Sparrows Group, the engineering and maintenance services specialist for the global energy and industrial sectors, has been awarded a major crane replacement contract for a client in the Middle East. The project, which is worth $13m and is expected to last 18 months…
The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International (MSI)…
Woodside has performed a cost and schedule review of the Sangomar Field Development Phase 1 offshore Senegal following the identification of remedial work required on the floating production storage and offloading (FPSO) facility.First oil is now targeted for mid-2024…
The board of the Swedish floating wind technology developer Hexicon has rejected a bid on the company from an unnamed 'European actor.'The bid, which was conditional of the board's recommendation, was set at SEK 1.5 per share, corresponding…
Brazil's state-run oil company, Petrobras, will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday.Petrobras is preparing to preview updates to its business plan next month…
An ailing crewmember was medevaced from a liftboat approximately three miles south of Pecan Island, La., Saturday morning, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector New Orleans received a call at approximately 1:12 a…
Norway's HAV Group has signed the final contract to design and equip another methanol-fuelled offshore wind service operation vessel (SOV) for the Danish offshore vessel owner ESVAGT.HAV Group said Monday it had signed the final contract with ESVAGT’s chosen shipyard…
BP and Azeri national oil company Socar have taken part for the first time in an Israeli licensing round for natural gas exploration, the latest sign of growing international interest in the Eastern Mediterranean basin, sources said.BP and Socar…
The Government of Curaçao has commissioned the Dutch offshore survey company Fugro to map the seabed of the island’s surrounding waters for the future development of floating offshore wind farms. The Curaçao Government’s target is to realize 6GW in renewable energy capacity by 2035…
OEG Offshore UK (OEG), a provider of specialist offshore equipment, on Monday announced the complete integration and rebrand of Harran Ltd, an offshore helicopter refueling systems specialist.OEG Offshore said the move followed the acquisition…
Seajacks, an offshore installation services firm, has secured two new contracts in the offshore wind sector, Eneti, Seajacks' parent company said Monday.According to Eneti, the two new contracts are for work on offshore wind projects in northwest Europe…
Oil and gas exploration and production company Longboat Energy said Monday it had completed its transaction with Japan Petroleum Exploration Co., Ltd ('JAPEX') to establish a joint venture in Norway, with the initial investment of US$16 million received by the renamed entity Longboat JAPEX Norge AS…
Dutch marine services firm Boskalis said Monday it had completed the installation of all foundations for the 589 MW Changfang & Xidao offshore wind farm in Taiwan. 'In the last three years we installed 186 pin piles with our unique crane vessels…
Plans for floating wind farm development off the coast of Wales and South West England are progressing as the first specialist survey vessel embarks on a 100-day mission from Swansea. With a crew of 30, the vessel will use towed and hull-mounted…
Oil company Tullow said Monday that production from its Jubilee oil field offshore Ghana had surpassed 100,000 barrels of oil per day, following the recent start-up of the Jubilee South East (JSE) Project.'Gross production from the field has surpassed 100…