HAL Holding said Thursday it intended to launch an offer for the Dutch marine services and dredging giant Boskalis' all issued and outstanding ordinary shares of Boskalis, at €32.50 per share.HAL, which currently holds 46.2% of the issued Boskalis shares…
Norwegian subsea services company Reach Subsea said Wednesday it had secured a contract in the UK offshore wind space.Reach said the contract, in the North Sea, would start early in Q2 2022, representing about 80 project days.'The project involves…
Equinor has started drilling operations on its Kveikje exploration well in the Norwegian section of the North Sea, its partner in the license, Longboat Energy, said Wednesday.Equinor is using Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig to drill the prospect…
Bridge Petroleum has awarded Fraser Well Management (FWM) and Fraser Integrity Management (FIM) a contract to supply well and pipeline operator services for its Bardolino field in the UK North Sea.Bridge Petroleum has recently increased its…
Offshore wind giant RWE Renewables and National Grid, British multinational electricity and gas utility, have unveiled the official name of their U.S. offshore wind joint venture, Community Offshore Wind.This follows the success of the duo's…
Iberdrola-owned Scottish Power and Shell said on Wednesday they will invest 75 million pounds ($99 million) in infrastructure and facilities to support the growth of the offshore wind industry in Scotland.The two companies were awarded seabed…
U.S.-based offshore support vessel owner Tidewater said Wednesday it had agreed to acquire Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited for around $190 million. Tidewater said the transaction would create…
Norwegian oil company Pandion Energy agreed to buy ONE-Dyas Holdings B.V.'s Norwegian subsidiary ONE-Dyas Norge AS for an undisclosed fee. The deal includes a 10 percent share of the Nova offshore field in the North Sea field, and a total of 11 exploration licenses…
Norwegian companies Akastor and IKM, best known for their services in the offshore oil and gas space, are teaming up to create an operations and maintenance services firm for the offshore wind industry called Føn Energy Services.According to the two companies…
Nigeria's Seplat Energy is on track to buy Exxon Mobil's offshore shallow water business in the country for $1.28 billion, Seplat's chairman told Reuters on the sidelines of the CERAweek energy conference by S&P Global.The comments come amid…
Britain will step up its production of oil and gas after saying it will ban Russian oil imports at the end of the year, transport minister Grant Shapps said on Wednesday.'We're fortunate in the UK that we don't buy proportionately very much…
Colombian Energy Minister Diego Mesa launched the country's plans for offshore wind energy at the CERAWeek by S&P Global conference in Houston on Tuesday, while an agreement to develop the first wind project has been signed, the government said in a statement…
Schlumberger's current-quarter results are likely to be impacted by the ongoing Russia-Ukraine conflict, its chief executive officer said on Tuesday, as Moscow accounts for about 5% of the oilfield services company's global revenue.Crude prices…
Marine software pioneer Greensea Systems Inc. has launched spin-off company Armach Robotics, that capitalizes on Greensea’s digital expertise to offer a subscription model robotic hull cleaning system using autonomy, intelligence and data fusion to tackle biofouling…
Russia has warned it may shut off its main Nord Stream gas pipeline to Germany after Berlin halted approval of a second line across the Baltic Sea in response to Russia's invasion of Ukraine. The comment, from Russian deputy prime minister Alexander Novak…