Sweden-based Viking Supply Ships on Tuesday announced plans to outsource the management of its six anchor handling tug supply (AHTS) vessels to Sea1 Offshore, based in Norway.The management agreements are scheduled to be completed in October 2024…
The UK’s largest technology innovation and research center for offshore renewables, Offshore Renewable Energy (ORE) Catapult, announced it has appointed Maida Zahirovic, head of renewables at James Fisher & Sons plc, as a non-executive director…
Australia's Woodside Energy, which operates Sangomar oil and gas field in Senegal, said on Wednesday it had filed a court action in the capital Dakar over a tax assessment.The company, which holds an 82% participating interest in Senegal's first offshore project…
Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country.The exit aligns with…
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…
Ørsted has started deploying heavy-lift cargo drones (HLCD) for the first time in an operational campaign at the Borssele 1&2 offshore wind farm.The move marks a significant leap forward in operational efficiency and safety in the offshore wind industry…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has announced its deepwater Lingshui 36-1 gas field in the South China Sea boasts proven reserves of more than 100 billion cubic meters (bcm).CNOOC said the…
Scottish company Raptor Data has secured a contract from ConocoPhillips to manufacture and deploy a fleet of tools for the verification of plug and abandonment (P&A) operations, based on its acoustic telemetry technology, Pathfinder.The global contract will start with initial deployment in Norway…
deepC Store and Azuli International have been awarded Greenhouse Gas Assessment Permit (GHG Acreages) in the Bonaparte and Browse Basins off Australia, and have entered into a joint study agreement for a strategic partnership with Japanese company J-POWER…
BlueFloat Energy has revealed the site location for its floating wind project, which will participate in the upcoming floating demonstration program, due to be launched by the Taiwanese government later in 2024.The ‘Winds of September Phase 1’ project…
Samsung Heavy Industries (SHI) and Equinor have signed a preferred supplier agreement for floating structures for the 750 MW Bandibuli offshore wind project being developed in South Korea.The supplier agreement for the fabrication and marshalling…
Italian offshore energy services firm Saipem has secured DNV’s Statement of Qualified Technology for pipeline technology developed by United Pipeline Systems, which was upgraded for offshore and subsea use.The technology was initially developed…
Oil giant Saudi Aramco on Tuesday reported a 3.4% fall in second-quarter profit on lower crude volumes and softer refining margins.Aramco posted second-quarter net income of 109.01 billion riyals ($29.03 billion) in the three months to June 30…
Engineering and energy advisory consultancy Apollo has been selected to conduct three studies for the 7CO2 Carbon Capture and Shipping Hub in the U.K.The initiative aims to facilitate local and regional decarbonization across the Southwest of England…
Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with Osaka Gas for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) from the Ruwais LNG project.The LNG will primarily…