Canada's Tenaz Energy on Thursday said it had entered into an agreement with NAM, a joint venture between Shell, ExxonMobil and the Dutch government, to acquire all issued and outstanding shares of NAM Offshore B.V. for 165 million euros($180…
Vineyard Wind on Thursday warned that more debris from a broken offshore wind turbine could wash ashore along the Massachusetts coast after a large remaining portion of the damaged blade fell into the ocean.Vessel crews are working to remove the debris…
Trinidad and Tobago's High Court on Thursday reaffirmed a decision recognizing U.S. oil producer ConocoPhillips' arbitration claim against Venezuela, which could freeze the Caribbean country's payments to its neighbor for joint natural gas projects…
Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil and gas as part of a hydrocarbon cooperation deal between two countries, Turkish energy ministry said on Thursday.'We will send our Oruc Reis vessel at the end of September…
Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.The two top U…
Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global marine and logistics fleet of 104 vessels as part of partnership with Opsealog, aimed at boosting efficiency and reducing greenhouse gas (GHG) emissions…
Norwegian seismic company TGS has secured the extension contract for the deepwater Ocean Bottom Node (OBN) data acquisition campaign in West Africa.The additional program for a major customer, whose name was not disclosed, will extend the ongoing…
Norway-based offshore vessel owner Rem Offshore has signed a contract with shipbuilder Vard for the design and construction of a new commissioning service operation vessel (CSOV) for offshore wind services.This will be the third CSOV Vard will deliver to Rem Offshore…
The consortium made up of Dragados Offshore – a subsidiary of Cobra IS, a VINCI company – and Siemens Energy has been awarded a $3.17 billion (€2.9 billion) contract by the German transmission system operator 50Hertz to design, build and install of two electrical conversion stations…
Repsol and EDF Renewables have signed an exclusivity agreement to cooperate on future offshore wind tenders in Spain and Portugal.The collaboration brings together Repsol's commitment to multi-energy growth and knowledge of the Spanish and Portuguese…
Saipem has secured a contract for the supervision and the subsea intervention services of the GreenStream pipeline, throughout the offshore and onshore sections at Libya and Italy terminals.The new contract, awarded by GreenStream, one of the leading midstream players in the Mediterranean Sea…
Acteon’s InterMoor has completed the construction of 12 mooring piles for the Salamanca floating production unit (FPU) located in the U.S. Gulf of Mexico and operated by LLOG Exploration.The 12 piles, built with over 2,000 tons of steel, are 80’ long and 16’ OD…
MODEC has secured an Approval in Principle (AiP) for Abate Notation from classification society DNV for its FPSO Bacalhau, set for deployment at an Equinor-operated oil project offshore Brazil.In this project, a comprehensive assessment of greenhouse…
Carnarvon has informed that the joint venture in charge of Dorado project, one of the largest offshore oil discoveries in Western Australia, is finalizing the assessment of key optimization opportunities, expected to improve project economics and significantly lower upfront CAPEX…
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.Pursuant to the signed agreement, Chevron as the operator will retain a 40% interest, while Paradise Oil Company…
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