Offshore vessel operator Rem Offshore has selected Vessel Insight from Kongsberg Digital to collect vital data from its three new offshore wind vessels, currently under construction.The first vessel will be completed at Green Yard Kleven in November…
French steel pipemaker Vallourec narrowed on Wednesday its full-year EBITDA guidance and said it plans to launch the disposal process for its German assets as well as relocate its oil & gas activities to Brazil.'Our German operations continue to underperform…
Engineering and construction company PD&MS Group has secured a contract to carry out modifications on Dana Petroleum's Triton and Western Isles FPSOs in the UK North Sea.The contract, of an undisclosed value, is expected to create up to 80 new jobs at its Aberdeen base…
Swire Projects, a Swire Shipping division formed last year to provide specialist shipping services to the energy, renewable, and infrastructure sectors, has agreed to charter six multipurpose heavy-lift vessels.The company said Thursday it had…
Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday…
Oilfield services and energy tech firm Baker Hughes has entered a partnership with AIQ, an artificial intelligence JV between the Abu Dhabi National Oil Company's (ADNOC) with Group 42 (G42). The partners will collaborate to create advanced analytics solutions for the global oil and gas industry…
A three-year project to develop the UK’s first wind turbine blade recycling plant has been given a go-ahead after securing the UK government funding.The £2million project involves a consortium led by Aker Offshore Wind and Scottish researchers…
The Abu Dhabi National Oil Company (ADNOC) has awarded two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project offshore Abu Dhabi.The Dalma field is part of…
Norwegian offshore engineering firm Aker Solutions has said it has won a 'substantial' contract with Petrobras to provide a subsea production system and related services for the Mero 4 project, offshore Brazil. Aker Solutions defines a substantial…
Exxon Mobil Corp on Wednesday offered to lease a half million acres off the Texas coast, securing space for what could become a massive project to capture and store carbon emissions.Under pressure by investors to address climate change, Exxon…
An American offshore services trade group is accusing Swiss-headquartered Geoquip Marine of violating the Jones Act, a U.S. law requiring seaborne cargo shipped between two U.S. points to be carried by American-built, -crewed and -owned vessels…
The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offshore lease sale since early 2019.The Department of Interior auction came days after the U…
Helicopter maker Airbus Helicopters said Wednesday it had delivered the first five-bladed H145 helicopter to be used in the offshore wind segment to its client HTM Helicopters in Germany.The aircraft will be operated from one of HTM’s bases at Norden-Norddeich…
Malaysian offshore services provider Tanjung Offshore, a subsidiary of T7 Group, has secured two contracts worth a combined value of about RM150 million (around $35,9 million), with oil firms Petronas and PTTEP.For Malaysia's Petronas Carigali…
Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co…