The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…
Following a record-breaking hurricane season in the U.S. Gulf of Mexico, with several production shut-downs across the region, oil and gas firm W&T Offshore on Tuesday increased its oil output forecast for the fourth quarter of 2020.The company…
Offshore helicopter operator CHC has won a three-year contract with the Norwegian oil firm Equinor to provide personnel transportation services from Stavanger airport, Sola with two helicopters. Also, Equinor and Vår Energi have agreed to share capacity on one of the helicopters…
The U.S. oilfield services sector lost 91,680 jobs due to pandemic-related oil demand destruction, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA) on Tuesday.Demand for drilling…
This has certainly been an active year for offshore wind, both in the U.S. and globally. Looking at the U.S. in particular, the East Coast is certainly giving cause for real optimism with a clear pipeline of state procurement targets indicating 12 gigawatts installed by 2030 and 29…
Damen Shipyards Group said it signed a contract with Opus Marine for the delivery of a Fast Crew Supplier (FCS) 2710, to be named Allegro. The company will operate the vessel in support of its charterers, serving the offshore wind industry in the German section of the North Sea…
Motive Offshore, a UK-based marine equipment provider has acquired subsea equipment experts, Flowline Specialists, for an undisclosed sum.Motive, based in Boyndie, Banff, Scotland, said that the deal is the latest development in Motive’s growth trajectory…
Triumph Subsea Services has signed a contract with the Croatian shipbuilder Brodosplit for the construction of a field development vessel.Triumph said Tuesday that the contract was for one firm vessel, with options to order three more.Options…
The Norwegian authorities have approved Aker BP's development and operation plan for the Hod field in the Norwegian part of the North Sea.Aker BP submitted the plan for development and operation of the Hod offshore field to the Ministry of Petroleum and Energy in June…
Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…
Dutch offshore survey services firm Fugro has won three geotechnical investigation contracts for IJmuiden Ver, the largest offshore wind farm (OWF) zone to be developed in the Dutch part of the North Sea. IJmuiden Ver Wind Farm Zone (IJVWFZ) is located 33…
British energy regulator gave the go-ahead on Tuesday for up to 40 billion pounds ($53.4 billion) in spending by the country's energy network companies between 2021-2026, partly aimed at preparing the grid to deal with more renewable generation…
Norwegia oil and gas firm Equinor has drilled a dry well near the Tordis field in the North Sea offshore Norway.Equinor, using the Deep Sea Atlantic drilling rig, has completed the drilling of the wildcat well 34/7-37 S in the production license…
Woodside Petroleum Ltd said on Tuesday it has started looking for a successor for its long-time chief executive Peter Coleman who plans to retire in the second half of 2021.The change in guard comes at a tricky time for Australia's top independent gas producer…
Norwegian energy giant Equinor has joined what has been described as Europe's largest green hydrogen project - NortH2. The project aims to produce green hydrogen using renewable electricity from the offshore wind off the coast of the Netherlands of about 4 gigawatts by 2030…