Dutch companies Sif and Ballast Nedam have signed a memorandum of understanding (MoU) to develop a joint venture for the decommissioning of offshore wind farms under the name of BNS Decom.BNS Decom intends to revolutionize the decommissioning process for offshore wind farms…
Angola-based Azule Energy has awarded a three-year contract with extension options to Norwegian company FutureOn for its FieldTwin digital design and visualization platform.Azule Energy – a standalone integrated energy company combining the…
Danish offshore wind turbine maker Vestas has announced plans to establish a new offshore wind blade factory in Poland.The factory, to be located at Szczecin, is planned to produce blades for Vestas’ flagship offshore wind turbine, the V236-15…
The grid connection for Hollandse Kust (west) Alpha offshore substation is officially ready for commissioning after receiving grid readiness certificate three months ahead of schedule.This means that wind farm operator Ecowende can connect the wind turbines…
PSW Technology has signed a contract to divest well control equipment to an international oil and gas company.The transaction is expected to be conducted through a cash settlement and is of substantial value, with the sales amount at the higher end of the value range…
Equinor’s exploration well 30/4-4 in the North Sea has come up dry, Norway’s regulator of the petroleum resources Norwegian Offshore Directorate has informed.The well was drilled about seven kilometers north of the Martin Linge field in the North Sea and 180 kilometers west of Bergen…
Golar LNG’s floating liquefied natural gas (FLNG) unit Gimi has arrived at BP's Greater Tortue Ahmeyim (GTA) project, located offshore Mauritania and Senegal.The FLNG Gimi unit reached GTA field on January 10, 2024, after departing from Seatrium Shipyard in Singapore in November 2023…
Gale-force winds and high waves from a storm led to the listing of an elevated liftboat in the Gulf of Mexico, the National Transportation Safety Board (NTSB) said Wednesday. Damage to the vessel and cargo was estimated at $6.9 million.On November 20…
SLB has announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations.The Geminus model…
Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team.The new investment…
The Maritime and Port Authority of Singapore (MPA) has selected companies that will pilot their vessel charging concepts in Singapore.The selection follows the call for proposal (CFP) by MPA in August 2023 to develop, operate, and maintain e-HC charging points in Singapore…
CRP Subsea, an AIS company, has secured a ‘substantial contract’ for the supply of distributed buoyancy modules (DBMs) to a deepwater oil field project in the Santos Basin, offshore Brazil.CRP Subsea secured was hired by a leading energy technology company…
Mitsui O.S.K. Lines (MOL) and Hokutaku, Japan's largest wind turbine maintenance company, have made an agreement to form a capital alliance as MOL pursues growth in its non-shipping businesses like offshore wind.The capital alliance entails…
Engineering company Wood has been awarded a major contract to deliver topside modifications in support of BP’s latest subsea tieback in the UK North Sea.Wood’s operations business will deliver engineering, procurement, construction and commissioning…
Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia.The $1.14 billion worth contracts were awarded in the last two months of 2023…