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…
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…
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…
Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…
The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore wind sector in general.U…
Malaysia's Petroliam Nasional Berhad (Petronas) will focus on bolstering its capital position to deal with increasing volatility in the energy market and 'restrictive' access to financing, the state oil firm's chief executive said on Wednesday…
Norway's BW Energy is now able to move forward with its acquisition of the FPSO Cidade de Vitória on the Golfinho field in Brazil, more than a year after it reached a deal with the FPSO's Italian owner Saipem.The two companies had signed a memorandum…
Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday.The auction, held by the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development…
U.S. oil producer Chevron on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms ahead of hurricane Idalia.Idalia was expected to become a major hurricane on Wednesday with sustained winds topping at least…
Equinor is set to trial the use of autonomous robots for subsea leak detection services in the North Sea.The Norway-based energy company has tapped Houston's Nauticus Robotics and its Norwegian technology partner Stinger Technology for the pilot project…
Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labour action in a dispute over pay and conditions.Chevron's Gorgon and Wheatstone projects account for more than 5% of global LNG capacity…