MODEC and Terra Drone Corporation have entered into a joint research and development agreement to enhance inspection drones for floating production, storage and offloading (FPSO) vessels.The agreement follows the memorandum of understanding signed by the companies in November 2023…
Indian multinational conglomerate Larsen & Toubro (L&T) has secured an order from India’s Oil & Natural Gas Corporation (ONGC) for the eight phase of Pipeline Replacement Project (PRP-VIII Group B) off India's west coast, worth up to $300 million…
London-based Gibson Shipbrokers and Malaysian state-owned Sabah Oil & Gas Development Corporation (SOGDC) have signed an agreement to develop oil and gas facilities in the Southeast Asian nation's Sabah state.The oil and gas facilities will…
China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas reserves and tackle harder-to-extract non-conventional resources, state energy group CNPC said on Monday.This is in…
China’s state-run China National Offshore Oil Corporation (CNOOC) has brought onstream the first oil field in China that features low-carbon design and receives power from the shore for its operations in South China Sea.Located in Beibu Gulf of the South China Sea…
The Vineyard Wind 1 offshore wind farm, being built by Iberdrola’s Avangrid and Copenhagen Infrastructure Partners (CIP), has become the largest operating offshore wind farm in the United States, with the commissioning of 10 turbines totaling 136 MW…
Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment.There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology…
Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation effort by companies that operate in the basin amid greater tax pressures.A…
American Offshore Services (A-O-S) announced the launch of its second crew transfer vessel (CTV), Generater, designed to support the United States' growing offshore wind industry.Generater is a 99-foot, Jones-Act-qualified catamaran built to serve wind farms off the U…
Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of new service operation vessel (SOV) for Taiwanese offshore wind operations.This is the third newbuilding SOV for TSSM, a joint venture between Mitsui O…
American Bureau of Shipping (ABS) and Dutch company FibreMax have signed an agreement to collaborate on stiffness-driven mooring tendons for the floating offshore wind market.The collaboration, which is principally focused on floating offshore wind assets…
Norwegian company Scana has expanded internationally through the establishment of subsidiary in Namibia, which is emerging as an exploration hotspot followed by recent deepwater oil discoveries.Scana-owned PSW Technology is following key customers…
Norwegian oil and gas company Aker BP and its partners have discovered gas in a wildcat well, drilled in the Barents Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The well 7324/8-4 (Hassel) represents the second well drilled in the production license 1170…
Oilfield services company SLB has, through its joint venture OneSubsea, secured a contract from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric subsea production systems project in the Fram Sør field, offshore Norway…
Canada-based oil and gas company Valeura Energy has suspended production at its fully-owned Wassana field, offshore Thailand, due to the damage on mobile offshore production unit (MOPU) identified during routine inspection.During a scheduled…
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