The Turkish oil-and-gas drilling ship Fatih has started its operations off the coast of northeastern Cyprus, Turkish vice president Fuat Oktay said on Friday, despite warnings from European Union for Ankara to stand down.On Monday, the EU Foreign…
Russia's Lukoil said on Friday it had completed the construction of the first well as part of a third development stage of the V. Filanovsky oilfield in the Caspian Sea.The well was drilled with a floating jack up rig Neptune, mounted on a riser block platform…
Isle of Wight shipbuilder Wight Shipyard Co (WSC) has been contracted by CWind to build the world’s first hybrid surface effect crew transfer vessel, to service the Borssele 1 and 2 offshore windfarms located 23 kilometers off the Dutch coast…
Dutch heavy-lift firm Mammoet has reached an agreement that will enable it to provide offshore wind services at the Port of Coeymans Marine Terminal, in New York.The collaboration allows Mammoet access to the port’s 400-acre marine terminal facility…
Ulstein Group unveiled a hydrogen-powered ship design that it claims is market-ready, offering zero-emission marine operations.Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution…
Oilfield services company Weatherford International announced on Thursday that Christoph Bausch will step down as Executive Vice President and Chief Financial Officer effective November 14, 2019 to pursue other opportunities. He will remain with the Company through November 30…
Remote operated vehicles (ROV) have become standard workhorses for the offshore industry, providing vital support to underwater operations, from drilling to servicing the latest subsea processing technologies. But, they’re now undergoing a transformation…
The Abu Dhabi National Oil Company (ADNOC) said its drilling subsidiary will acquire dozens of rigs to support that national oil company’s upstream growth plans.In the first phase of the wider fleet expansion program, ADNOC acquired, in November 2019…
Bibby HydroMap have taken the 56-meter DP1 survey vessel Glomar Vantage on charter from GloMar Shipmanagement BV.The vessel will initially provide support to existing operations before becoming available for new projects in the first quarter of 2020…
Wärtsilä said it has established its latest Expertise Center (EC) in Singapore to provide support functions, including operational support and dynamic maintenance planning, for marine and energy customers.Together with nine other Wärtsilä EC units around the world…
Italian oilfield services firm Saipem said it has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2…
Dutch oil and gas services firm SBM Offshore on Thursday raised its full-year core profit and revenue outlook on better-than-expected performance in its turnkey division.For 2019, SBM Offshore now expects earnings before interest, tax, depreciation…
Norway approved the plans of ConocoPhillips for a 6.1 billion crowns ($667.10 million) development of the Tor II field, which is expected to start production in the final quarter of 2020, the oil and energy ministry said on Thursday.The project will allow restarting output at the Tor field…
Prysmian Group, the major player in energy and telecom cable systems industry, has has announced that it commissioned the 900MW DolWin3 high voltage direct current (HVDC) offshore grid link in the German North Sea.Prysmian had secured this project in February 2013…
UK-based wind energy installation and maintenance company 3sun Group has won Vattenfall contract to carry out statutory inspections across its offshore and onshore wind farms in five countries.The deal, which will result in the creation of up to 30 new jobs…