Offshore services provider Global Maritime has won a contract with offshore wind developer Ørsted in Taiwan.Global Maritime Singapore will provide of Marine Warranty Services from Orsted Taiwan Limited, in support of the Greater Changhua 1 & 2a Offshore Wind Farms WTG installation scope of work…
Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2021 by 40% on Thursday thanks to higher than expected oil prices but left its capital expenditure plans unchanged so it can repay more debt.Inpex is now forecasting a net profit of 140 billion yen ($1…
Japan's JGC has been awarded the Pre-Front End Engineering and Design (Pre-FEED) contract for an FLNG facility project in Nigeria.The project is being run by UTM Offshore Limited, a Nigerian private company engaged primarily in crude oil sales and construction equipment leasing…
Norway-based TGS, a provider of seismic data for oil and gas exploration, has this week started the acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.The survey located in the Pelotas Basin covers approximately 17,000 line kilometers…
Indian offshore drilling rig owner Aban Offshore has resumed operations at its Aban IV jack-up drilling rig following a suspension due to a Covid-19 outbreak.Aban Offshore had suspended operations on the 1983-built, 2011-refurbished offshore drilling rig in the first week of May…
Teekay's Petrojarl Banff FPSO completed its final voyage on May 8, 2021, and is now moored alongside the Modern American Recycling Services Europe A/S (MARS) quayside in Frederikshavn, Denmark in preparation for recycling.The decommissioned FPSO…
Offshore accommodation provider Prosafe has decided to appeal an April 15 ruling by a court in Norway, ordering it to pay 465 million Norwegian crowns to shipyard Westcon for conversion work on one of its floatels, overturning a 2018 ruling in favor of Prosafe…
Fires that crippled two Equinor plants in Norway last year were caused by both technical and human errors, the energy company said on Wednesday, promising to hire and train more staff.A blaze last September at Hammerfest LNG, Europe's only large-scale liquefied natural gas plant…
French oil services group CGG posted a 71% plunge in first-quarter core profit on Wednesday, reflecting a year of drastic spending cuts by the oil industry in the pandemic and sending its shares sharply lower.In a call with analysts, CEO Sophie Zurquiyah said the quarter had been slow as expected…
Marine seismic surveyor Shearwater GeoServices has secured a 4D monitoring contract with Petrobras for towed streamer seismic acquisition in the Campos Basin offshore Brazil.These 3D and 4D programs will be conducted over 9-months by the SW Empress vessel over the Marlim…
The Biden administration on Tuesday said it has approved the nation's first major offshore wind farm, billing it as the launch of a new domestic energy industry that will help eliminate emissions from the power sector.The move, however, was…
Malaysia's Dayang Enterprise has won a contract with Shell's Malaysian subsidiaries for the provision of topside maintenance services offshore Malaysia.Dayang said Monday that the contract value would depend on orders issued by Shell throughout the contract duration…
Oslo-listed offshore vessel operator DOF said Tuesday it had won several contracts in the UK and Norway, but did not share details on the clients and the value.These include turnkey subsea projects within Inspection, Maintenance & Repair (IMR)…
McDermott, an offshore engineering and construction firm, has been chosen by Australia's BHP Billiton, in collaboration with Mexico's Pemex, to provide Front-End Engineering Design (FEED) of a Semi-submersible Floating Production Unit (FPU) for the Trion field development offshore Mexico…
FPSO specialist BW Offshore has awarded NOV's APL a contract to supply a large submerged turret production (STP) system for the FPSO to be deployed at Santos' Barossa gas and condensate field located offshore of Australia.The Barossa field is…