Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi Holdings, has signed an agreement to acquire a U.S.-based oilfield services company Deep Well Services (DWS) for approximately $223 million, including performance-based payments…
Lloyd's Register (LR) has published its first Recommended Practice (RP) for Floating Offshore Wind Turbine Support Structures. Developed in alignment with established international codes and standards, including IEC 61400-3-2 and the ISO 19000 series…
UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…
McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…
ADNOC Drilling, SLB and Patterson-UTI have created a joint venture dubbed Turnwell Industries to accelerate the 144-well drilling campaign as part of unconventional oil and gas exploration program in Abu Dhabi, set for delivery by the fourth quarter of 2025…
BP has taken a final investment decision on the Kaskida project in the U.S. Gulf of Mexico, with the oil production expected to start in 2029.Kaskida will be BP’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80…
The Philippines filed a claim with the U.N. on Saturday to an extended continental shelf (ECS) in the South China Sea, a waterway where it has had increasingly confrontational maritime disputes with China.'Today we secure our future by making…
The U.K. government has set aside $3.7 million for the Orkney-based European Marine Energy Centre (EMEC), which will be awarded to the world’s first wave and tidal energy testing facility over the course of two years.The funding is part of U…
The Chouest group has acquired ROVOP, a Scottish remotely operated vehicle (ROV) company, expanding its ROV fleet and subsea capabilities.With the ROVOP acquisition, Chouest, alongside its subsea service company C-Innovation, will now control…
Philippine petroleum company PXP Energy Corp will take part in a government auction of energy reserves in the country's western and southern waters that are not claimed by China, its chairman said on Monday.PXP Energy holds the rights to explore Reed Bank in the South China Sea…
Exxon Mobil Corp on Wednesday said it filed a contract arbitration claim disputing Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets.The arbitration case seeks to…
Cellula Robotics, developer of fuel cell powered autonomous underwater vehicle (AUV) systems, announced it has promoted Neil Manning from corporate development officer to chief executive officer (CEO).Manning joined Cellula Robotics initially as corporate development officer…
UK-based remotely operated vehicle (ROV) solutions provider ROVOP has formed global partnership with Boskalis’ subsidiary Subsea Services to offer integrated subsea solutions throughout energy industry.The partnership provides five diving support…
McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field…
Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…
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