OEG has acquired Hybrid Resource Management, an onshore and offshore wind workforce solutions provider, in a move to strengthen its technical services capability and expand its presence in the operations and maintenance (O&M) wind market across the UK and Europe…
Aramid hybrid rope cuts snap-back risk and deck contamination on 6,000m OSVWhen Stabbert Maritime configured its multipurpose support vessel Ocean Guardian for continuous deepwater operations, the company expected the lifting system to be a workhorse…
Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…
Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…
Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…
Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…
BP and its partners have started non-associated gas (NAG) production at the Azeri-Chirag-Gunashli (ACG) field offshore Azerbaijan, marking the first commercial gas production from one of the world's largest oil-producing fields.The initial gas…
DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…
TouchWind has installed its floating wind turbine prototype at Fieldlab Green Economy Westvoorne in the Netherlands, moving the POWER project into the in-water testing phase.The POWER project, short for ‘POsitive Wake Effects of turbines with tilted Rotors’…
Polish oil refiner Orlen is seeking a partner for its planned Baltic East offshore wind project, CEO Ireneusz Fafara told reporters on Thursday.The 1-gigawatt wind farm will neighbour Orlen's most advanced offshore project, the Baltic Power site which the company is currently finishing…
Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…
Mexican billionaire Carlos Slim said on Tuesday that a deepwater natural gas project his company Grupo Carso agreed to develop alongside state-run oil company Pemex is 'irrational,' raising questions about the future of the project.The Lakach…
Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…
Borr Drilling has reported a wider first-quarter loss as delayed start-up work for the Odin jack-up rig and contract transitions weighed on earnings, while the offshore driller continued expanding its fleet and contract backlog.The company posted…