Offshore Engineer Industry News News - page 695

 

Report: Exxon, SBM Offshore in Talks to Build Fourth FPSO for Guyana

Nov 12, 2021

Exxon Mobil is in discussions with Dutch contractor SBM Offshore NV to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said.The talks include the potential for some future platform assembly in Guyana…

ABSG Consulting, Global Maritime Partner for US Offshore Wind

Nov 11, 2021

Operational risk management company ABSG Consulting Inc. and marine offshore and engineering consultancy Global Maritime announced their alliance to support the U.S. offshore wind sector. Global Maritime's U.S. subsidiary, American Global Maritime Inc…

MMA Offshore Buys Stake in Taiwanese Survey Firm GAS to Target Offshore Wind Work

Nov 11, 2021

Australian offshore services firm MMA Offshore has acquired 49.9% of the shares in the Taiwanese survey company Global Aqua Survey Ltd to form a new joint venture, the MMA Global Aqua JV, which will target the quickly growing offshore wind sector in Taiwan…

'Beyond Oil' Alliance Lands Members, but No Support from Large Oil Producers

Nov 11, 2021

A fledgling international alliance to halt new oil and gas drilling added four members on Thursday during the UN climate conference in Scotland, but did not get the support of any major fossil fuel producers or the conference host Britain.The…

AqualisBraemar LOC to Acquire UK Ops of Ship Designer OSD-IMT from Damen

Nov 11, 2021

AqualisBraemar LOC, an energy and marine industry consultancy, has agreed to buy the UK operations of ship design and marine consultancy company OSD-IMT from the Dutch-based Damen Shipyards Group.OSD-IMT is a specialist consultancy in ship design for new build…

UK: NKT Connects Moray East Offshore Wind Farm to Shore

Nov 11, 2021

Marine power cable company NKT has completed the power cable system connecting the 950 MW offshore wind farm Moray East in the UK to shore.NKT has commissioned the power cable project comprising three 220 kV HVAC power cable systems for the…

Sweden Charges Lundin Executives for Complicity in Sudan War Crimes

Nov 11, 2021

Swedish prosecutors on Thursday brought charges against the chairman and former CEO of Lundin Energy for complicity in war crimes carried out by the Sudanese army and allied militia in southern Sudan from 1999 to 2003.Prosecutors said the company…

Petrobras Taps PXGEO for OBN Survey Offshore Brazil

Nov 11, 2021

Offshore seismic surveyor PXGEO has been awarded an ocean bottom node survey contract in Brazil.PGXEO said that the project, awarded by the Brazilian oil company Petrobras, would start in the second quarter of 2022.The contract will last for around three months…

Santos $6B Takeover of Oil Search Gets Tepid Backing from Independent Expert

Nov 11, 2021

Oil Search shareholders are set to vote on Dec. 7 on a merger with Santos Ltd after gaining approval from a Papua New Guinea court and a mixed endorsement from an independent expert.If it goes ahead, the A$8.8 billion ($6.5 billion) takeover…

Siem Offshore's Vessel Hired for Offshore Wind Work

Nov 11, 2021

Siem Offshore has won a contract for its multi-purpose support vessel Siem Dorado in the offshore wind market.The Norwegian vessel owner said the up to 210 days firm contract plus options, was with an undisclosed international client.The contract…

ExxonMobil 'Back on Track' to Meet Target to Double Earnings -CEO

Nov 10, 2021

Exxon Mobil Corp's chief executive said on Wednesday the company is confident it will hit a target to double earnings and cash flow from operations, adding that consumers and governments must decide how quickly the world moves to cleaner fuels…

Malaysia: Serba Dinamik Sues EY. Seeks to Block Release of Findings

Nov 10, 2021

Oil services firm Serba Dinamik Holdings said on Wednesday that it filed a lawsuit against EY Consulting, seeking to restrain the audit firm from releasing any findings or report on the group.In a stock exchange filing, Serba said it filed an…

Eni Hires JP Morgan to Work on Vår Energi Listing - Sources

Nov 10, 2021

Italian energy group Eni has hired JP Morgan to work on a possible listing of its Vår Energi joint venture which could value the Norwegian oil and gas operator at up to $15 billion, three sources familiar with the matter said.A final decision…

Eneti to Raise $200M for WTIV Construction via Share Sale

Nov 10, 2021

Offshore wind turbine installation firm Eneti plans to raise $200 million through a public offering of shares. It will use the funds raised to fund wind turbine installation vessel newbuilding program consisting of one contracted newbuilding vessel…

Noble Corp. Shareholder to Vote Against Maersk Drilling Merger

Nov 10, 2021

Following the announcement of a proposed merger between offshore drillers Maersk Drilling and Noble Corporation on Wednesday, a Noble shareholder said it would vote against the deal.The combination is a primarily all-stock transaction where…

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