Australian oil and gas giant Woodside has agreed to sell a 10% stake in the Scarborough joint venture in Australia to LJ Scarborough Pty Ltd (LNG Japan).The Scarborough Joint Venture comprises the Scarborough field and associated offshore and subsea infrastructure…
Al Yamama, the first of three new Incat Crowther 33 crew boats designed for Nakilat Svitzer Wijsmuller (NSW), has been officially launched in Singapore by shipbuilder Lita Ocean.NSW Al Yamama, with its homeport of Doha, will serve as wellhead maintenance vessels for QatarEnergy in the Middle East…
Norway-based DOF Group on Monday announced it has been awarded a contract for one of its vessels offshore West Africa.The deal will see DOF's construction support vessel (CSV) Skandi Acergy support operations to install subsea umbilicals, risers…
Canada's The Metals Company (TMC) aims to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as the fourth quarter of 2025, it said in a statement.TMC has been at the forefront of efforts…
Egypt's natural gas production fell to a three-year low in the first five months of 2023, figures from the Joint Organisations Data Initiative (JODI) show, raising questions about the country's efforts to position itself as a regional energy hub…
U.S. offshore vessel operator, builder and owner Edison Chouest Offshore (ECO) is constructing the U.S. offshore wind industry’s first ever mini-crew transfer vessel (CTV), designed by U.K.-based Chartwell Marine.Set to enter service in summer 2024…
Nearshore and onshore power installation contractor and marine consultancy company 23 Degrees Renewables (23D), part of OEG Group, said Monday it had completed a contract for an unnamed European cable company to carry out trenching and burial…
Goldman Sachs' global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, according to a memo seen by Reuters. Currie is leaving after 27 years. His departure…
Saudi Aramco's CEO Amin Nasser said on Monday that the company's supplies to customers remain adequate even with recent voluntary oil production cuts by the kingdom, adding that global demand remained resilient despite economic headwinds.Saudi…
GE Vernova’s Offshore Wind business and UK-based Offshore Renewable Energy (ORE) Catapult have signed a new research collaboration, building on the success of their previous ‘Stay Ashore’ program.The £4 million agreement Monday paves the way…
Marine Aluminium AS has won a contract to supply the U.S. offshore vessel firm Hornbeck Offshore Services a helideck for its new conversion project. The 21-meter helideck has a landing capacity of up to Sikorsky S-92-sized helicopters.As previously reported by Offshore Engineer…
Jan De Nul Group's newest crane vessel, Les Alizés, has started its maiden assignment by installing the first of 107 monopile foundations for the construction of Ørsted’s Gode Wind 3 and Borkum Riffgrund 3 wind farms in Germany. Les Alizés is designed for loading…
Malaysian FPSO leasing company Yinson Production said Monday it had secured a $230 million term loan facility in relation to FPSO Maria Quitéria Yinson is delivering for Petrobras in Brazil.The loan facility was structured and arranged by Global Infrastructure Partners (“GIP”)…
Avangrid, a U.S.-based subsidiary of the Spanish renewable energy giant Iberdrola, on Monday shared a photo of the completed Vineyard Wind 1 offshore wind substation.This is the first offshore wind substation installed in the U.S. and will serve…
Oilfield services firms SLB, Subsea 7, Aker Solutions have received approvals from all relevant competition authorities to create a subsea joint venture, as proposed in August 2022.'Following clearance as of [Friday] by antitrust authorities in Brazil…
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