Paratus Energy Services, through its subsidiary SeaMex Holding, has secured a one-year contract for the Titania jack-up rig in Mexico.The new contract will contribute approximately $55 million in backlog and is expected to start around mid-February 2024…
McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field…
Two commissioning service operation vessels (CSOV) under construction for Germany-based Bernhard Schulte Offshore have reached milestones. The steel cutting and keel laying ceremonies for yno 321 and 320, respectively, were arranged at the Crist hull yard…
The very first Brunvoll BruCon DP2 dynamic positioning system has passed third party verification onboard the offshore vessel Stril Mar.The BruCon DP2 installation was part of a larger power and energy management system upgrade onboard Stril Mar…
Longboat JAPEX Norge, a joint venture of Longboat Energy and Japan Petroleum Exploration (JAPEX), has completed the acquisition of interests in producing fields offshore Norway.Longboat Energy, an oil and gas exploration and production company with activities in Norway and Malaysia…
Google has signed power purchase agreements (PPAs) with Shell and with Eneco, owners of the Crosswind and Ecowende joint ventures, for 478 MW of carbon-free energy from two Dutch offshore wind farms - Hollandse Kust Noord and Hollandse Kust (west) lot VI…
UK-based oil and gas company Serica Energy has announced that its CEO Mitch Flegg will step down from the position and as a director of the company, as David Latin takes the role of Interim CEO.David Latin, the current Chairman of the Board…
Dutch manufacturer Huisman has signed a contract with Danish offshore wind installation services firm Cadeler for the design and production of monopile gripper for the offshore wind industry.This marks the seventh gripper ordered at Huisman…
Taiwanese offshore geophysical and geotechnical investigation company PDE Offshore has upgraded its underwater acoustic positioning system onboard MV Geo Energy to Sonardyne’s Ranger 2 USBL system.The upgrade will further enhance PDE Offshore’s…
Cenosco, a provider of asset integrity software, and MaxGrip, a consultancy firm specializing in asset performance management, have teamed up to boost their asset integrity management capabilities.The partnership brings together two companies…
Alternative fuels, green steel and renewable energy are fundamental to greenhouse gas (GHG) emissions reduction during the life cycle of a vessel, an industry-first cradle-to-grave study on a newbuild LNG carrier has revealed.Carried out by Lloyd’s Register…
Shell on Thursday reported a 2023 profit of $28 billion, a 30% drop from the previous year's record as energy prices and demand cooled, but still allowing the firm to increase its dividend by 4% and extend share repurchases.The British company's…
North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks…
French energy major TotalEnergies has has signed an agreement with Austria’s OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream for $903 million.The transaction includeds the transfer of a $350 million loan granted by OMV to SapuraOMV…
Italy’s Eni and its majority-owned Vår Energi have completed the acquisition of Neptune Energy and its entire portfolio of oil and gas assets, except the company’s business in Germany.Vår Energi completed the acquisition of Neptune Energy Norge along with its Norwegian oil and gas assets…