Japan-based Shimizu Corporation has signed an offshore wind partnership agreement with the Dutch offshore installation giant Heerema Marine Contractors.The cooperation, targeting the Japanese offshore wind market, is primarily focused on installing turbine foundations…
Cameroon Oil Transportation Company (COTCO) has awarded Maersk Supply Service a mooring system maintenance project contract for a Floating Storage and Offloading unit offshore Cameroon.The contract is for the second phase of the mooring maintenance…
Australia's conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential.The long-awaited legislation will set up a framework for building…
Offshore energy companies have started searching for new bases away from Louisiana's devastated ports as oil and gas companies launch efforts to resume their Gulf of Mexico operations.Port Fourchon, a key hub for the offshore industry, was slammed…
Italian oil company Eni on Wednesday announced a major oil discovery in block CI-101 offshore Ivory Coast.'The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels of oil in place and between 1.8 and 2…
FPSO supplier BW Offshore has secured a $1.15 billion loan for the construction and operation of the FPSO for Australia-based Santos' Barossa offshore gas field.Earlier this year Santos and BW Offshore signed a contract for the delivery of an FPSO for the Barossa gas field…
Oilfield services giant TechnipFMC has shed more light on vessel contracts it recently secured with Petrobras in Brazil in cooperation with the Norwegian offshore vessel owner DOF.DOF last week said it had, in JV with TechnipFMC, secured three…
Global Underwater Hub, a newly formed UK-based subsea industry organization, has appointed Andrew Hodgson, a former CEO of Tyneside-based subsea engineering firm Soil Machine Dynamics, as its first chair. Hodgson will take up the role as the…
After the Biden administration on Tuesday said it would resume oil and gas lease sales, paused since January, National Ocean Industries Association (NOIA) said the move was good news for jobs and government revenues, and 'in no way a setback for climate progress…
Shares in Norwegian oil company Okea rose 4.7% at the opening of trading on the Oslo bourse on Wednesday, a day after the Norwegian government proposed changes to the petroleum tax system.The coalition led by Prime Minister Erna Solberg proposed…
Aker BP is set to lower the size estimate of the 2019-made Liatårnet discovery in the Norwegian part of the North Sea, after the related appraisal well hit lower than expected hydrocarbon volumes.The company said that pending further analysis…
Danish offshore vessel owner Esvagt is looking to recruit around 50 seafarers on the back of recently awarded contracts with energy giant TotalEnergies.'New long-term contracts with TotalEnergies on seven vessels for operations in the North…
Dutch offshore installation firm Van Oord has secured a contract to install offshore wind turbines at Italy's first offshore wind farm.The company's offshore installation vessel MPI Resolution has this week set sail to Italy where it will install the monopiles…
Africa-focused oil and gas company VAALCO Energy said Wednesday that its partners in the Etame field offshore Gabon had approved the plan to charter an FSO to replace the FPSO currently deployed at the Etame field.VAALCO, which first announced the FSO charter plans on August 26…
The Biden administration announced plans on Tuesday to open millions of acres for oil and gas exploration as the White House sought to comply with a court order requiring it to resume lease auctions.The move, which includes some 80 million…
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