French submarine cables services company Orange Marine has ordered a new cable repair vessel for delivery in 2023.The specialized newbuild was designed by VARD in Norway and will be built at Sri Lankan shipyard Colombo Dockyard. The 1,800 dwt vessel is 100 meters long with a beam of 18…
Floating Offshore Wind (FOW) is set to be the next big thing in renewable power. It can unlock huge wind potential in new areas globally, but it will also enable many countries lacking suitable seabed conditions for fixed bottom wind to realize large economic benefits…
Crown Estate Scotland has pushed back the deadline for applicants in its tender for seabed licenses for offshore wind projects after high prices secured in an English and Welsh auction this week, it said.Scotland’s ScotWind wind leasing tender…
Norwegian authorities have approved Equinor's revised plan for development and operation (PDO) for partial electrification of the Sleipner field center in the North Sea.The field center will be tied to the Utsira High area power from shore solution…
Offshore drilling contractor Vantage Drilling's subsidiary Vantage Holdings International has signed an agreement to manage and market some of Seadrill Partners' offshore drilling rigs.Under the deal, signed on February 9, VHI will provide marketing…
BW Offshore, a company known for its FPSO leasing business in the oil and gas sector, is looking to diversify by entering the floating offshore wind space and has started talks with floating wind firm Ideol over a potential investment.The move…
Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region…
The Danish authorities on Friday invited the public, companies, authorities, and other interested parties to submit ideas on the strategic environmental assessment (SEA) for the Plan for Hesselø offshore wind farm and the environmental impact assessment (EIA) of the land-based part of the project…
Poland's biggest power producer PGE confirmed a deal on Wednesday to develop offshore wind farms with Denmark's Orsted in another sign the country reliant on coal is fast becoming a hot destination for renewable energy investors.Poland was the…
The UK oil and gas regulator Oil and Gas Authority (OGA) said Thursday that its revised strategy that features an obligation for the oil and gas industry to support UK's net-zero target had come into force on February 11.OGA's revised strategy was laid before Parliament on December 16…
Palfinger has won an order to deliver cranes, lifeboats, a rescue boat, and davits for Malaysia-based Yinson's Anna Nery FPSO, which will, once complete be deployed at Petrobras' Marlim 2 field offshore Brazil.Under the order, Palfinger will…
UK-based infrastructure firm InfraStrata has said it has acquired 'substantially all of the assets of Burntisland Fabrication,' also known as BiFab, a company that entered into administration in late 2020.BiFab specializes in major fabrication works from facilities in Scotland for the oil and gas…
Marathon Oil Corp has laid off around 100 U.S. employees, or about 5% of its total workforce, a company spokeswoman told Reuters on Thursday, days after the oil and gas producer cut salaries for top executives and board members.Although oil…
Occidental Petroleum Corp said on Thursday it had restored a major portion of its chief executive officer's base salary, nearly a year after its management and employees were to forced to take a pay cut to battle one of the industry's worst downturns…
Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to South Korea's Hyundai Heavy Industries’design for a Floating Storage and Offloading (FSO) vessel that is planned for operations in Mexican waters…
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