys Stake in Hokchi Block Offshore Mexico

Oct 25, 2022

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…

DNV Greenlights Aker Carbon Capture's Offshore Carbon Capture Tech

Oct 25, 2022

DNV, the independent expert in assurance and risk management, has qualified Aker Carbon Capture's Just Catch Offshore modularized carbon capture facility for offshore installations.According to Aker Carbon Capture, the solution is now ready…

Ørsted, CIP to Develop 5.2GW of Offshore Wind in Denmark

Oct 25, 2022

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…

PPL, Elia Pen MoU for New England Offshore Wind Grid Integration

Oct 24, 2022

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…

Boskalis Buys Construction Support Vessel North Ocean

Oct 24, 2022

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…

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