The Town and County of Nantucket and GE Vernova have signed a $10.5 million settlement agreement for losses resulting from 2024 turbine blade failure on the Vineyard Wind 1 offshore wind project.The settlement is aimed at compensating the town…
Scana-owned PSW Power & Automation has secured a contract for the design, manufacture, and assembly of six E-House modules for an offshore project in Gulf of America.The E-House modules will be used on three separate offshore installations in the United States…
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile…
Empire Energy and Ellevo Group have launched a strategic joint venture for offshore wind lifting and transport consultancy services to meet the evolving demands of the offshore wind industry across the globe.The collaboration combines Empire’s…
The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components…
Offshore drilling contractor Valaris has secured work for two of its drillships in the Gulf of America.Valaris has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18…
Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…
LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility…
Ocean Power Technologies (OPT) has secured a patent from the United States Patent and Trademark Office (USPTO) for its autonomous, floating marine charging solution.Designed to address the increasing demand for clean maritime operations, the invention enables electric vessels…
Eco Wave Power and AltaSea at the Port of Los Angeles have agreed to officially launch the first-ever onshore U.S. wave energy pilot project in September.The launch event is scheduled to take place on September 9, 2025, on-site at AltaSea, and…
Shell has not bid for BP and is not actively considering such a move, it said on Thursday, adding it was bound by UK regulations which mean such a statement ban it from making a bid for BP for the next six months.The Wall Street Journal cited…
Woodside has completed the sell-down of a 40% interest in Louisiana LNG Infrastructure to Stonepeak, a global investment firm specializing in infrastructure and real assets.The completion follows Woodside’s announcement on 7 April 2025 that it had signed an agreement with Stonepeak…
Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…
Seismic firms TGS and Viridien have started the Laconia Phase III ocean bottom node (OBN) survey in the Gulf of America, building on the previously completed Phases I and II.The goal of the Laconia Phase III is to extend extra-long-offset-low…
Energy industry services firm EnerMech has secured a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America.EnerMech’s scope includes decommissioning the subsea flowlines…