Canada-based oil and gas company Valeura Energy has completed the acquisition of the floating storage and offloading (FSO) vessel Aurora, which is already on location at its Nong Yao field, in the Gulf of Thailand.The acquisition was the result…
SBM Offshore is pleased to announce that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) has delivered first set of new unmanned surface vehicles - WAM-Vs - to Sulmara.The delivery marks a contractual milestone and delivered the first set of new unmanned surface vehicles under the previously announced $1…
Brazilian state-owned energy company Petrobras and seismic acquisition company Shearwater Geoservices have signed a memorandum of understanding (MoU) for joint development and execution of scientific research and technology innovation within…
Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025.Prysmian executives gathered at the VARD shipyard in Tulcea…
Marine seismic acquisition firm Shearwater Geoservices and ocean data company XOCEAN have entered strategic collaboration to explore opportunities in carbon capture and storage (CCS) and offshore wind markets.Building on the successful joint delivery of several large data campaigns…
AIM-listed natural resources investing company Deltic Energy has withdrawn from the Shell-operated license in the Southern North Sea due to the inability to secure a farm-out or an alternative funding solution for its commitments related to the Pensacola appraisal well…
Norwegian seismic firms TGS and PGS have received approval from the UK Competition and Markets Authority, securing final regulatory approval for the creation of ‘premier’ energy data company.The approval for the merger from the UK Competition…
Viridien, formerly CGG, has sold and delivered a GPR300 ocean bottom nodal solution for a total value of approximately $20 million, which will be deployed on an upcoming seismic survey project in the North Sea.Viriden secured the contract through its Sensing & Monitoring business line…
Vår Energi has completed the intra-group merger with its wholly-owned subsidiary Vår Energi Norge, formerly Neptune Energy Norge.The merger has been registered with the Norwegian Register of Business Enterprises, and consequently all assets…
Australian oil and gas company Beach Energy has ceased development planning for its Bass Basin discoveries, which include Trefoil, Bass, White Ibis and Yolla West, offshore Australia, amid strategic review.On conclusion of Beach's strategic review…
Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone FPSO facility with a nameplate capacity of 100…
China and Pakistan have agreed to boost mining cooperation and promote the implementation of a pact on strengthening mining development and industrial cooperation, according to a joint statement from the two countries.Pakistani Prime Minister Shehbaz Sharif visited in Beijing from June 4 to 8…
A groundbreaking ceremony on Monday signaled the start of construction on what will be the nation’s largest dedicated offshore wind port at the South Brooklyn Marine Terminal (SBMT) in New York City.The 73-acre site that will serve as the operations and maintenance hub for Equinor's Empire Wind 1…
A new construction service operations vessel (CSOVs) being built by Norwegian shipbuilder Ulstein Verft for Olympic has completed sea trials.The newbuild, Olympic Boreas, launched from the dock hall at Ulstein Verft on April 6, is the first of two sister vessels for Olympic…