Latest News - page 83

 

NOC Completes Scottish Roadmap for Offshore Wind Environmental Monitoring

Feb 26, 2025

The UK’s National Oceanography Centre (NOC) has delivered a roadmap to guide the observation of ocean to increase the understanding of the potential impacts of expanding offshore wind developments on the marine environment.The Scoping an Offshore…

First Steel Cut for North Star’s Hybrid-Electric SOV for EnBW

Feb 26, 2025

North Star and its shipbuilding partner Cochin Shipyard have cut first steel on EnBW’s new hybrid-electric service operations vessel (SOV), which is on decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany from the end of 2026…

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Feb 26, 2025

Malaysia-based offshore services firm Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts for drilling-related services with oil and gas companies, worth over $720 million.Sapura Drilling won two contracts…

Siemens Hires Pfisterer for DolWin4 and BorWin4 Grid Connection Cable Package

Feb 26, 2025

Germany-based electrical connection technology supplier Pfisterer has secured a contract from Siemens Energy to provide turnkey cable systems for the BorWin4 and DolWin4 offshore grid connections.The two platforms will enable the transmission of offshore wind energy to the German mainland…

Navantia UK Secures Subsea Structures Manufacturing Order from McDermott

Feb 26, 2025

Navantia UK, a subsidiary of Spanish shipbuilder Navantia, has secured a contract from McDermott Trinidad for the manufacture of subsea structures for a project in Trinidad and Tobago.The year-long contract will see the company deliver critical subsea components from its Arnish facility…

Apollo to Progress Design for Repurposing of Oil Platforms for Hydrogen Production

Feb 26, 2025

Engineering and energy advisory consultancy Apollo has secured Phase 2 concept definition contract from Net Zero Technology Centre (NZTC) for the Hydrogen Offshore Production (HOP2), which aims to progress the design of 500MW offshore hydrogen production facility for HOP2…

CIP Acquires 480MW Morecambe Offshore Wind Farm in UK

Feb 26, 2025

Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has signed a transaction to acquire the full ownership of Morecambe offshore wind project from COBRA Group, and Flotation Energy, owned by TEPCO Renewable Power…

Saipem Reports Growth for Third Consecutive Year

Feb 25, 2025

Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet…

Trinidad wants Extension for Shell's Venezuela Gas Project

Feb 25, 2025

Trinidad and Tobago plans to ask U.S. President Donald Trump's administration to extend a license for Shell and Trinidad's National Gas Company to develop a key gas project in Venezuela, four sources close to the preparations said.The U.S. license…

NNPC, Stena Bulk and Caverton Launch new Shipping Venture

Feb 25, 2025

Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.The newly formed company will streamline crude oil…

Transocean Barents Gearing Up for Drilling Job in Romanian Black Sea

Feb 25, 2025

On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible drilling rig Transocean Barents, anchored in Romania's Constanta port.In a matter of weeks, the rig - known as the Mighty…

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Feb 25, 2025

Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday…

Green Marine UK Bolsters Subsea Services Unit with Major Investment

Feb 25, 2025

Orkney-based marine services firm Green Marine UK has announced a seven-figure capital investment in a new Subsea Services Department targeting the U.K.’s offshore wind sector.The company expansion, boosted by financial backing from HIE (Highlands and Islands Enterprise)…

Galp Makes Another Oil and Gas Discovery at Orange Basin Off Namibia

Feb 25, 2025

Galp, together with its partners NAMCOR and Custos, has hit oil and gas in another well drilled at PEL83 license at Orange Basin, offshore Namibia.The Joint Venture partners have drilled, cored and logged the Mopane-3X well (Well #5) which spud on January 2…

Drilling Ops Restart at Zohr Gas Field Offshore Egypt

Feb 25, 2025

Egypt's petroleum minister Karim Badawi said on Tuesday that drilling work for the development of the Zohr gas field resumed in mid-February.Production had been curbed because of arrears owed to foreign oil companies.A drilling ship arrived…

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