Scana’s subsidiary Seasystems has secured a contract for the mooring of the world’s first floating tidal energy array, the Pempa’q In-stream Tidal Energy Project in Minas Passage in Nova Scotia, Canada. When completed, the project run by Scottish…
Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system…
U.S. based offshore support vessel owner Tidewater plans to start an offering of USD denominated 5-year senior secured bonds, subject to market and other conditions. 'The Company intends to use the net proceeds from the bond issue towards refinancing…
Danish offshore wind installation firm Cadeler has been chosen as a preferred supplier of wind turbine generator installation vessels by Ørsted for the combined Gode Wind 3 & Borkum Riffgrund 3 projects in the German North Sea.The award covers…
Brazil failed to sell off exploration and production rights in the most promising offshore oil blocks up for sale on Thursday, as its first oil auction since the start of the COVID-19 pandemic brought just 37.1 million reais ($6.7 million) into state coffers…
Marine seismic services firm SeaBird Exploration has signed a one-year contract with an unnamed repeat client for the use of its Fulmar Explorer vessel.The contract, which starts in November 2021, replaces the letter of intent that was announced by Seabird Exploration in July…
Offshore wind installation contractor Seaway 7 has been selected as a preferred contractor by Ørsted for the transport and installation of wind turbine generators for part of the Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany…
The company that operates the pipeline that spilled an estimated 3,000 barrels of oil into the Pacific Ocean off California has an 800-page manual on handling an oil spill - but it is unclear whether its employees followed those procedures.Houston…
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) said Friday that its proposed wave power project in Mauritius was selected for Japan's Ministry of Economy, Trade, and Industry (METI) subsidy programs.MOL said it had conducted natural…
Swedish oil company Lundin Energy has failed to find hydrocarbons at its Merckx prospect in the North Sea, offshore Norway.The Norwegian Petroleum Directorate said Friday that Lundin, as the operator of production licence 981 where the well is located…
Classification society ABS said it has been selected to class a former drillship that is being converted to a subsea mining vessel.The industry-first project will see Allseas’ 228-meter Vitoria 10000, now renamed Hidden Gem, equipped with a…
Russian oil and gas company Lukoil has agreed to acquire a 15.5% stake in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas.Lukoil said the value of the transaction was $2.25 billion, with the completion is subject to certain conditions precedent…
A Scottish court handed BP a win over Greenpeace on Thursday after the environmental group tried to void the energy company's licence to exploit a North Sea oilfield, saying the climate impact of the end-use of oil should not affect permits…
Brazilian oil company Petrobras said Thursday it had not yet picked the winner in a bidding race for its Albacora and Albacora Leste fields in the Campos Basin, offshore Brazil.The company issued an update after Reuters on Thursday said the…
U.S. oil major ExxonMobil has made yet another oil discovery in its prolific Stabroek Block, offshore Guyana, and has now increased its estimate of the discovered recoverable resource for the block to approximately 10 billion oil-equivalent barrels…
Subscribe
