Huisman has signed two contracts for the supply of cranes and installation tools for Cadeler’s A-Class newbuild offshore wind farm installation vessels.The first contract is for the design and construction of a Leg Encircling Crane (LEC) and…
Shell is seeking government permission to drill up to five ultra-deep offshore wells off the west coast of South Africa, a draft scoping report from independent environmental consultancy SLR showed on Tuesday.The oil major plans to drill exploration…
Dutch shipbuilder Damen has secured a contract to build the sixth commissioning service operation vessel (CSOV) for offshore personnel transfer provider Windcat.The contract marks the further strengthening of the working relationship between Damen…
Scottish subsea specialist Sulmara has completed a site characterization survey for the Formosa 4 offshore wind farm in Taiwan, being developed by Synera Renewable Energy (SRE).Sulmara’s team employed a multi-platform approach running the sensors…
Weak refining margins and lower oil trading results will dent BP's second-quarter profit by up to $700 million, the company said on Tuesday, sending its shares down by over 3%.The warning, which led several analysts to lower their earnings estimates…
Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis, it said on Tuesday.MET Group said the agreement will enable it to further diversify its LNG supply portfolio…
Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…
Vard has launched the cable laying vessel (CLV) being built for Danish offshore services firm NCT Offshore, ahead of delivery planned later in 2024.The newbuild CLV, named Freja, has been launched at Vard Shipyards in Tulcea, Romania.The vessel features VARD 9 01 design…
Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…
Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico.The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina…
U.S. offshore wind aspirations, both federal and state, have resulted in excitement about the potential opportunity of a large U.S. offshore wind market. But uncertainty, initially financially driven and increasingly a result of political uncertainty…
Interocean Marine Services announced its expansion into new Aberdeen and Glasgow premises, reinforcing growth for the maritime experts.Coordinated by FG Burnett, the new Aberdeen warehouse and workshop facility - which are located in Aberdeen’s…
SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic Power offshore wind farm.The services will be kicked off with the preparatory phase in summer, with operations starting in the last quarter of 2024…
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online…
Danish engineering group Ramboll has secured a foundation design contract for Gennaker offshore wind farm in the German Baltic Sea.Ramboll's scope of work includes developing the basic and detailed design of 63 monopile foundations that will…