Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans’ efforts to boost fossil fuel production…
Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel, which will operated offshore Australia.Under the terms of the agreement, Strategic Marine will construct the advanced…
Terna Energy, a subsidiary of Masdar Group, has teamed up with Motor Oil for the development of first offshore wind farm in Greece.The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE)…
Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico.The project involves the installation of a high-pressure 27-kilometre subsea…
French oil major TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday.TotalEnergies and Partners Group declined to comment…
Norway-based Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company, to continue to provide its services offshore Norway.The extension will enable Axess to continue delivering services to seven platforms in Norway…
Mooreast Holdings Ltd. announced today it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer (“CEO”) amid growing adoption of floating wind energy projects worldwide…
Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider…
Egypt's president met with Eni CEO on Monday to discuss moves aimed at supporting gas production, the Italian energy group said after the African country was forced to turn to the liquefied natural gas (LNG) market to cover domestic demand.The…
MOL Group and Turkish Petroleum Corporation (TPAO) have signed a memorandum of understanding (MoU) to cooperate as strategic partners in the exploration and production of hydrocarbons.The companies agreed to elevate their cooperation to a new…
Oil and gas company NEO Energy has informed its chief executive officer (CEO) Paul Harris has stepped down from the position after less than two years at the position.Paul Harris will support the business until the end of year to assist with an orderly transition of his responsibilities…
Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments…
Offshore services firm Subsea7 has secured a sizeable contract for a subsea tieback development in the U.S. Gulf of Mexico.Subsea7 will be responsible for transporting and installing the flowline, umbilical, and associated subsea components for the tieback…
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