Norwegian floating offshore wind engineering firm Odfjell Oceanwind has launched a floating wind foundation design, the Deepsea Star, that will be able to take 15 MW and larger wind turbine generators (WTGs). The company has previously received…
Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”)…
OceanXpress, a crew change joint venture between Damen Shipyards Group and Ampelmann, recently secured a two-year offshore support contract in cooperation with Compagnie Maritime Monégasque (CMM) with Petrobras off the coast of Brazil.The Damen Fast Crew Supplier (FCS) 7011 Aqua Helix…
Russia's Lukoil is in talks with Indian companies to sell its stake in the Pecan oilfield off Ghana, which could help to break an impasse in submitting development plans for the field, sources familiar with the matter said. Talks between Lukoil officials and Indian companies…
Renewables investor Octopus Energy Generation plans a rapid increase in investment in offshore wind power after spending $1 billion in less than a year.The firm, part of Octopus Energy Group, said it has raised its stake in the 270 megawatt…
The Norwegian company HAV Group said Monday that its ship-design subsidiary, HAV Design, had signed a contract with Fincantieri Bay Shipbuilding to construct a newbuild service operation vessel (SOV) destined for the Coastal Virginia offshore wind project in the U…
U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…
Oil and gas major BP on Monday confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, that it will, together with its partners in the project offshore Mauritania/Senegal…
Capricorn Energy has appointed Clare Mawdsley, previously a director of finance, as its acting chief financial officer, replacing James Smith, the oil and gas producer, which will give a strategy update in April, said on Monday. Smith had stayed…
Woodside Energy lifted its final dividend on Monday after reporting a more than tripling of profit on a beefed-up oil and gas portfolio following its merger with BHP's petroleum arm and surging oil and gas prices, sending its shares over 2% higher…
Italian oilfield services group Saipem has agreed to charter a 7th generation deepwater drillship owned by the Oslo-listed Deep Value Driller AS.The drillship, also named Deep Value Driller, will start its contract upon reactivation works, which are expected to be completed in the summer of 2023…
The U.S. Bureau of Ocean Energy Management (BOEM) said Friday that it would hold an oil and gas lease sale in the Gulf of Mexico in March 2023.The Gulf of Mexico Oil and Gas Lease Sale 259 will offer approximately 13,600 blocks on 73.3 million acres in the Western…
Oilfield services company TechnipFMC saw 2022 inbound orders grow to $8.1 billion, a 20% growth versus 2021, and its CEO expects more to come in the future.'We are in the midst of a multi-year growth cycle,' said Doug Pferdehirt, the Chair and CEO of TechnipFMC…
Optical technology specialist Luna Innovations will provide monitoring services for what will become the largest offshore wind project in the United States - Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. The company’s EN.SURE…
The federal government of Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, a region of New South Wales, Australia.The government said that the proposed offshore wind area, which sits alongside the Hunter…
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