DEEP, an ocean engineering and technology company, announced a major expansion of its operations in the United States, including a $100 million investment in a permanent engineering and development hub in Florida and a manufacturing facility in Houston, Texas. At the center of this expansion is Project Vanguard, the first crewed subsea human habitat of its kind to be constructed in four decades.Construction of Vanguard is underway in Florida…
Golar LNG Limited has announced that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi…
Cadeler, a partner in offshore wind installation and services, has officially opened its new UK office in Norwich, marking another step in the company’s continued growth and reinforcing its presence in the UK offshore wind market. The relocation…
China National Offshore Oil Corp (CNOOC) has completed building an integrated refining and petrochemical complex in eastern China, state news agency Xinhua reported on Friday.The 21 billion yuan ($2.9 billion) project, built on the Daxie Island of eastern coastal city Ningbo…
Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility, the Shenandoah floating production system (FPS). The project will employ production operators, instrumentation and electrical technicians…
Guyana is looking for a company willing to build a natural gas liquids (NGL) facility as part of efforts to monetize its offshore gas reserves, according to a notice published by the South American government on Sunday.The storage and offloading facility would receive about 4…
International energy consultancy Penspen has underlined its long-term commitment to the north-east of Scotland by opening a new office in Aberdeen. The move to Balmoral Business Park in Altens marks a milestone in the company’s regional growth…
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