A lesser-known offshore rig owning firm recently secured a long-term deal for a drillship that has been stacked since 2017, in yet another proof that the offshore drilling industry is back.The offshore drilling industry is back.After several years of downturn and uncertainty…
Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…
Offshore energy industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998…
Siemens Energy ENR1n.DE does not expect to be able to deliver a turbine for the Portovaya compressor station in Russia that is used to pump gas through the Nord Stream 1 pipeline, its chief executive told German magazine Der Spiegel.The pipeline…
The UK’s plans to significantly increase offshore wind capacity to 50GW by 2030 risks being hindered by an array of undiscovered unexploded ordnance (UXO) in our coastal waters. It is estimated that up to 500,000 legacy items/targets of UXO could still be present in UK waters…
The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast.Magazine Der Spiegel reported on Friday that the German economy ministry is…
Benthic, an Acteon geotechnical services and technology firm, is set to launch the next generation of its portable, remotely operated drill: PROD5, also aimed at increasing productivity and cutting costs for the offshore renewable energy industry…
Brazilian President Jair Bolsonaro has tapped a well-known academic and energy consultant as the next head of state-run oil company Petrobras, effectively ending the tenure of current CEO Joaquim Silva e Luna less than a year after he was appointed…
Dutch grid operator TenneT has this week installed the topside of the second offshore transformer platform built to serve Vattenfall's Hollandse Kust Zuid offshore wind farm in the Dutch North Sea.Following the installation of the first transformer platform…
Gennady Timchenko, a long-time ally of Russian President Vladimir Putin, resigned from the board at gas producer Novatek on Monday after he was targeted by sanctions over Russia's military campaign in Ukraine.Novatek, Russia's largest private natural gas producer…
Norwegian offshore vessel owner Solstad Offshore has plans to reduce the carbon footprint of its 90 vessel fleet, and has turned to the technology company Wärtsilä for collaboration. 'The aim is to achieve a 50 percent reduction in CO2 emissions by 2030…
Shell has made a significant oil and gas discovery at a closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.Namibia is not a fossil fuel producer…
Join speakers from ABB, Lloyd’s Register, Equinor and World Energy Reports as we explore why 2021 is the year for offshore wind in the United States.WHEN: Thursday, March 25, 2021, 11 a.m. EDT (US).REGISTER NOW!From eight turbines for 42MW of capacity at the end of 2020…
Russian Deputy Prime Minister Alexander Novak said on Friday the government has been working on some support measures for the oil producing industry, including changes in taxation, following last year's decision to hike taxes.The government…
Vryhof, a provider of anchoring and mooring solutions for the offshore energy industry, has developed a mooring solution called Stevadjuster which promises to eliminate the need for winches on the platform being moored.Targeted for deployment on floating wind turbines…
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