Offshore drilling company Seadrill said all voting classes of stakeholders accepted its reorganization plan, including all 12 credit facilities and general unsecured creditors and shareholders, labeling the result as an important step to Chapter 11 emergence…
Sweden-based subsea survey and inspection firm MMT, part of Ocean Infinity, has appointed Sara Båth-Dahlström as CEO. Båth-Dahlström, who takes over on an interim basis, from Per-Olof Sverlinger, has been with MMT since 2019.MMT was acquired by Ocean Infinity earlier this year…
The first offshore wind turbine jacket foundation has been installed at Seagreen – Scotland’s largest offshore wind farm under construction - using Saipem 7000 crane vessel.Loaded on a barge at Global Energy Group’s Port of Nigg in the Highlands of Scotland…
Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have.'We have plenty of cash…
Xodus, a UK-based energy sector consultancy, has engaged a country manager and opened its first Asian office in Japan, eyeing work in the country's growing offshore wind industry.'Having previously delivered a range of projects in Japan, Xodus…
Offshore vessel owner DOF Subsea has entered a partnership deal with offshore survey firm Ocean Floor Geophysics Inc. (OFG) to offer Autonomous Underwater Vehicle (AUV) services to the international offshore industry.'The partnership will effectively…
Italian energy industry services firm Saipem has awarded Fugro a monitoring contract to support the construction of an LNG jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania.Starting in December, Fugro will deploy its InclinoCam…
Chinese shipbuilder Dalian Shipbuilding Industry Co. has won a contract to build two CO2 carriers for Northern Lights, a Norwegian carbon capture and storage project.Under the contract awarded by the Northern Lights JV, owned equally by Equinor…
Norwegian oil and gas company Vår Energi has made a smaller than expected discovery at the Rødhette exploration well in the North Sea, off Norway.Vår Energi's partner Longboat said Monday that the well formally named 7122/6-3 S had encountered…
Baron Oil has officially increased its stake in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said back in August that oil companies Corallian and Upland…
Beaches in a southern California city that were shut because of an oil spill last week are set to reopen on Monday morning, authorities said in a statement.City and state beaches of Huntington Beach city will reopen as water quality testing…
Oil and gas company BW Energy has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon.The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalizing the production sharing contracts (PSC) with the DGH…
Belgian offshore installation contractor DEME Offshore, has through its U.S. subsidiary DEME Offshore US LLC, secured a contract for the installation of offshore wind turbine foundations for the Vineyard Wind 1 project in the U.S.Vineyard Wind 1…
Nigeria's state-oil firm NNPC is now a fully incorporated company in compliance with a new petroleum law, President Muhammadu Buhari said on Friday.Buhari, who is also petroleum minister, signed an oil bill into law last month that had been in the works for nearly two decades…
BlueFloat Energy and Falck Renewables said Thursday they were looking into the possibility of developing floating offshore wind farms off the coasts of Cornwall and Wales in the Celtic Sea.The two firms are already partners in potential floating…
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