Design and engineering consultancy Houlder said Tuesday it was supporting Subsea Micropiles, a company adapting land-based micropiling technology to create superior marine foundation and anchor solutions.Houlder is providing marine operations…
PJ Valves (PJV), a manufacturer and supplier of valves for the energy industry, has secured orders to supply valves for two FPSOs in Brazil.One of these FPSOs is planned to be one of the largest offshore oil producing units in the world. The FPSO…
Institutional investors advised by J.P. Morgan Global Alternatives, in cooperation with Norwegian offshore services firm Havfram, have signed a letter of intent with China's CIMC-Raffles to build 'a series of next-generation, state-of-the-art wind turbine installation vessels (“WTIV”)…
Australian shares ended higher on Tuesday, buoyed by gains in the mining and energy sectors, a day after BHP Group and Woodside Petroleum gave the final sign-off on their $12 billion Scarborough LNG project.The S&P/ASX 200 rose 0.78% to close at 7…
Ocean bottom node seismic data acquisition firm Magseis Fairfield has said it has secured a conditional award of a 4D OBN survey in the North Sea.The survey will be conducted with Magseis Fairfield’s Z700 technology, with the start-up is expected in the second quarter of 2022…
Oslo-listed offshore energy investment firm Standard Drilling has agreed to sell Standard Princess platform supply vessel for $10.3 million.'The proceeds from the vessel and any future divestments of the offshore fleet will be directed towards…
Guyana is getting ready to raise requirements on oil operators to protect the nation against spills and future removal costs of production platforms, the head of its environmental agency told Reuters.Guyana currently requires financial assurance…
OGUK, the trade body representing interests of the UK’s offshore oil and gas industry, has urged the government to allow new oil and gas fields, “or risk surging import bills and future shortages.”The trade body said it was reacting after the debate over the Cambo offshore oil and gas field…
The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said on Monday after meeting officials of Russian state gas giant Gazprom.Last week…
Colombia will look to add 3 billion barrels of oil equivalent (boe) to its hydrocarbon reserves by 2040, Armando Zamora, president of the national hydrocarbons agency (ANH), said on Friday.The addition of these reserves will guarantee Colombia's energy self-sufficiency said Zamora…
3t Transform, a 3t Energy Group company, previously known as NeutronVR said Monday it had, in the past year, doubled turnover, launched several technology products, and secured 34 new global customers with plans for more growth by 2023. The…
Houston-based offshore services firm Helix Energy Solutions has won a 5-well complete abandonment project by New Zealand’s Ministry of Business, Innovation & Employment (MBIE).Helix Energy Solutions will deploy its Helix Q7000 semi-submersible vessel and 10K Intervention Riser System (IRS)…
Construction of Operations and Maintenance (O&M) Base at the Port of Tyne for the giant Dogger Bank offshore wind farm in the UK has officially started. At 3.6GW, the wind farm will become the biggest in the world when fully operational in 2026…
State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…
LS Cable & System and Jan De Nul Group on Monday announced the completion of the construction of the first batch of subsea power cables in South Korea for TenneT’s offshore projects Hollandse Kust (noord) and (west Alpha) in the Netherlands…
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