Horisont Energi, a company working to develop its blue ammonia project in Norway, has signed a deal with liquid bulk storage company Koole Terminals to develop an ammonia terminal and storage facility at the Port of Rotterdam, for further distribution…
Scana’s subsidiary Seasystems has secured a contract for the mooring of the world’s first floating tidal energy array, the Pempa’q In-stream Tidal Energy Project in Minas Passage in Nova Scotia, Canada. When completed, the project run by Scottish…
Danish offshore wind installation firm Cadeler has been chosen as a preferred supplier of wind turbine generator installation vessels by Ørsted for the combined Gode Wind 3 & Borkum Riffgrund 3 projects in the German North Sea.The award covers…
The company that operates the pipeline that spilled an estimated 3,000 barrels of oil into the Pacific Ocean off California has an 800-page manual on handling an oil spill - but it is unclear whether its employees followed those procedures.Houston…
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) said Friday that its proposed wave power project in Mauritius was selected for Japan's Ministry of Economy, Trade, and Industry (METI) subsidy programs.MOL said it had conducted natural…
Swedish oil company Lundin Energy has failed to find hydrocarbons at its Merckx prospect in the North Sea, offshore Norway.The Norwegian Petroleum Directorate said Friday that Lundin, as the operator of production licence 981 where the well is located…
Classification society ABS said it has been selected to class a former drillship that is being converted to a subsea mining vessel.The industry-first project will see Allseas’ 228-meter Vitoria 10000, now renamed Hidden Gem, equipped with a…
Russian oil and gas company Lukoil has agreed to acquire a 15.5% stake in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas.Lukoil said the value of the transaction was $2.25 billion, with the completion is subject to certain conditions precedent…
Brazilian oil company Petrobras said Thursday it had not yet picked the winner in a bidding race for its Albacora and Albacora Leste fields in the Campos Basin, offshore Brazil.The company issued an update after Reuters on Thursday said the…
U.S. oil major ExxonMobil has made yet another oil discovery in its prolific Stabroek Block, offshore Guyana, and has now increased its estimate of the discovered recoverable resource for the block to approximately 10 billion oil-equivalent barrels…
UK-based offshore equipment provider OEG Offshore has acquired Hughes Subsea Services (Hughes), an integrated subsea service company.This is OEG Offshore's second acquisition in a little over a week, when it bought Fern Communications.Hughes…
Offshore installation firm Jan De Nul Group has awarded the Italian engineering firm Remazel a contract for the delivery of a set of cradles, a skidding system and an upending hinge for its new offshore installation vessel Les Alizés to handle and install large monopiles…
Offshore survey services company UTEC, an Acteon subsidiary, has deployed iXblue new subsea positioning technology on 'a world-class' ultra-deepwater field development project in Africa, with depths below 2,000 meters.According to iXblue, its sparse LBL solution…
Royal Dutch Shell warned on Thursday of a $400 million hit to third-quarter earnings from the damage caused by August's Hurricane Ida.However, in an update ahead of quarterly results this month, the oil major also flagged a boost to cashflows from soaring natural gas and electricity prices…
Update: This article, originally published by Reuters, has been updated to include a statement by Seadrill addressing a reported inaccuracy in its lede.Offshore driller Seadrill Ltd has requested an additional four months to retain control of its bankruptcy proceeding…