Swedish firm Vattenfall has obtained the right to develop the N-7.2 offshore wind power project off the German North Sea coast. The project is expected to generate enough electricity to power the equivalent of more than one million German households…
GMS, a UAE-based owner of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Thursday it had secured a new contract.The company said Thursday that the contract was at improved rates…
Singapore's Keppel Offshore & Marine has won a $2.8 billion contract with Brazil's Petrobras for the construction of a large FPSO for deployment at the Buzios field offshore Brazil.Scheduled for delivery in 1H 2027, the P-83 is a repeat order of the P-80 FPSO that Keppel O&M secured in August 2022…
ONE-Dyas has reached a final investment decision for the development of the N05-A gas field in the Dutch sector of the North Sea. The decision involves an investment of more than 500 million euros, and is the largest investment in a natural gas development in the Netherlands in the past 15 years…
Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has appointed Vestas as the preferred wind turbine supplier for the 1.1 GW Inch Cape Offshore Wind Farm in Scotland. The project, located 15 km off the Angus Coast on the East of Scotland…
The Kremlin on Wednesday said claims that Russia was somehow behind a possible attack on the Nord Stream gas pipelines were stupid, adding that the United States had opposed the pipelines and its companies had made big profits supplying gas to Europe…
Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive…
Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…
Three offshore lines of the Nord Stream gas pipeline system on the bed of the Baltic Sea sustained 'unprecedented' damage in one day, Nord Stream AG, the operator of the network, said on Tuesday.The bulletin was published after Sweden's Maritime…
Norway on Wednesday was beefing up security throughout its oil and gas sector to protect against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into the Baltic had been attacked.A military expert warned that the security of the Nordic country's oil sector…
U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production as it heads toward Florida.The hurricane entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous…
Akastor's subsidiary DDW Offshore has won a one-year contract with Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO 'Northern Endeavour' together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea…
Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a slight softening in the U.S. dollar.Analyst expectations that the Organization of the Petroleum Exporting Countries and allies…
Mexico's environmental regulator has no records of state oil company Pemex reporting a methane leak last December at the country's top oil field, according to the regulator's response to a freedom of information request filed by Reuters.'There…
GustoMSC and NOV Lifting & Handling said Tuesday they had developed a solution to improve offshore wind turbine blade installation efficiency.'Blades are highly susceptible to wind loads, so they currently take the most time to install,' the companies said…
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