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Ocean Infinity to Expand Armada Fleet with 'World's Largest' Robotic Vessels

Nov 23, 2020

Marine and offshore survey company Ocean Infinity, which recently announced plans to build the world's largest fleet of unmanned surface vessels - the Armada, is now adding what it says are 'world's largest marine robotic vessels' to the Armada fleet…

BP Agrees $332M Sale of London HQ

Nov 23, 2020

BP has agreed to sell its London headquarters for 250 million pounds ($332 million), a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy.BP also agreed to lease 1 St James's…

Turkey Extends Seismic Survey in Contested Waters in Eastern Mediterranean

Nov 23, 2020

Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region.NATO members Turkey and Greece are locked…

AqualisBraemar to Acquire LOC Group

Nov 23, 2020

Offshore energy and marine consultancy AqualisBraemar will acquire marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed group AqualisBraemar, which offers consultancy services to the offshore energy industries…

RWE Sells 49% Stake in Humber Gateway Wind Farm for $863M

Nov 23, 2020

Renewable energy giant RWE has agreed to sell to Greencoat a 49% stake in the Humber Gateway wind farm offshore the UK for GBP 648 million ($863 million). 'The disposal is part of RWE’s capital rotation program and the proceeds will be used to finance further growth in the renewable energy business…

Video: In Offshore Wind, Size Matters

Nov 20, 2020

The offshore wind industry has made great strides to become a cost-competitive option for grid and off-grid energy solutions. And today, the industry is growing faster than ever before, both in the well-established European market and in newer ones such as in China…

SeaMar Group Nets Long-Term Charter with MMT in U.S. Offshore Wind Space

Nov 20, 2020

Swedish marine survey company MMT has awarded a long-term contract for SeaMar Group's Deep Helder offshore support vessel.To contract comes following the recent six-month deal previously awarded for the vessel for work on the east coast of the U…

Woodmac: Quiet Year for Upstream M&A in Asia Pacific. Improvement Seen in 2021

Nov 20, 2020

The year 2020 is on course to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century, energy intelligence firm Wood Mackenzie said in a report this week, adding that the activity is expected to bounce back in 2021…

Equinor Given Green Light to Drill at Blasto Prospect in North Sea

Nov 20, 2020

Norwegian oil firm Equinor has been granted authorization to drill two wells at the Blasto prospect in the North Sea, off Norway.The Norwegian Petroleum Directorate said Friday it had granted Equinor a drilling permit for wildcat well 31/2-22…

MacGregor Delivers Goods for Chinese Floater

Nov 20, 2020

Cargotec's MacGregor has delivered a riser pull-in system for China-based oil firm CNOOC's Lingshui 17-2 semi-submersible production platform.The deepwater semi-submersible production unit is intended for operation in a deepwater natural gas field in the Qiongdongnan Basin…

ORE Catapult Invests in Innovative Wind Turbine Blade Manufacturing Facility

Nov 20, 2020

Offshore Renewable Energy (ORE) Catapult, UK-based innovation center for offshore renewable energy, is looking to lower costs and speed up the production of the wind turbine blade designs of the future with investment in a prototype blade manufacturing facility…

USA: Fugro Completes Mayflower Wind Site Survey

Nov 20, 2020

Dutch offshore survey services provider Fugro has completed a large site characterization field program off the coast of Massachusetts for Mayflower Wind, a joint venture between Shell New Energies and Ocean Winds.The 6‑month program involved…

Inpex Adds More Work for Solstad AHTS Duo at Ichthys Field

Nov 20, 2020

Norwegian offshore vessel operator Solstad Offshore said Friday that oil and gas company Inpex had extended charters for two of its anchor handlers in Australia.Japan's Inpex had in October 2019 awarded three-year contracts for two Solstad Offshore…

TGS in Argentina, Brazil Offshore Surveys

Nov 20, 2020

Norwegian oil and gas seismic data company TGS has returned to Argentina to complete the previously announced Malvinas 3D Multi-Client offshore survey, and has also announced two new surveys in Brazil.In Argentina, TGS has earlier this week…

PetroNor Acquires Offshore Assets in Guinea Bissau

Nov 20, 2020

Oslo-listed oil and gas company PetroNor has acquired SPE Guinea Bissau AB, a Guinea Bissau subsidiary of Sweden-based Svenska Petroleum. The acquisition entitles sub-Saharan Africa focused PetroNor to become the operator of the Sinapa (Block…

Current News

Equinor Scuttles Japanese Offshore Wind Plan

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As Strait of Hormuz Opens, Oil Falls

As Strait of Hormuz Opens, Oil

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