German industrial insulation specialist Kaefer is exploring a sale of a minority stake, as it seeks to cope with fallout from the COVID-19 pandemic and low oil prices and to bolster its finances for future expansion, people close to the matter said…
Norwegian offshore energy services company Aker Solutions has appointed Marianne Hagen has been appointed executive vice president for sustainability and communications in a push to expand its work on sustainability.'Last year, Aker Solutions…
Offshore seismic survey contractors PGS and Shearwater GeoServices have been awarded framework agreements with Equinor for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS) in what Equinor said was a new way of working with seismic contractors…
Norwegian offshore vessel operator Solstad Offshore has secured contracts for four of its platform supply vessels in the North Sea, with Total, Equinor, and Serica, respectively.Total UK has awarded Solstad a term contract for Normand Springer…
The UK government on Tuesday launched three innovation challenges in the space of green energy sector including floating offshore wind, energy storage technology, and biomass production for which it allocated £92 million (~$127,7 million) in funding…
Testing, inspection, and classification company Bureau Veritas (BV) has been awarded a project certification contract for EolMed, a floating offshore wind farm pilot project in France developed by Qair and involving Total, Ideol, and Vestas Wind Systems A/S…
Marine technology company Sonardyne has deployed what it says is a new breed of underwater sensor that is able to self-calibrate, enabling precise, long-duration subsidence monitoring at all depths at Shell Ormen Lange offshore field. The company says this is the first such deployment at scale…
South Korean shipbuilding giant Samsung Heavy Industries must pay $411 million to offshore drilling contractor Stena Drilling, a London arbitration tribunal has ruled.The spat between the two companies began after Stena Drilling in 2017 terminated…
Belgium-based offshore installation contractor DEME Offshore and aerospace company Sabca have said they've successfully completed a series of autonomous drone tests at the Rentel offshore wind farm in the North Sea, 'preparing for autonomous surveillance…
The global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029, with opportunities for both existing and new players, energy intelligence group Wood Mackenzie said in a report on Tuesday…
CGG, a France-based provider of seismic data for the oil and gas exploration industry, on Tuesday announced the second phase of its multi-client 3D survey in the Northern North Sea. The company has awarded the survey contract to Shearwater GeoServices…
HitecVision-backed NEO Energy has agreed to acquire independent oil and gas company Zennor Petroleum from Kerogen Capital for up to $625 million, including deferred and contingent payments.The deal comes some two weeks after NEO acquired ExxonMobil's…
Ancala Midstream has secured a life-of-field contract to transport and process gas from the Lundin Energy-operated Solveig field located in the Norwegian sector of the North Sea.The first gas from the field is expected in Q3 2021 and will be…
Danish maritime services company Erria has today entered into a three-year agreement with the offshore drilling contractor Maersk Drilling under which it will handle marine warranty survey tasks related to relocation of Maersk Drilling's drilling rigs…
Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…
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