Wind energy provided 14% of the European Union’s electricity last year, according to figures published by the region’s wind energy trade body, WindEurope, with 11.7 gigawatts (GW) of new capacity added, including 2.65 GW of offshore wind. Continued…
Norwegian engineering company Aker Solutions has been appointed by Wintershall to build a complete digital replica of Nova production system in the Norwegian North Sea for data-driven engineering, production and maintenance decisions.Through two separate agreements…
Netherlands-based Acta Marine announced that its next offshore wind farm installation vessel will be ready in next two months.'‘Acta Centaurus will be completed and ready for construction support vessel (CSV)/service operation vessel (SOV) operation in a little more than two months…
A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.The collective…
A Floating Storage and Offloading project in the Norwegian Sea is to benefit from high-end products for data and process control from MacArtney & Moog Focal.MacArtney has secured a contract from APL Norway AS, a Norwegian Mooring and Loading…
Headcounts in the upstream oil and gas industry have dropped significantly since the downturn started in 2014, but NES Global Talent sees promise of recovery ahead.“We have seen a number of projects which have been in the pipeline for quite…
Shell plans to enter Britain’s offshore wind market by acquiring seabed leases or taking stakes in existing projects, despite the country's impending departure from the European Union, the head of the company's New Energies division said.Oil…
The floating production systems (FPS) market in Americas will register a CAGR of almost 7% by 2023, said a study.The need to meet the increase in demand for energy for both export and domestic consumption in the region is driving the growth of offshore oil and gas activities…
The European Marine Energy Centre has secured a lease extension on its primary tidal energy test site until 2040 from Crown Estate Scotland.The extension will support the long-term ambitions and demonstration plans of EMEC’s clients.The grid…
With the global offshore decommissioning industry expected to reach $36bn over the next 3 years, several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market.As a consequence, so-called…
The global seismic survey provider Spectrum, in cooperation with BGP, has started a 20,000-km (12,427-mi) 2D survey in the Colorado and Salado basin offshore Argentina.The 2D seismic survey launched to acquire data for future licensing rounds off South American country…
Dutch marine contractor Royal Boskalis Westminster has acquired a 62.5% majority stake in the UAE's Horizon Group to expand its surveying capabilities.According to press statement, the remaining 37.5% of the shares will be held by the incumbent management…
Offshore survey specialist Shearwater GeoServices has been awarded a major exploration survey in Brazil by TGS, the provider of multi-client geoscience data to oil and gas exploration and production companies worldwide.The project will be executed…
Offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have received the final approval for their merger, which was announced four months ago.In a joint announcement, shareholders for both companies voted to approve…
The offshore oil and gas industry service provider LOC Group has been hired by jack-up rig contractor Borr Drilling for Marine Warranty Surveyor (MWS) services, which commenced on Borr’s Norve and Frigg rigs, currently located in West Africa…
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