Neptune Energy on Wednesday announced the award of a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the U.K. southern North Sea.The contract, awarded following a competitive tendering process…
Global offshore wind developer Ørsted inaugurated the Ørsted Taiwan Offshore Wind Farms Operations and Maintenance (O&M) Hub. Located at the Port of Taichung, the O&M hub is the first operations facility with green design and the largest in…
U.K.-based offshore engineering and technology company Osbit said it has completed its first project for Shimizu, following the delivery of a bespoke walk to work access system for the company’s new–build offshore jack-up vessel for offshore wind constructions…
Engineering firm Wood said it has been awarded the Principal Designer and Pre-FEED scope for Salamander, the 100MW floating wind farm development located 35km off Peterhead in the East Coast of Scotland.The Salamander project, a joint venture between Simply Blue Group…
Brazil's state-controlled oil company Petrobras will distribute at least twice as much as the biggest international oil producers in second quarter dividends, boosting the government's coffers amid a tense presidential campaign.The five biggest Western oil producers - Exxon Mobil Corp…
Offshore drilling contractor Transocean on Monday reported it has secured contracts for two of its ultra-deepwater drillships.The company said its Deepwater Conqueror has been awarded a two-year contract by a major operator for work in the U…
Italian energy industry services provider Saipem said it has secured a contract worth approximately €300 million for the transport and installation of an offshore gas pipeline offshore Italy.The E&C contract was awarded by Eni subsidiary Enimed…
Technology developer X1 Wind said it has laid its dynamic cable clearing way for final installation of its fully functional floating wind prototype at the PLOCAN Test Site, in the Canary Islands.Having installed the modular concrete gravity anchoring system last spring…
Oilfield services firm TechnipFMC announced it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy Project in Guyana.Subject to final project sanction, TechnipFMC will provide engineering…
Japanese trading houses Mitsui & Co and Mitsubishi Corp have cut the value of their stakes in the Sakhalin-2 liquefied natural gas (LNG) project in Russia by 217.7 billion yen ($1.66 billion) following Moscow's move to seize control of the project…
Norwegian engineering firm Aker Solutions said on Tuesday it has won a contract from Shell to build an offshore platform for Britain's Jackdaw gas field.The offshore field about 250 kilometers east of Aberdeen is expected to account for over…
Australia's threat to curb exports of liquefied natural gas (LNG) in order to ensure domestic supplies is another unwelcome pressure on a tight global market for the super-chilled fuel.But it's not an immediate threat, and it may also not materialize at all…
U.S. President Joe Biden vowed during his 2020 election campaign to end federal oil and gas drilling as a major step in his strategy to fight climate change.The U.S. Senate Democrats' $430 billion spending bill agreed this week could kill that pledge…
Danish offshore wind installation contractor Cadeler on Monday said it has signed an agreement with Ørsted for the installation of offshore foundations at the Hornsea 3 offshore windfarm, off the east coast of the U.K.Scheduled to begin in 2026…
Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU)…
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