The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges…
DOF Subsea Brasil, a subsidiary of Norwegian offshore support vessel firm DOF, has secured a charter for its ROV support vessel, Geoholm. DOF said that the 85.7-meter-long vessel and its ROV would be used for a 'major' subsea umbilical, riser…
French oil major TotalEnergies is set to embark on a multi-well appraisal and exploration program offshore Nambia, where it made one of the world's largest oil discoveries in 2022, by drilling the Venus-1x well.According to Impact Oil & Gas Limited…
CapeOmega and Neptune Energy on Wednesday announced NoordKaap, a project concept for a cross-border CO₂ storage solution for industrial emitters across Europe. According to Neptune Energy, NoordKaap would involve transporting CO2 via vessels…
Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…
Denmark will issue public tenders for offshore wind projects this year and may resume reviewing applications that had been suspended over worries of breaching European Union state aid law, the country's energy minister said on Tuesday. The Nordic country…
Forum Energy Technologies (FET) said it has secured an order from DOF Subsea to deliver four of its advanced work-class remotely operated vehicles (ROVs).The ROV order comprises of two 200HP XLX-C’s, which have recently been delivered and mobilized in late 2022…
U.S.-based marine services company TDI-Brooks announced it was awarded geophysical, geotechnical and benthic sampling survey campaigns to study seabed conditions within the project lease area and potential export cable corridors for offshore wind farms off the U…
Norway's crude oil output slipped in January from the previous month, missing official forecast, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output eased to 1.75 million barrels per day (bpd) in January from 1…
Partners in the Leviathan gas field in the eastern Mediterranean have approved nearly $100 million of spending on preparation for expansion that includes a floating liquefied natural gas (LNG) terminal off the coast of Israel, the companies said on Tuesday…
Dubai-based P&O Maritime Logistics announced plans to convert one of its multi-carrying vessels (MCV) into a cable laying vessel (CLV).Set to start operations in the third quarter of 2024, the newly converted vessel will be equipped with a battery system…
Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025…
Norwegian offshore services and equipment provider PSW Technology has secured a 'sizable' contract for deep-water BOP stack services.Subsea blowout preventer (BOP) is a system used in offshore oil drilling to prevent well blowouts.Under the deal announced Tuesday…
Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group is prevented from increasing gas production at its offshore project due to higher taxes and regulation, its chief executive said on Tuesday. BSOG launched Romania's…
Norwegian marine electrical systems Vard Electro will supply its SeaQ Communication system onboard two construction service operation vessels (CSOVs) being built by Ulstein for end client Olympic. Vard Electro signed the contract with Ulstein…
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