U.S. offshore shipbuilder and shipowner Edison Chouest this week marked the 50-percent completion milestone for the U.S.-flagged ECO Edison, the first Jones Act-compliant wind farm SOV. Senior executives from offshore wind developers Ørsted…
Oilfield services giant Baker Hughes said this week it had completed the acquisition of Norway-based well intervention specialist Altus Intervention.'Today, we are pleased to announce the completion of the Altus Intervention acquisition. This…
UK-based subsea robotics and engineering firm Soil Machine Dynamics (SMD) has this week announced plans to exceed £100m turnover within five years.To reach this goal, the company says it is focusing on the electrification of its vehicles, has ambitious recruitment targets…
SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC…
Global Energy Group's (GEG) North Fabrication division has started fabrication of two J-tube frames for the 882MW Moray West offshore wind farm, with a steel cutting at the Port of Nigg, Scotland.The completed J-tube frames will be attached…
A state actor's involvement in the blast of the Nord Stream pipelines last year is the 'absolute main scenario', though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022…
Offshore drilling contractor Diamond Offshore said Thursday that its Ocean GreatWhite semi-submersible drilling rig had kicked off its five-well drilling campaign for BP West of Shetland.'This marks an important milestone for this harsh-environment…
Italian oil firm Eni, with its partner PetroCi, on Thursday celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast.The FPSO Firenze, which sailed away from Dubai, will allow the production start-up of the Baleine field…
Judges at the International Court of Justice (ICJ) on Thursday ruled they had jurisdiction over a long-running border dispute between Guyana and Venezuela, which could determine which country has rights to territory rich in oil and gas.Guyana in 2018 asked the ICJ…
U.S. and Canadian refiners have turned to North Sea 'Forties' crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine. Nearly 2.6 million barrels of the crude are set to arrive at U…
Acteon's Data and Robotic division's geo-services brands TerraSond and Benthic have secured a combined geophysical and geotechnical survey work scope with the BlueFloat Energy and Renantis Partnership for the Bellrock and Broadshore offshore wind farms northeast of Aberdeen…
U.S. Gulf of Mexico-focused oil company W&T Offshore said Thursday that Janet Yang, Executive Vice President and Chief Financial Officer, would leave the company on May 11, 2023, following the release of the company’s first-quarter earnings…
It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions…
Oil and gas company Hartshead Resources plans to conduct site surveys at two locations in the UK North Sea at the Anning field site.According to a notice to mariners issued by Charles Keiller & Associates Limited, the 1km x 1km survey would be conducted in Block 49/17b…
Advisory and investment firm Gordon Brothers said this week it had provided a £5 million (currently around $6,2 million) term loan to Modus Subsea Services (Modus).Modus, specializing in using Underwater Intervention Drones to automate and decarbonize subsea inspection…
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