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Unique Group Celebrates 30 Years of Innovation

3 hours ago

<br _moz_dirty='' />Unique Group has evolved its technology offer to the subsea space mightily in its three decades of business, collaborating with its global clientele to develop and deliver solutions that maximize efficiency, cost-effectiveness and safety…

Talos Energy Makes Leadership Team Changes

Apr 26, 2024

U.S. oil and gas company Talos Energy has made organizational updates aimed at supporting its business growth and strategic priorities, following the recently closed QuarterNorth Energy acquisition.Sergio Maiworm, who joined Talos in 2018, was…

SOVs – Analyzing Current, Future Demand Drivers

Apr 26, 2024

At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time…

Skanska Set for South Brooklyn Marine Terminal Buildout

Apr 26, 2024

Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project…

Saudi Oil and Gas Driller Nets $93M for Jack-Up Rig Deal

Apr 26, 2024

Saudi oil and gas driller ADES Holding has secured a contract from major international oil company for one its jack-up drilling rigs, valued $93.3 million.ADES Holding received the letter of award for a one-year firm jack-up drilling contract in Qatar with three optional six-month extensions…

Fugro Gets Dogger Bank South Offshore Wind Survey Job

Apr 26, 2024

RWE and Masdar (Abu Dhabi Future Energy Company) have appointed Fugro to conduct geotechnical seabed survey on 3 GW Dogger Bank South offshore wind farm.The findings will give a detailed and accurate picture of the ground conditions, which will…

Vallourec Wins ExxonMobil’s Whiptail Order Offshore Guyana

Apr 26, 2024

France-based tubular solutions supplier for the energy market Vallourec has secured an order from ExxonMobil for the supply of line pipe for the Whiptail development, offshore Guyana.This is the fourth major order in the framework of the long-term agreement signed in 2021 with ExxonMobil Guyana…

Petrobras Signs Contracts with Perenco for Sale of Two Campos Basin Fields

Apr 26, 2024

Brazil's state-run oil company Petrobras has signed contracts for the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco.Production from the two fields was interrupted in March…

Equinor Upbeat About Investor Interest in US Offshore Wind Farm

Apr 25, 2024

Norway's Equinor is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday.New York State authorities…

GE Vernova Could Not Agree Turbines Switch on NY Wind Projects

Apr 25, 2024

Power services company GE Vernova could not reach an agreement to supply smaller turbines for three New York offshore wind developments before the contracts were canceled, CEO Scott Strazik told Reuters on Thursday.Last week, New York abandoned…

Hess Profit Jumps on Guyana Output in Positive Sign for Exxon

Apr 25, 2024

Hess Corp on Thursday reported first-quarter earnings well above analysts' forecasts, driven by a 28% increase in Guyana oil output, a sign Exxon Mobil's results out Friday could also top forecasts.Last October, Hess agreed to sell itself to Chevron for $53 billion in stock…

Decarbonization Offshore O&G: Navigating the Path Forward

Apr 25, 2024

In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector…

US Offshore Wind: Outlook Strong Despite Construction Productivity Issues

Apr 25, 2024

While construction productivity issues continue to present immediate challenges for the U.S. offshore wind industry, the long-term outlook remains strong for the nascent sector, according to a recent report from business intelligence and consulting firm Intelatus Global Partners…

Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy

Apr 25, 2024

UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be…

Current News

Unique Group Celebrates 30 Years of Innovation

Talos Energy Makes Leadership Team Changes

SOVs – Analyzing Current, Future Demand Drivers

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

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