Offshore helicopter operator NHV Group has won a contract with offshore installation firm Allseas to provide helicopter services in support of the Energinet Europipe II Branch Pipeline project. The weekly H175 flights will depart from NHV’s base in Esbjerg…
Ocean Winds, a JV created by EDP Renewables and Engie last year, has signed a deal with Terna Energy to work on the development of floating offshore wind projects in the Greek seas.Ocean Winds, which has an offshore wind portfolio comprised of 1…
Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executive of Saudi Aramco told an oil and gas conference on Tuesday.Global demand for oil is likely to recover from the second half of the year…
It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…
Oceaneering's Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract covering the Murphy Oil-operated Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.The work scope includes…
Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…
Oil company executives at CERAWeek by IHS Markit were adamant on Monday that crude demand will rise over the coming decade and that the fossil fuel will remain a crucial part of the energy mix even as renewables draw increasing attention.Climate…
Global Offshore, an offshore cable installation, repair, and trenching services provider, has won a multi-year offshore wind farm cable maintenance and management framework agreement with Equinor.Global Offshore, a Global Marine subsidiary,…
A former sales manager of Dutch energy services company SBM Offshore was sentenced on Monday to three-and-a-half years in jail after being convicted by a London jury of bribing public officials to win oil contracts in post-occupation Iraq.Paul Bond…
Dutch offshore geotechnical survey firm Fugro has said it has won multiple contracts with Eni in Angola for geotechnical and environmental surveys off the coast of Angola between now and May.Fugro said that two of its vessels are currently active in the region…
Vysus Group, an engineering and technology consultancy, has been awarded a contract by Norway's Aibel for work on Equinor's Oseberg Field Center offshore Norway.The contract follows an award by Equinor to Aibel of a five-year portfolio deal…
RWE's Triton Knoll offshore wind farm in the UK has generated renewable electricity for the first time, the company said Monday.The project is located over 32 kilometres off the Lincolnshire coast, with a turbine array that covers an area of 145 square kilometres…
Alfa Laval has won a deal to supply Framo pumping systems for the foundations at Seagreen offshore wind farm, Scotland's largest offshore wind farm project.'It is the second order for pumping systems in this application and marks an important…
Oilfield services giant Baker Hughes and Norway's Akastor on Monday said they would create a joint venture that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s subsidiary, MHWirth AS (MHWirth).MHWirth provides advanced drilling solutions and services…
Oil prices open March 2021 on a strong note, supported by optimism about COVID-19 vaccinations, a U.S. stimulus package and growing factory activity in Europe despite coronavirus restrictions.Brent crude was up 63 cents or 1% at $65.05 a barrel by 1150 GMT…
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