There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs and reacting more quickly to changing market conditions. While the sector has typically been slow to adopt digital innovations…
As the demand for floating production systems grows, so too will the need for modern offshore support vessel (OSV) tonnage.Related: Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector
The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns in an election year.Petroleo Brasileiro SA…
A.P. Moller – Maersk (Maersk) announces an intended acquisition for its subsidiary Maersk Training of the Norwegian company, ResQ, a supplier of safety training and emergency preparedness in Norway.ResQ has five survival centers in Norway to…
Maritime Robotics' new multi-purpose Unmanned Surface Vehicle (USV) platform, the Mariner X, is the company's most configurable and optimizable USV platform to date, built to deliver high-quality data acquisition at sea.The first operator of the new Mariner X USV platform is Argeo…
The Danish company Semco Maritime said Monday it had developed a new pumping system design allowing subsea CO2 storage in the North Sea in connection with Project Greensand.The mission of the project is to store CO2 in the Danish part of the…
High Tien Offshore, a Taiwanese company that specializes in offshore wind marine engineering services, announced its collaboration with Ship and Ocean Industries R&D Center (SOIC) and Jong Shyn Shipbuilding (JSS) to build offshore vessels.“In…
Offshore vessel designer GustoMSC, part of NOV, has launched a next-generation heavy lift crane vessel series called ENSIS, planned for foundation installation for the offshore wind farms of the future.'GustoMSC's new ENSIS heavy lift crane…
Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced its departure in February after Moscow sent troops into Ukraine.Numerous Western companies, including oil majors…
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Rosewood Exploration and EBN Capital B.V. signed a cooperation agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.The agreement…
Swedish utility Vattenfall said on Monday it had agreed to buy an 85% stake in two early-stage offshore wind projects off Sweden's west coast from Norwegian wind farm developer Zephyr.State-owned Vattenfall said in a statement it expected the projects to have a combined production capacity of 2…
Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located…
Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design…
Offshore wind service company Edda Wind on Friday celebrated the naming ceremony of Edda Brint, its latest service operation vessel (SOV), at Astilleros Balenciaga Shipyard in Zumaia, Spain.Edda is a name tradition that Edda Wind has continued from its founding company Østensjø Rederi…
U.K.-based marine services company James Fisher and Sons plc announced it has appointed Jean Vernet as chief executive officer.He will take up this position on September 5, 2022, succeeding Eoghan O’Lionaird who will step down from his position on the board and as CEO…
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