Oil prices dropped on Wednesday but stayed above $70 a barrel, taking a breather after recent days' strong rally as Mexico was set to resume crude production following a major outage.Brent crude fell 33 cents, or 0.46%, to $70.72 a barrel by 0904 GMT…
Completions company Tendeka has appointed Jonathan Abbott as its new chief technology officer (CTO).Abbott, appointed to drive Tendeka's next generation of products and systems, takes on the role with almost 20 years’ international experience in operations…
Stavanger-based company Techouse has secured a contract with the Norwegian oil firm Aker BP to perform the front-end engineering and design extension study for the Sulfate Removal Unit (SRU) for the Valhall IP platform in the Norwegian part of the North Sea…
Thermoplastic composite pipe technology developer Strohm has entered a joint industry program with Shell and Petrobras with the goal of deploying its Thermoplastic Composite Pipe (TCP) Flowline and Riser technology offshore Brazil.Strohm said…
A deadly accident on an offshore platform belonging to Mexican state oil company Pemex 'may slow' the company's production growth rate, ratings agency Fitch said in a statement on Tuesday, after officials confirmed a sharp hit to output.The…
Dutch marine equipment maker Huisman, known for its offshore crane solutions, said Wednesday it had doubled the slew bearing production capacity of its facility in Schiedam, the Netherlands. 'With this significant increase in production capacity…
DNV has said it has updated its DNV-ST-0119 standard for floating wind turbine structures, to include 'numerous technical improvements' that allow the industry to further optimize floating wind turbine structures while maintaining a sufficient level of safety…
The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed.The move comes two months after the U…
Mexican state oil firm Petroleos Mexicanos (Pemex) expects to resume by Aug. 30 all oil production shut down by a deadly fire on an offshore platform, the firm's chief executive said on Tuesday.Five workers were killed, two are missing and six…
A new report from a U.S. offshore services trade group details alleged Jones Act violations by a foreign-flagged vessel in the U.S. Gulf of Mexico.The Offshore Marine Service Association (OMSA), which recently launched its Jones Act Enforcer program to document and report violations of the U…
Kriegers Flak in Denmark, labeled Scandinavia's largest offshore wind farm, will be launched on September 6 at Geocenter Møns Klint by Frederik, Crown Prince of Denmark, according to Vattenfall, the wind farm operator.'All 72 offshore wind turbines…
Australian engineering firm Worley has appointed Tiernan O'Rourke to the position of Chief Financial Officer (CFO).'Tiernan will commence in the position later this calendar year and will be based at Worley’s headquarters in North Sydney,' Worley…
Crowley Maritime Corporation and Massachusetts Maritime Academy (MMA) said Tuesday they'd create a first-of-its-kind training and workforce development program dedicated specifically to the New England region’s offshore wind energy industry…
Qatar Petroleum has awarded an engineering, procurement, and construction (EPC) contract for its North Field Expansion Project to Técnicas Reunidas S.A., a Spanish-based contractor that provides EPC services to the energy industry.Técnicas Reunidas…
Brazilian oil company Petrobras has contracted awarded contracts for two pipelay support vessels owned by DOF and TechnipFMC.Oslo-listed DOF Subsea said Tuesday that the contracts, for three years each, are for the vessels Skandi Vitória and Skandi Niteroi…
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