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…
Spanish oil firm Repsol has secured regulatory consent to start production from the Yme field in the North Sea, off Norway.'Yme will once again be producing oil, 20 years after the last time the field was on stream. [The] planned start-up will be in the second half of 2021…
Safety equipment firm Viking Life-Saving Equipment has launched a new lifejacket for the oil & gas and wind energy market.The inflatable lifejacket, named the VIKING YouSafeTM Vanguard, has been developed after to meet (275N) offshore industry standards…
Optical fiber sensors provider Silixa on Wednesday announced the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber-optic Distributed Acoustic Sensing (DAS) system, Carina Subsea 4D, on BP’s Atlantis Phase 3 subsea field development…
Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…
Dubai-based SEAJET Systems, a company building controlled flow excavation (CFE) solutions, has signed a manufacturing partnership with Soil Machine Dynamics (SMD), one of the world’s largest independent designers and manufacturers of specialist subsea intervention equipment…
U.S. Secretary of State Antony Blinken on Tuesday appointed former diplomat Amos Hochstein as a senior advisor for energy security to work on the fallout from the Russia-backed Nord Stream 2 pipeline, among other energy issues, according to a statement…
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