Offshore drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico. 'The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days…
British oil major BP, working to beef up its renewables business, has signed an exclusive consultancy agreement with Quaybridge, a UK-based renewables consultancy with expertise in offshore wind.'The two will work together to advance BP’s global…
Norwegian energy giant Equinor has chartered Floatel International's offshore accommodation rig Floatel Victory.Equinor will use the semi-submersible flotel for maintenance and safety services alongside the Peregrino FPSO offshore Brazil.The…
Australia's Santos Ltd increased the lower end of its annual production outlook on Thursday and reported a 37% jump in second-quarter revenue, helped by higher prices and increased demand for natural gas.The country's second-largest independent…
Norwegian marine seismic data acquisition company PGS has signed a MoU with the French geoscience firm CGG, with a plan to combine their seismic MultiClient products and technical capabilities applied to the Carbon Capture Utilization and Storage (CCUS) industry…
TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…
Norway's oil production lagged official expectations in June, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.NPD cited technical problems and maintenance outages as reasons for the lower-than-expected production…
Iberdrola is looking to new markets to help fuel growth and could even consider spinning off its offshore wind business to raise funds, the global wind power group said on Wednesday.In first-half results, Europe's biggest wind power group said…
Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday…
Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.The Houston, Texas-based company reported a 33…
Apollo Global Management has recently informed that certain funds managed by its affiliates have signed an exclusive agreement to invest in the Arthur Kill Terminal project, dubbed a major offshore wind energy staging and assembly port under development in Staten Island…
Norwegian energy giant Equinor has teamed up with RES and Green Giraffe to form Océole, a company dedicated to developing floating offshore wind in France. Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government…
A solar energy company has sued the Department of the Interior over its approval of the nation's first major offshore wind farm, alleging that the project off the coast of Massachusetts threatens the area's fishing industry and imperiled marine life…
Finland-based marine and energy equipment maker Wärtsilä expects the third quarter of the year to be better than the corresponding one of 2020 but has warned that prevailing market conditions make the outlook uncertain.The company made the statement…
Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible…
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