Portugal's Galp Energia on Monday reported its second quarter adjusted net profit jumped 16% and beat expectations as higher oil price and lower cost of production offset lower production and stable refining margin.It booked an adjusted net profit of 299 million euros ($325…
Marine consultancy and survey company ABPmer has been appointed by Crown Estate Scotland to support the work related to the integration of Scottish survey findings into the Marine Data Exchange (MDE), the UK’s resource for offshore industry survey data…
JERA’s Parkwind has installed a vessels charging system, supplied by UK-based MJR Power & Automation, at its Noblewind offshore wind farm in the Belgian North Sea.The boat charging station system at sea has been designed to minimize greenhouse…
Perenco UK has completed a campaign of velocity string installations on five wells at the West Sole Charlie platform in the Southern North Sea, improving its gas production.The campaign was conducted by the Petrodec HAEVA rig and has delivered sustained production gains of around +5 MMscf/d…
Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat.Tensions are high between Beijing and Brussels…
India’s Oil and Natural Gas Corporation Limited (ONGC) Videsh has signed a definitive $60 million sale and purchase agreement (SPA) with Equinor to increase its stake in the offshore Azeri Chirag Gunashli (ACG) oil field and associated pipeline in Azerbaijan…
Subsea controls specialist J+S Subsea has completed its first project in Canada, which involved the supply of three subsea battery-powered control systems to maintain integrity of the subsea electrical infrastructure at an offshore oil and gas field…
Offshore drilling contractor Noble Corporation has set out plans to voluntarily delist from NASDAQ Copenhagen, as the listing no longer justifies the associated costs.Noble said it will remain traded on the New York Stock Exchange (NYSE), as its primary listing exchange…
TechnipFMC has secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by oil and gas company Energean for its Katlan development in the Mediterranean Sea.This is Energean’s first project to use TechnipFMC’s configure-to-order Subsea 2…
Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global marine and logistics fleet of 104 vessels as part of partnership with Opsealog, aimed at boosting efficiency and reducing greenhouse gas (GHG) emissions…
Norway-based offshore vessel owner Rem Offshore has signed a contract with shipbuilder Vard for the design and construction of a new commissioning service operation vessel (CSOV) for offshore wind services.This will be the third CSOV Vard will deliver to Rem Offshore…
The consortium made up of Dragados Offshore – a subsidiary of Cobra IS, a VINCI company – and Siemens Energy has been awarded a $3.17 billion (€2.9 billion) contract by the German transmission system operator 50Hertz to design, build and install of two electrical conversion stations…
Repsol and EDF Renewables have signed an exclusivity agreement to cooperate on future offshore wind tenders in Spain and Portugal.The collaboration brings together Repsol's commitment to multi-energy growth and knowledge of the Spanish and Portuguese…
Saipem has secured a contract for the supervision and the subsea intervention services of the GreenStream pipeline, throughout the offshore and onshore sections at Libya and Italy terminals.The new contract, awarded by GreenStream, one of the leading midstream players in the Mediterranean Sea…
Norwegian seismic company TGS has signed a global multi-year agreement with Shell to license the TGS Imaging AnyWare software suite, announcing also it has secured another contract for the Ocean Bottom Node (OBN) data acquisition work in North America…
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