Qatari company Milaha said Monday it had secured a five-year contract with QatarEnergy to deliver engineering, procurement, construction, and installation (EPCI) services for offshore projects in Qatar. The contract is worth QR 1.4 billion ($384…
The European Commission has chosen Technip Energies, X1 Wind, and a consortium of ten international entities, to deliver the NextFloat project, a program aimed at accelerating industrial-scale floating wind.NextFloat project's main objectives are to demonstrate a competitive…
Danish offshore wind installation contractor Cadeler A/S has secured a vessel reservation agreement with Baltic Power for the installation of more than 70 offshore wind turbine generators (WTGs) in the Polish Baltic Sea. This marks Cadeler’s entry into Poland's developing offshore wind market…
Edda Wind’s new Service Operation Vessel Edda Goelo (C416) was launched at Astilleros Balenciaga shipyard in Spain on Friday.Edda Goelo will serve as a mother vessel for wind turbine technicians as they perform maintenance work on offshore wind turbines…
Renewable energy firm RWE said this week that two of its project had been pre-selected for funding by the EU Innovation Fund - FUREC in the Netherlands, and an offshore wind farm off the German coast, in whose project company Nordsee Two GmbH RWE holds a 51% stake…
A 52-year-old man was medevaced Thursday from an offshore supply vessel about 36 miles southeast of Grande Isle, Louisiana.Watchstanders at Coast Guard Sector New Orleans received a call stating a crewmember aboard the offshore supply vessel…
Indonesia's oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday…
The U.S. House has this week passed the National Defense Authorization Act (NDAA), in which it attached a provision that would change rules for manning offshore vessels in U.S. waters, with the goal of fostering American jobs in the U.S. offshore wind sector…
A pool of banks will have to buy shares worth almost 600 million euros in Saipem SPMI.MI after a cash call by the Italian energy services firm fell short of the 2 billion euro target it was seeking from investors to shore-up its finances.Saipem on…
Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…
The European Commission has proposed to EU countries a deal with Azerbaijan to increase imports of natural gas and support the expansion of a pipeline to do this, according to a draft document seen by Reuters.The draft memorandum of understanding…
U.S. oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion in the same period a year ago, as commodity price volatility left buyers and sellers clashing over asset values…
The head of powerful armed group Hezbollah warned on Wednesday that 'no one' would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its 'rights' in extracting from areas off of its own coast.'If you don't give us the rights that our state is asking for…
Subsea service provider Reach Subsea has chartered Volstad Maritime's offshore construction vessel Deep Cygnus for four years, with an option to extend for one year.The vessel will be equipped with launch and recovery systems (LARS) and ROVs before the delivery to Reach Subsea…
Marine and energy equipment maker Wartsila will roll out its first methanol-powered engine in a new ship next year as the group accelerates green fuel technology options for shipping, a company executive said.With about 90% of world trade transported by sea…
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