Groton, Conn.-based autonomous maritime security solutions company ThayerMahan, Inc. announced it has executed a cooperative partnering agreement with marine geophysical surveying, data analysis and reporting firm Geo SubSea, LLC.ThayerMahan CEO Mike Connor stated…
BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian…
Petrofac has won a firm contract to design, build and install the High Voltage Alternating Current (HVAC) onshore and offshore substations for the $3,8 billion Seagreen offshore wind farm project in Scotland.The news comes hours after it was…
French oil and gas major Total will buy a 51% stake in SSE Renewables' giant Seagreen 1 offshore wind farm project for an upfront payment at closing of 70 million pounds and earn-outs up to 60 million pounds in aggregate subject to performance conditions…
Offshore installation firm Subsea 7 has clinched a major contract with SSE Renewables for the engineering, procurement, construction and installation (EPCI) of the foundations and inter-array cables for the Seagreen Offshore Wind Farm project…
Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…
Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy.Iberdrola said it is already investing 2.4 billion euros in the Saint-Brieuc offshore…
Singapore-based oil and gas company KrisEnergy has suspended production from its Wassana oil field in the Gulf of Thailand citing Covid-19 pandemic and low oil prices. It will cut its Thailand workforce by 25 percent, too.'In view of the many…
Offshore installation, construction, and decommissioning company Allseas is planning workforce cuts due to a bleak outlook for offshore projects in the wake of low oil prices and COVID-19 pandemic.In a statement sent to Offshore Engineer, Allseas…
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on countries with poor compliance to deepen their output cuts, OPEC+ sources told Reuters…
Offshore drilling contractor COSL Drilling Europe has signed a Master Framework Agreement with Equinor for the use of COSL's drilling rigs on the Norwegian Continental Shelf.The drilling company said the deal 'fully enables COSL to provide additional drilling units and services to Equinor…
Marine robotics company Ocean Infinity has appointed DebraAnn Braun as Chief Information Officer (CIO) based in the company’s headquarters in Austin, Texas. Braun is responsible for leading the digital aspects of the business including delivery…
Italian industrial giants, energy firm Eni and shipbuilding group Fincantieri have signed a Memorandum of Understanding (MoU) to explore innovative initiatives in the field of decarbonization and circular economy, including offshore renewable technologies…
Norwegian energy company Equinor has officially named its wind project off the coast of New England, USA. The name is Beacon Wind.'Beacon conveys a sense of hope and guidance, qualities that we value very highly at Equinor, especially now,” said Siri Espedal Kindem…
Norwegian oil and gas firm OKEA will carry out maintenance works on its Draugen platform earlier than initially planned, following the Norwegian government's decision in April to cut oil production to support oil prices.OKEA's Draugen field in the Norwegian Sea…