Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals.'As the energy transition continues to gather pace, we are actively looking at new projects and business areas…
Dutch offshore equipment maker Huisman has won a contract to deliver a 2,300 mt Lifting Spreader and a set of adaptive Damping Tugger Winches to DEME Offshore's offshore installation vessel Orion.Huisman said that the equipment was designed…
The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO to end client ExxonMobil…
Marine robotics company Ocean Infinity said Thursday it had acquired marine geotechnics experts, Geowynd.Based in the UK, with clients all over Europe, Geowynd’s team of geotechnical engineers provides consultancy services to aid the safe and…
Ørsted and RWE, the world's two largest offshore wind players, both suffered from weaker winds in the first half, highlighting that profits in the booming industry remain tied to weather conditions.Denmark's Ørsted said it 'experienced significantly lower wind speeds than normal…
Offshore engineering company Aquaterra Energy has completed the engineering design for a renewable-powered Sea Swift offshore platform for DeNovo Energy.The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria…
Norway's Aker Offshore Wind said Thursday it has, with its partner Mainstream Renewable Power, been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project in Japan…
TechnipFMC, a company best known for its offshore oilfield services and equipment, is looking to diversify its offering and has now joined forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals in Norway…
UK North Sea focused oil and gas company Deltic Energy has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea with Cairn Energy.Cairn will acquire a 60% interest in each of…
Irish-based Gazelle Wind Power Limited has raised $4 million in funding to accelerate the development of its hybrid floating offshore wind platform. The investment includes $1.3 million in seed funding and another $2.7 million in strategic long…
The first jackets for the massive Seagreen offshore wind farm have arrived at the Port of Nigg in the Cromarty Firth, where they’ll be kept before being installed 27km off the Angus coast in the North Sea.The jackets, which will serve as foundations for offshore wind turbines…
The U.S. Secretary of the Interior Deb Haaland and White House Council on Environmental Quality Chair Brenda Mallory were in Eureka, California, Tuesday, with U.S. Representative Jared Huffman, California Energy Commissioner Karen Douglas, Tribal…
South Korean subsea cable firm LS Cable & System said Wednesday it would soon acquire the largest submarine cable laying barge in Korea, targeting offshore wind opportunities.'LS Cable & System is planning to strengthen its position in the submarine…
Oslo-listed drilling firm Borr Drilling has secured a Letter of Award for its jack-up drilling rig 'Gunnlod' from an undisclosed operator in Malaysia. The drilling campaign is expected to start in the fourth quarter of 2021 in direct continuation…
Chart courtesy Kimberlite International Oilfield Research The ROV Services market continues to be a key component for helping subsea operators achieve greater levels of operational efficiency and to reduce costs and will play a growing role…
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