Aker Solutions has been secured a multi-million-dollar contract for the Northern Lights Phase 2 project by Equinor as technical service provider on behalf of the Northern Lights joint venture.The contract award, valued between $142 million and $237 million…
Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.SLB will oversee the delivery of 18 ultra-deepwater…
Offshore energy services firm Subsea7 has signed a contract with Equinor to act as a technical service provider (TSP) for the Northern Lights Phase 2 carbon capture and storage (CCS) project, offshore Norway.Subsea7’s scope includes engineering…
Offshore engineering solutions firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.Aquaterra Energy will…
W&T Offshore has announced the promotion of Huan Gamblin to Executive Vice President and Chief Technical Officer. Gamblin has over 20 years of energy industry experience.Tracy W. Krohn, Chairman and CEO, commented, “We are very pleased to promote…
Asset manager Apollo has agreed to acquire a majority stake in offshore energy solutions business OEG Energy Group as part of the transaction worth over $1 billion.Apollo, through its funds managed by its affiliates, will take the majority share…
Offshore engineering specialist Enersea and EPCI management expert IX Renewables have signed a memorandum of understanding (MoU) to enhance collaboration in the offshore wind sector.IX Renewables specializes in EPCI management, offering technical…
India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies as part of a $5 billion plan to grow output five-fold in the coming years, its chairman said on Tuesday.'I want to spend $5 billion on developing my project to get to 500…
Saipem has presented its Star1 semi-submersible floating wind foundation technology, which was recently selected for two floating wind projects planned in the Mediterranean Sea.Deriving its name for star-like shape, the Star1 technology consists of three arms converging at the center…
Shell has announced changes to its executive committee and leadership structure, as part of which the company’s Integrated Gas and Upstream Director Zoë Yujnovich will step down end of March 2025.After more than a decade of service with Shell…
Yunneng Wind Power joint venture partners have inaugurated the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW.Yunneng Wind Power joint venture consists of TotalEnergies with 29…
U.S.-based oilfield services provider Expro has secured a contract to supply tubular running services (TRS) as part of a major Carbon Capture and Storage (CCS) project in the Netherlands.The contract includes the recompletion and conversion…
Oil and gas company Vår Energi has selected Norwegian company Lufttransport RW to operate two new helicopters from manufacturer Leonardo on the Norwegian continental shelf (NCS) for the transport of offshore industry personnel.The new helicopters…
Yinson Production has completed the acquisition of Norway-based carbon capture and storage (CCS) company Stella Maris CCS from Altera Infrastructure.Stella Maris is developing a full CCS value chain, including carbon capture, intermediate storage…
NYK Line has become a co-owner of the crew transfer vessel (CTV) operator Northern Offshore Group (N-O-G) with the most recent investment, in preparation for the anticipated future expansion of offshore wind in waters closer to Japan.N-O-G operates…