Norwegian multinational energy company Equinor ASA has awarded compatriot offshore owner Eidesvik Offshore ASA a contract for Viking Queen.The firm contract period is 6 months, commencing in direct continuation of the current contract expiring ultimo August 2019…
U.K.-based offshore wind power installation provider Seajacks International has conditionally been awarded a contract with Siemens Gamesa Renewable Energy (SGRE) for the transport and installation of wind turbines at the Formosa 2 offshore wind farm…
The international consortium partners of the North Sea Wind Power Hub (NSWPH) has found that the proposed Hub-and-Spoke concept is technically feasible. A gradual roll-out of 10 to 15 gigawatts hubs is the next logical step towards a large offshore wind build-out…
Valerie Bosse has been named Managing Director of Wintershall Dea's Brazil business unit, responsible for all activities of the newly merged company in the South American country.Wintershall Dea, which became Europe's largest independent gas…
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, the company said on Tuesday.Saudi Aramco plans to boost production capacity from the two fields by 550…
Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…
Offshore contractor Allseas says it has acquired Bluerise, a developer of ocean thermal energy conversion (OTEC) technology, in a push targeting the renewables industry.Based in Delft, the Netherlands, Bluerise, founded by Berend Jan Kleute and Remi Blokker…
UK-based subsea technology company Sonardyne said Australian headquartered subsea services firm Neptune has become the latest to adopt its new, all-in-one acoustic and inertial positioning technology platform to support offshore survey projects…
Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand.OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020…
Denmark has fined French oil and gas major Total 500,000 Danish crowns ($75,145) for the discharge of chemicals in the North Sea by a company it bought in 2017, Danish broadcaster DR said on Tuesday.Maersk Oil, the former oil unit of shipping giant A…
Russia's largest oil producer Rosneft said on Tuesday its oil production had declined due to a decision by oil pipeline monopoly Transneft to reduce intake of oil due to a contaminated oil issue.It said Transneft had imposed a 'significant'…
Norwegian oil and gas company Vår Energi and compatriot offshore support vessels provider Simon Møkster Shipping AS have agreed to extend the charter of the Stril Luna platform supply vessel (PSV).A press release from Simon Møkster said that…
UK-based offshore equipment rental company Hiretech Limited has appointed Keith Mackie as Managing Director, with current Managing Director and company founder Andy Buchan taking on the newly created role of Chief Executive Officer.Mackie has…
Aker Energy Ghana, a subsidiary of Norwegian-based oil exploration and production firm Aker Energy AS, has entered into an agreement to issue $100 million of convertible subordinated bonds to Africa Finance Corporation (AFC).AFC also intends to take part in future capital market activities…
Norway-based Atlantic Offshore, a provider of safety and support at sea, announced that it has received contract extensions for three of its emergency response and rescue vessels (ERRVs).The Department for Environment, Food & Rural Affairs (Defra) UK has declared a 9 month option for Ocean Osprey…
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