Norwegian offshore seismic survey firm PGS has secured an offshore wind site characterization contract in Europe.The project will be acquired with PGS' ultra-high-resolution 3D (UHR3D) streamer. According to the company, UHR3D streamer provides…
Global energy and marine consultancy ABL has finalized the marine warranty survey scope in connection with the successful installation of Germany’s Ostsee Anbindungsleitung (OAL) subsea pipeline, with the first gas feed-in expected imminently…
Island Drilling has started evaluating all legal recourse at its disposal to contest the termination of contract for its Island Innovator semi-sub rig, by Trident Energy and its partners in the Block G offshore Equatorial Guinea, deeming the claims on safety issues with the unit ‘not accurate’…
Oilfield services provider Expro has entered into a definitive agreement to acquire well integrity and production optimization company Coretrax from an investment group led by Buckthorn Partners for $210 million.Subject to customary closing conditions and working capital adjustments…
Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…
BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry as the global demand for more renewable sources of energy increases…
Woodside Energy has announced that the Léopold Sédar Senghor FPSO has safely arrived offshore Senegal.The arrival of the FPSO from Singapore at its final destination approximately 100 kilometres offshore Dakar, Senegal, marks the commencement…
Indian oil company ONGC Videsh Ltd (OVL) is in talks with the Russian government to pay its contribution to the Sakhalin-1 abandonment fund in roubles, a company official said on Monday.The contribution is a requirement for OVL to take a 20% stake in the project…
Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden administration's five-year plan to offer drilling leases in the Gulf of Mexico.The petitions to a U.S. appeals court come four months after…
The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…
Three Welsh companies have been selected for Offshore Renewable Energy (ORE) Catapult’s first Fit 4 Offshore Renewables (F4OR) program, aimed at boosting their skills and expertise in delivering support for the floating wind sector in Wales…
Norwegian company Reach Subsea has made charter agreements for two vessels to meet the increasing demand in the subsea services market.Reach Subsea has expanded its capacity by securing charters for both the Northern Maria and Olympic Taurus vessels…
Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…
Offshore drilling contractor Borr Drilling has secured contract commitments totalling 495 days and $82.2 million in revenue for three of its jack-up rigs, excluding mobilization and demobilization compensation.Firstly, BW Energy has extended…