Maersk Supply Service, with the support of Maritime Developments (MDL), has completed a complex dynamic riser assembly installation at Brazil’s Mero field in the pre-salt Santos Basin, connecting the deepwater site to a Permanent Reservoir Monitoring (PRM) sensor grid…
Operators are being urged to boost the efficiency of production from North Sea fields by extending the life of existing oil and gas wells, according to a new report from the North Sea Transition Authority (NSTA).Interventions, industry’s term for this type of activity…
The European Court of Human Rights on Tuesday ruled in favour of Norway's government in a climate lawsuit brought by young activists who claimed the country's policy of Arctic oil exploration had put their future at risk.Norway is western Europe's largest oil and gas producer…
Norwegian offshore support vessel owner Havila Shipping has signed a contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, signed on market terms, is planned to be in direct continuation of existing contract for a firm period until late fourth quarter 2026…
Pharos Offshore Group has expanded its subsea trenching fleet with the acquisition of the 620-horsepower UTV620 jet trencher, bolstering its seabed intervention and cable protection capabilities amid rising demand across offshore wind, telecoms…
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.The latest awards include a mix of…
Venezuela's oil ministry will ask the presidency to suspend a wide cooperation agreement with Trinidad and Tobago for energy development, including joint gas projects in negotiation, the South American country's oil minister said.Trinidad's…
Britain is offering a smaller budget for offshore wind in its next auction round to spur investment in renewable power capacity, government documents showed on Monday, with one analyst saying the country will struggle to meet its clean power targets…
The Regulators’ Pioneer Fund has awarded the North Sea Transition Authority (NSTA) USD$143,000 (£107,000) for a project intended to make North Sea data easier to access. The funding will be split between two workstreams, one creating an enhanced…
Astro Offshore, an Adani Group Company, announced the addition of Astro Achernar, its 50th vessel, marking a defining moment in the company’s journey of rapid expansion and continued success.The 88-meter DP2 Diesel Electric Multipurpose Support…
Siemens Gamesa has confirmed it has scrapped plans to build an offshore wind turbine nacelle factory at Denmark’s Esbjerg Port.The offshore wind turbine manufacturer confirmed it will not proceed with the development of the nacelle plant at the port of Esbjerg at this time…
Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex.The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that…
Tenaris has secured the supply of casing and tubing for the Trion project, located 180 km off the Mexican coastline, and operated Woodside’s Mexican subsidiary.Tenaris will also provide line pipe and coatings for bends, flowlines and risers as part of the project’s subsea infrastructure…
Portugal's Galp Energia reported an 11% increase in adjusted third-quarter core profit on Monday, beating analysts' estimates, driven by a jump in refining margins and robust gas trading.The energy firm reported adjusted earnings before interest…
U.S.-based offshore and marine services company Otto Candies has acquired four multi-purpose support vessels (MPSVs) from Harvey Gulf International Marine.The vessels acquired by Otto Candies are the Harvey Blue-Sea, Harvey Sub-Sea, Harvey Deep-Sea…
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