The U.S. government has granted an authorization for energy major Shell and Trinidad and Tobago to develop an offshore gas field in Venezuela close to the maritime border, Trinidad's attorney general said on Thursday.The prominent project, aimed to supply Trinidad with Venezuelan gas…
Orsted, the world's biggest offshore wind farm developer, will cut about 2,000 jobs by the end of 2027, a quarter of its workforce, and will focus more on Europe after setbacks in the U.S.Orsted expanded rapidly over the past decade, but more…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Remazel, a company of the Fincantieri Group, has signed a contract with Jan De Nul for the supply of mission-critical equipment for a newbuild vessel.The contract covers the design and supply of an advanced system for transporting and laying rocks on the seabed to protect cables and pipelines…
Belgian marine contractor Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables on the Taiwanese offshore wind farm Formosa 4.To bring the green energy ashore, Jan De Nul will transport, install and protect 60 kilometers of subsea cables…
Austrian manufacturer of hydraulic lifting and handling systems for marine applications Palfinger Marine has started delivering nacelle cranes for 15 MW offshore wind turbines being built by Danish firm Vestas.As a key supplier of nacelle cranes for Vestas…
Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region.The all-share transaction, valued at about $60 million, will create a combined…
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract to deliver subsea distribution equipment for a project in the Gulf of America.As part of the contract, KOIL Energy will supply six Steel Tube Flying Leads (subsea umbilical) and associated equipment…
Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request…
BP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.The two-well subsea tieback at Murlach adds a peak net production of around 15,000 boed to the BP-operated Eastern Trough Area Project (ETAP) in the central North Sea…
Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as Africa's biggest oil producer seeks to improve its crude export infrastructure…
Lithuania’s National Energy Regulatory Council (NERC) has announced that the second offshore wind tender, which targeted the development 700 MW of offshore wind capacity in the Baltic Sea, failed as it attracted only one bid.NERC informed that…
Engineering firm SeaThor has started testing its dynamic cable protection system CableSpring, designed for subsea cables that connect floating offshore wind turbines to the grid, at Falmouth Harbour’s test site for offshore renewables FaBTest…
Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments.BV has been involved in Provence Grand Large project journey since 2017…
The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following the revised offer the Saudi Arabian firm.An extraordinary general meeting was held on October 6…
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