Investment company McIntyre Partners has purchased the core business of Norwegian offshore energy and marine services provider Moreld Group, consisting of Moreld Apply, Moreld Ross Offshore and Moreld Global Maritime.McIntyre Partners has entered into an agreement with HitecVision…
Offshore LNG infrastructure company Energos Infrastructure has completed the acquisition of two floating storage and regasification units (FSRUs) from the affiliates of Greek Dynagas.The two 174,000 m3 closed-loop FSRUs, built in 2021, will be renamed Energos Force and Energos Power…
Jobs in the U.S. oilfield services sector has experienced a rise in 2023, compared to the numbers a year before, though the last month of the year has witnessed a slight decline, according to the analysis by the Energy Workforce & Technology Council…
Offshore drilling contractor Noble Corporation has been awarded a contract with Wintershall Noordzee for its harsh environment jack-up rig Noble Resilient.The work scope will cover plug and abandon of two wells in the Danish North Sea, Noble Corporation said…
The Australian Department of Climate Change, Energy, the Environment and Water has designated preliminary plans for a Victorian Renewable Energy Terminal as “clearly unacceptable.”The plans were submitted by the Port of Hastings Corporation in October 2023…
As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…
As part of the Biden-Harris administration’s goal of deploying 30GW of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) is inviting the public to comment on a draft potential development of six wind lease areas offshore New York and New Jersey…
UK engineering company Wood has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion floating production unit (FPU) in the Gulf of Mexico.When complete, Trion will have a production capacity of 100…
Empire Offshore Wind, a joint venture between Equinor and BP, has terminated the contract awarded to Great Lakes Dredge & Dock Corporation and Van Oord for rock installation at Empire Wind 2 offshore wind project.In 2022, the Great Lakes and…
Scottish energy management and storage technologies specialist Verlume has achieved the ‘Granted' status from the Offshore Renewable Energy (ORE) Catapult’s Fit For Offshore Renewables (F4OR) program.Designed as a business improvement programme and to build energy sector specific capability…
Liberty Green Logistics LLC, an offshore wind supply chain company, acquired Renewable Strategy Ltd. (RSL), a digital platform offering marine coordination software, asset monitoring, emissions tracking, personnel records tracking, Global Wind Organization (GWO) training…
Singapore's Strategic Marine has signed a shipbuilding contract with Bruneian Amarco for the delivery of its fast crew boats that will serve Bruneian offshore oil and gas sector.The collaboration marks a key milestone for both companies with…
India's state-run Oil and Natural Gas Corp (ONGC) has announced the successful start of oil production from the deep-water KG-DWN-98/2 Block, located off the coast of Bay of Bengal.ONGC had successfully executed Phase 1 of the project in March 2020…
Libra Consortium has taken the final investment decision (FID) to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero 3 project in the Brazilian deep offshore pre-salt.The pilot unit, using a pioneer high pressure subsea separation technology (HISEP)…
Marine seismic company TGS, in cooperation with JV consortium partners PGS and SLB, has announced that prefunding has been secured to expand multi-client seismic data coverage in the Sabah Basin offshore Malaysia.The seventh phase of this multi-year project off the coast of Sabah encompasses over 5…