Offshore drilling rig contractor Seadrill said Tuesday it had generated $414 million in total operating revenues, a sequential increase of $148 million, or 56%, benefitting from contracted rigs acquired as part of the Aquadrill transaction, completed on April 3…
Salamander, a floating offshore wind joint venture between Ørsted, Simply Blue Group, and Subsea7, looking to develop a 100 MW floating wind farm in Scotland, has appointed Hugh Yendole as development director.Yendole has more than 25 years of experience in the wind industry…
Norway-based firm Nymo will build advanced equipment for a new platform on the Aker BP-operated Valhall field in the North Sea, off Norway.According to Aker BP, the scope of work ensures high activity, triples the number of apprentices and ensures…
CDWE has completed the installation of the first jacket of the Zhong Neng offshore wind farm in Taiwan.The Zhong Neng Offshore Wind Project is a 300MW project located off the western coast of Changhua. It is co-owned by China Steel Corporation…
Iran's oil exports have surpassed the government's 1.4 million barrels per day target, the head of Iran's Plan and Budget Organisation said on Sunday, according to the semi-official Tasnim news agency. 'Based on Iran's current budget, the government aims at exporting 1…
Oslo-listed FPSO leasing firm BW Offshore has signed another short-term extension for one of its FPSOs in Nigeria, with the end goal of selling the unit.The company said Monday it had signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd…
The Golar Gimi FLNG unit, being built for BP's Tortue Ahmeyim project in Senegal/Mauritania offshore area, is set to sail away next month.According to Golar LNG, tasked with delivering the unit, the FLNG Gimi conversion works 97% complete. Golar…
UK-based drilling waste management company TWMA said Monday it had secured a contract worth up to $15 million to support a large-scale oil and gas project for BP in Egypt.TWMA will use its RotoMill drill cuttings processing technology to process…
Hexicon, a floating wind power technology developer, has appointed Max Ek as its interim Chief Financial Officer (CFO), succeeding Anders Rössel whose departure was announced in July. Ek has during the past 2 years worked at Hexicon as Head…
HAL, the Dutch investment subsidiary of HAL Holding, has agreed to sell 60% in IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets.HAL acquired IQIP from Royal IHC in March 2023…
Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ('FRP') of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025…
The comfort that had characterised natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian liquefied natural gas (LNG) plants.In the blink of eye, a market…
SFL Corporation has signed an offshore drilling contract in Canada with a subsidiary of the Norwegian oil firm Equinor for the harsh environment semi-submersible rig Hercules. The estimated contract value is approximately $100 million.The contract is for one firm well plus one optional well…
Danish power cable maker NKT has won a contract to design and produce the offshore export power cable system for the Polish offshore wind project Baltic Power.'The project is important for the transition to renewable energy in Poland and the…
Norway will narrowly avoid a power deficit the next five years despite few production additions, as the last two years' high prices led to more permanent demand cuts, the Norwegian Water Resources and Energy Directorate (NVE) predicted on Monday…
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