Singaporean shipbuilder Strategic Marine has signed a contract with Venus Marine for the construction of four Crew Transfer Vessels (CTVs) for operations in Europe and Taiwan.This project is the result of a collaborative effort with renowned design firm BMT Limited…
Bureau of Ocean Energy Management (BOEM) and the State of Maryland have signed a memorandum of understanding (MoU) to support the coordinated development of offshore wind energy in the U.S. Mid-Atlantic state.Under the MoU, BOEM and the State…
Wood has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub…
BP and Worley have formed a new strategic alliance across BP’s global site projects, spanning the Gulf of Mexico, Middle East and Africa.The alliance will improve capital efficiency in site projects saving an initial estimated $ 40 million over…
Technology and energy company Fortescue has teamed up with Belgian offshore installation services company Belgian Jan De Nul to jointly provide shipping and subsea cable laying services to connect North Africa with Europe.The companies will…
Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction…
Seatrium and GE Vernova have been awarded a third contract by TenneT TSO B.V. (TenneT) for the construction of a 2-gigawatt (GW) High Voltage Direct Current (HVDC) electric offshore transmission system in the Netherlands.The project is slated to begin in June 2024…
Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together…
The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland…
New Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.The bill would end the ban, in place since 2018…
Germany plans to build more wind turbines in the North and Baltic seas than originally planned, a draft plan by the maritime authority showed on Friday, as Berlin aims to have 70 gigawatts of offshore wind energy by 2045.Germany's Maritime and…
Mokveld Valves, a Dutch manufacturer of control and safety valves, has secured a long-term agreement with compatriot natural gas infrastructure and transportation company Gasunie for the supply of its zero-emission valves.A formal market consultation…
The flow of Norwegian gas to northern England via the Langeled pipeline resumed on Friday, live data from Britain's system operator National Gas showed following a June 2 outage that triggered renewed concerns over energy security in Europe…
Egypt plans to issue a buy tender seeking 15-20 cargoes of liquefied natural gas (LNG) to cover heavy summer demand that had led to a wave of rolling blackouts and forced temporary shutdowns of chemical and fertilizers plants, four industry sources told Reuters…
French subsea power cable maker Nexans has completed the acquisition of La Triveneta Cavi, an Italian medium and low-voltage cable company.The acquisition is a significant leap forward in Nexans’ strategy to become an electrification pure player…
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