Malaysia-based energy industry services firm T7 Global has won a contract for the provision of mini-ROV subsea services for Pioneer Pegasus.T7's subsidiary Tanjung Offshore Services seacured the contract for remotely operated vehicle services earlier this month…
Portuguese oil and gas company Galp Energia swung to a net profit in the second quarter thanks to higher crude prices and refining margins, but cautioned on the continued impact of the COVID-19 pandemic.In a statement accompanying the figures…
Norwegian energy firm Equinor is expected to spud the Egyptian Vulture exploration well in the Norwegian Sea in late August, using Seadrill's West Hercules semi-submersible drilling rig.This is according to Longboat Energy, Equinor's partner in the project…
Aberdeen-based offshore wind vessel firm North Star Renewables has named Steve Myers as SOV operations director.As part of this newly created role, Myers, who most recently worked for wind turbine maker Siemens Gamesa Renewables, will oversee…
Four people fell into the sea and went missing after an offshore construction unit tilted off the coast of Huzhou City, China, CGTN, a Chinese state-backed news website, said Monday.According to CGTN, there were 65 people on board when the incident took place…
Australian oil and gas company Santos has started oil production from the Van Gogh Phase 2 Infill Development, offshore W. Australia, hitting a production record.Santos had announced a Final Investment Decision (FID) on the Van Gogh Infill Development Phase 2 Project in March 2020…
Offshore drilling firm Seadrill said Saturday it had entered into a plan support agreement with certain of its senior secured lenders, over a reorganization plan that will raise $350 million in new financing and reduce Seadrill's liabilities by over $4…
Houston-based offshore well intervention firm Helix Energy Solutions has appointed T. Mitch Little as a new member of the board of directors.Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation from August 2016 until his retirement in December 2020…
Demand for work-class ROVs (WROV) has traditionally been determined by the state of the global offshore oil & gas industry. This is likely to remain the case in the short to medium-term. However, there’s a new kid on the block – offshore wind…
The Dutch government has this week awarded a 3.6 million euro subsidy to the PosHYdon project, dubbed the world’s first offshore green hydrogen pilot on a working platform. With this subsidy, the companies which are part of the PosHYdon, can start up all activities for this pilot…
Singapore-based Keppel Offshore and Marine subsidiaries have been slapped with a request for arbitration from an unnamed counterparty in relation to contracts for the delivery of Floating, Production, Storage, and Offloading (FPSO) vessels.Keppel…
Oilfield services giant Schlumberger NV issued a bullish forecast for 2021 on Friday as second-quarter profit topped estimates due to surging margins, with a rebound in oil prices boosting demand for its software and equipment.Global crude prices…
Norwegian energy firm Equinor, with its partners RWE, Shell, and Gasunie signed a declaration of intent to further intensify their collaboration on the AquaSector project - which aims to build Germany's first large-scale offshore hydrogen park…
The 60m RAmpage 6000-ZM vessel Koc Al Zour, built by Uzmar Shipyard, will be the largest Robert Allan Ltd. design ever built in Turkey. She is designed and constructed as a modern double azimuth stern drive (ASD) and is the most capable multipurpose…
Offshore wind developer Ocean Winds and DISA Group, a renewable electricity generation firm in the Canary Islands, have teamed up to develop offshore wind farms in the Canary Islands.Ocean Winds, formed last year as a joint venture between EDP Renewables and Engie…
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