ABB has secured an order of around $27 million to supply Eneti’s two newbuild vessels with advanced power, automation, and control systems for improved safety and performance.The two $330 million wind turbine installation vessels (WTIV) will…
U.S. Bureau of Safety and Environmental Enforcement (BSEE) inspectors and engineers last week carried out an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The facility, a semi-submersible FPS…
Abu Dhabi's AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse on Tuesday.AD Ports Group, which operates ports, logistics and industrial zones…
Aberdeen-based offshore rig inspection company ADC Energy has said it has been awarded its third contract in Asia-Pacific (APAC) in the first quarter of 2022 to provide its specialist rig inspection services to an unnamed global E&P operator in Malaysia…
Gulf Marine Services (GMS), a company providing jack-up service vessels for the offshore oil, gas, and renewables industries, has appointed Alex Aclimandos as its Chief Financial Officer.' Alex brings with him a wealth of progressive international…
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…
Engineering and maintenance services firm Sparrows Group has secured a three-year contract award from Serica Energy for crane operations and maintenance services on the UK North Sea platform, Bruce. Sparrows will provide resident focal points…
Norwegian offshore drilling technology company Enhanced Drilling (EDR) has recently received an order from Shell to supply a second EC-Drill Controlled Mud Level (CML) system to be used in the Gulf of Mexico (GOM). The Managed Pressure Drilling (MPD) system…
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…
Oil major Shell expects its Prelude FLNG unit in Australia, the world's largest unit of the type, will remain shut for most of the first quarter of 2022.The world's largest FLNG facility had in January 2021 resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip…
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…
Oslo-listed offshore cable solutions provider Oceanteam said Friday that a client had returned one of its 4000-tonne carousels a year earlier than originally agreed.'In February 2020, Oceanteam entered into a three-year agreement for rental of one of its 4000-tonne carousels…
Oil prices surged to seven-year highs on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fueled by frigid U.S. weather and ongoing political turmoil among major world producers.Brent crude rose $2…
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…
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