Dutch shipbuilder Damen is putting finishing touches on its 'ground-breaking' Fast Crew Supplier (FCS) 7011 vessel class – the Aqua Helix - with Ampelmann gangway recently installed and integrated with the ship’s systems, and the vessel undergoing the final stages of sea trials…
An oil vessel used for storage that exploded off the coast of Nigeria last week had not been maintained for some time and had technical issues, two sources and an environmental group said on Friday, as its wreckage lay in the sea after the fire was put out…
Strategic Marine announced it has completed the acquisition of a significantly larger shipbuilding facility in Singapore in a move intended to boost the company's shipbuilding capacity and product range.Strategic Marine has acquired the fixed…
Off the Massachusetts and New York coasts, developers are preparing to build the United States’ first federally approved utility-scale offshore wind farms – 74 turbines in all that could power 470,000 homes. More than a dozen other offshore…
Italian energy services firm Saipem, which on Monday issued a profit warning that sent its shares down to historic lows, on Friday appointed Eni's Alessandro Puliti as General Manager of the company.Born in Florence in 1963, Puliti has served…
NOV's GustoMSC subsidiary has secured a contract for the equipment and design of a GustoMSC NG-16000X wind turbine installation jack-up vessel for Eneti.Eneti is a new offshore wind player born out of a pivot into offshore renewables by what used to be a bulk carrier specialist Scorpio Bulkers…
ExxonMobil has awarded a long-term contract to offshore vessel owner DOF Subsea for the provisions of multi-purpose supply vessel services in Australia.The contract is for three years firm plus two one-year extension options. Under the contract…
Following recent reports that Shell has made an oil discovery offshore Namibia, the confirmation came Friday from its partners QatarEnergy and NAMCOR.QatarEnergy, which used to be called Qatar Petroleum, has confirmed that oil was found in a deepwater exploration well drilled in the Orange Basin…
The Trinity Spirit FPSO, operated by Nigeria's SEPCOL, exploded Wednesday and started burning, and, according to videos shared on social media, sinking. However, according to Rystad Energy, the incident is not expected to have an impact on Nigerian…
Meridian Capital International Fund, a 19.28% shareholder of Africa-focused oil explorer FAR Limited, has rejected the takeover bid for Far launched earlier this week by Samuel Terry Asset Management.Earlier this week, Samuel Terry Asset Management…
Norwegian offshore vessel operator Solstad Offshore has secured several contracts for its construction support vessels.The contracts, for deployment in the North Sea, Brazil and West Africa, will have a combined total length of 640 days, with additional extension options available upon expiration…
Australian oil and gas company Carnarvon Energy said Friday that the Noble Tom Prosser jack-up drilling rig was on its way to the Pavo-1 well location, offshore W. Australia.Santos is the operator of the project, and Carnarvon is a partner with a 30% interest…
Oil and gas firm Vaar Energi said on Friday its planned stock market listing in Oslo this month could value the Eni spin-off at up to 79 billion Norwegian crowns ($9.1 billion).The touted price tag could make Vaar Norway's third-largest new stock market entrant of all time…
Offshore wind installation services company Fred. Olsen Windcarrier said Thursday it planned to launch an initial public offering and apply for a listing on the Oslo Stock Exchange.The company, based in Oslo, owns three purpose-built transportation and installation (“T&I”) jack-up vessels…
The British government believes the North Sea oil and gas industry should play a role in the country's transition to net zero, finance minister Rishi Sunak said on Thursday.'We believe in the future of the North Sea, we believe in the oil and gas industry…
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