Latest News - page 5


Oceaneering Signs On for Terradepth's Ocean Data Service

May 01, 2024

Ocean data management solutions provider Terradepth announced it has signed on subsea engineering and applied technology company Oceaneering International as a customer for its new Absolute Ocean (AO) service.AO gives organizations the ability to manage…

US Oil and Gas Production Rebounds

May 01, 2024

U.S. oil and gas production rebounded sharply in February after extensive disruption the previous month caused by freezing wells and other outages stemming from Winter Storm Heather in the middle of January.Nationwide crude and condensates output jumped by 0…

Macquarie Asset Management to Sell Stake in UK Offshore Wind Farm

May 01, 2024

Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain's East Anglia ONE offshore wind farm to renewable energy asset manager NTR.East Anglia ONE is a 714 megawatt wind farm, located in the North Sea, 43 km (27 miles) off the Suffolk coast…

SMD Invests £300K in Clean Energy

May 01, 2024

Subsea engineering and technology company SMD reports it has spent more than £300,000 this year to make environmental improvements to its Wallsend, U.K. headquarters.The firm, which plans to achieve its ISO 14001 environmental standard certification by the end of the year…

Australia Grants Feasibility Licenses for Offshore Wind Farms

May 01, 2024

Australia on Wednesday gave the go-ahead for six projects to study the feasibility of building wind farms in waters off its southern coast as it looks to ramp up renewable energy to meet its net zero emission target by 2050.Six others could…

Exxon to Shut Two Platforms in Guyana for Two Weeks for Pipeline Connection

Apr 30, 2024

Exxon Mobil Corp will shut down two offshore oil production projects in Guyana for two weeks each, between July and August, to connect a natural gas pipeline, the company's country head Alistair Routledge told reporters in Georgetown on Tuesday…

US Proposes Offshore Wind Auctions Off Oregon and Maine Coasts

Apr 30, 2024

The Biden administration on Tuesday unveiled a plan to sell offshore wind leases in waters off the coasts of Maine and Oregon later this year, saying projects in those regions could one day power a total of 6 million homes.The proposed sales…

OKEA Submits $570 Million Bestla Oil and Gas Plan

Apr 30, 2024

Norwegian oil and gas firm OKEA has submitted a 6.3 billion Norwegian crowns ($571 million) plan to develop its Bestla oil and gas discovery in the North Sea, the country's energy ministry said on Tuesday.The discovery, formerly called Brasse…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

Windward Offshore to Equip CSOV Newbuild Duo with Seaonics’ Cranes

Apr 30, 2024

German shipowner Windward Offshore has ordered 3D Electric Controlled Motion Compensated (ECMC) cranes from Seaonics for two Commissioning Service Operation Vessels (CSOVs) being built by Norwegian shipbuilder VARD.The order marks Seaonics' first equipment delivery to Windward Offshore…

Petrobras Eyes Offshore Wind Pilot in Northeastern Brazil

Apr 30, 2024

Petrobras has signed a memorandum of understanding with the State of Rio Grande do Norte for studies on the feasibility of implementing an offshore wind pilot project in Brazil’s northeastern state.The value of the investment and the generation capacity will be assessed as the project develops…

Kraken Robotics Wins $11M of New Service Contracts

Apr 30, 2024

Canadian marine technology company Kraken Robotics has secured $11 million of new contracts since the start of the year.The work scope of the contracts will be completed in 2024, Kraken Robotics said.The contracts consist of a $8 million Acoustic Corer deal signed earlier in April…

Archer Nets $40M Platform Drilling Services Extension in UK

Apr 30, 2024

Oilfield services firm Archer has secured a two-year contract extension for platform drilling services in the UK with an estimated contract value of $40 million.The extension will start on May 1, 2024 in direct continuation of the current contract…

UTEC Gets Offshore Wind Survey Job in Taiwan

Apr 30, 2024

UTEC, a geo-services brand in Acteon’s Data and Robotics division, has been awarded an offshore survey and positioning contract for the Taiwan Power Company's (TPC) Phase 2 offshore wind farm project in Taiwan. The contract further reinforces…

Bibby Marine Places Order for ‘World’s First’ eCSOV

Apr 30, 2024

Bibby Marine has signed a shipbuilding contract with Gondan Shipbuilders to construct what is said to be the world’s first zero-emission, electric commissioning service operation vessel (eCSOV).The eCSOV will be built in Gondan’s Asturias shipyard in Spain and is scheduled to be delivered in 2026…

Current News

Seadrill Nets Two Drillship Commitments

SLB OneSubsea and Subsea7 Win Contract for OKEA’s Bestla Project

Jason Liu Named CEO of Wood Mackenzie

Liza Unity is First FPSO to Earn ABS REMOTE-CON Notation

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