Predictive analytics company VROC has won a contract with oil firm Taqa to provide predictive maintenance software for Taqa's North Sea oil and gas platformsThe three oil and gas platforms, Tern, Cormorant Alpha, and Harding, located in the UK North Sea will initially use the technology…
Norwegian oil and gas firm Vår Energi has chartered two offshore support vessels, which the company says will help it reduce environmental footprint.One is the Olympic Energy platform supply vessel, owned by Olympic Shipping, the other is Tidewater's 2012-built Troms Sirius platform supply vessel…
SubC Imaging released its new Offshore Real-Time Video Streaming Solution. The low-latency video streaming solution enables live streaming of subsea video from ROV, and other subsea systems, allowing decision-makers real-time operation of remote assets from anywhere in the world…
Norwegian shipbuilder Ulstein on Sunday launched Nexans’ new cable-laying vessel, the ‘Nexans Aurora’.The hull of the vessel, built at CRIST, Poland, arrived at Ulstein Verft in June 2020. It has since been fitted with electrical installations…
Two Norwegian offshore energy services firms Aker Solutions and Kvaerner said Monday that all conditions had been met for their proposed merger to proceed.The two companies announced the proposed merger in June. Under the terms, Aker Solutions will absorb all the assets…
Tidal energy developer Atlantis, with its partner Asturfeito SAU, has said that the two companies' variable pitch system for tidal turbine generators project (VPSTTG), aimed at reducing has been given the green light to proceed to the manufacturing stage…
Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change.He will enter the White House with a goal of setting the US on course for net zero…
Malaysian state-owned energy giant Petronas is expected to pay the resource-rich state of Sabah 1.25 billion ringgit ($303 million) in sales tax next year, state media said.Sabah Deputy Chief Minister Jeffrey Kitingan said Prime Minister Muhyiddin…
Offshore accommodation specialist Prosafe has won a contract extension with Brazil's Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period were due to complete in July 2020…
Oil prices rose more than 2% on Monday, with Brent futures topping $40 a barrel, after Joe Biden clinched the U.S. presidency and buoyed risk appetites, offsetting worries about the impact on demand from the worsening coronavirus pandemic.Brent crude futures for January climbed 94 cents…
Offshore wind in North America has the potential to impact the entire offshore energy, maritime, ports and logistics value chain. This webinar delivers insights on the current progress, future pace and direction of development in the Offshore Wind market in North America…
U.S. oil firm Hess has completed the sale of its interest in the U.S. Gulf of Mexico Shenzi deepwater oil field to BHP for $505 million.The deal, announced in October, sees BHP taking over Hess' 28 percent stake in the six-lease development in the U…
WIND, a shipping company providing specialized logistic services to the subsea cable industry, has opened a branch office in Taiwan, a growing offshore wind market.Patrick Schelvis, Area Manager Asia said: 'We are proud that our clients requested…
Fairfield Betula, a UK company focused on offshore decommissioning, has extended the charter for the use of Solstad Offshore's Far Symphony platform supply vessel.Solstad Offshore said Friday that the contract for the PSV was firm until the…
Canadia subsea robotic company Kraken Robotics has completed its third offshore data acquisition and technology demonstration campaign as part of the $19 million OceanVision project.During the campaign, Kraken deployed its new SeaScout system…