Brazilian state-run oil company Petrobras PETR4.SA said on Wednesday it signed a memorandum of understanding (MOU) with Chinese state-owned oil firm CNOOC to extend its collaboration in the energy sector.In a securities filing, Petrobras said it has also signed a MOU with Asia's top refiner…
Offshore wind installation services firm Fred. Olsen Windcarrier (FOWIC) has been awarded a contract working with Shimizu for the transportation and installation of monopile foundations for the 640 MW Yunlin offshore wind farm off the west coast of central Taiwan…
Oil and gas companies Wintershall Dea and OMV have declared an option to extend the contract for Eidesvik's supply vessel Viking Queen. The contract extension runs from May 2024 in direct continuation of the current contract, extending the firm period to October 2025…
Subsea services provider Reach Subsea has exercised a one-year option for Havila Shipping's Havila Subsea vessel, keeping the ship busy until December 31, 2024.The commercial terms of the charter agreement for the IMR, survey, and construction vessel…
Norway's Equinor and its partner BP are seeking a 54% increase for the price of power produced at three planned offshore U.S. wind farms, according to a filing made by a New York state regulatory authority. The two partners in recent years won the rights to build the Empire Wind 1…
Planned work stoppages next week at two of Australia's largest liquefied natural gas (LNG) facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.Australia is the world's biggest LNG exporter…
Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.Namibia, which has yet to produce any oil and gas, has attracted strong interest from international companies…
The new Orca Class heavy-lift vessels being built at China's Wuhu Shipyard for the Jumbo-SAL-Alliance will be propelled by SCHOTTEL ControllablePropellers (SCP).The four-bladed controllable pitch propellers type SCP 129 will feature an input power of up to 8…
University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. The technology will aim to make the inspection process safer and more cost effective…
Noble Corporation announced it has received a contract from LLOG to perform drilling services in the U.S. Gulf of Mexico.The six-month contract for Noble's seventh generation drillship Noble Valiant is expected to commence between November 2023 and March 2024…
SEAONICS has received an order to supply the electric controlled motion compensated (ECMC) gangway and crane package for U.K based Purus Wind's new commissioning service operation vessels (CSOV). The order includes delivery of equipment for two vessels…
India's top explorer Oil and Natural Gas Corp (ONGC) plans to invest 2 trillion rupees ($24.17 billion) on clean energy projects in order to meet its 2038 net-zero carbon emissions goal, chairman Arun Kumar Singh said on Tuesday.The company…
Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) received contracts totalling $2.7m for subsea batteries and synthetic aperture sonar systems (SAS). The SAS sensor contracts represent two new customers, continuing the growth of Kraken's list of users…
Equinor announced Thursday it has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.The COSLPromoter is already contracted to Equinor and will commence on the new contract in the first quarter of 2025…
Enerpac won a contract by Saipem to supply the Hydraulic Levelling and Fixation System for the installation of 64 transition pieces (TP) at the offshore wind farm in France. The Enerpac system is designed to allow accurate levelling and fixation of the transition pieces on the monopile foundation…