Norwegian offshore vessel owner Solstad Offshore has secured contract awards and extensions for four platform supply vessels (PSV) in the Middle East and Mediterranean regions, as well as an extension for a construction support vessel (CSV)…
Spanish-based manufacturer of wind turbines Siemens Gamesa Renewable Energy (SGRE) has reached a milestone with the installation of its 1000th offshore direct drive wind turbine as it embarks on the 10MW-plus era.The company reached the milestone…
Danish wind turbine installation and service company Global Wind Service (GWS) has secured a contract to support MHI Vestas on the Northwester 2 offshore wind project by providing technicians for the installation of turbines.The deal includes…
The Croatian government said on Thursday it had awarded a licence to energy group INA for gas and oil exploration and exploitation on one block in the country's central and mountainous southern area.It gave no financial details.Earlier this…
Brazilian state-run oil firm Petrobras is considering putting additional stakes in significant offshore oilfields up for sale, executives said on Wednesday, as the company continues to aggressively de-leverage.In a presentation, the executives said they may sell stakes in the Marlim field…
Neptune Energy announced it has begun seismic surveys in the Petrel field, located in the Bonaparte Basin of Australia, the first substantial investment in Petrel for five years.Neptune, on behalf of the Petrel JV, has entered into a non-exclusive…
With Mexico's government insisting that energy companies increase oil and gas output before it auctions off more of the country's vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players are scrambling to buy and sell blocks they already own…
Danish wind farm developer Orsted aims to invest in pilot projects that will use wind power and other renewable energy sources to make hydrogen fuel, its chief executive said.Henrik Poulsen told Danish business daily Boersen that 'green hydrogen'…
Neptune Energy has acquired from Eni a 20% participating interest in the in the East Sepinggan area offshore Indonesia.Eni, with 65% interest, will continue to be the operator of the area which is located in the East Sepinggan area, offshore East Kalimantan in Indonesia…
Norwegian rig and shipping magnate John Fredriksen is pooling harsh environment rig assets and putting his money into new venture, Northern Ocean Ltd., now a business of Seadrill subsidiary, Northern Drilling.Fredriksen’s investment vehicle…
SBM Offshore announced it has signed contracts with Chinese shipyards for the construction of the company’s fourth and fifth hulls under its purchase program for Fast4Ward newbuild multipurpose floating production, storage and offloading unit (FPSO) hulls…
AXIS Pipeline Construction Group and ST Engineering Halter Marine and Offshore shipyard have partnered to service the subsea fabrication and installation market. This newly forged partnership, combined with more than 40 years of subsea fabrication and installation management experience…
Energy Ministers from North Seas countries met yesterday (December 04) in Brussels and agreed their 2020 Work Program on offshore wind deployment as a means of reaching climate neutrality by 2050.The 10 North Seas Energy Cooperation countries – Belgium…
Finnish tech company Wärtsilä will supply equipment for two offshore support vessels (OSV)under construction at the Fujian Mawei Shipbuilding yard in China for Netherlands-based shipping company Spliethoff.The order with Wärtsilä is booked in November 2019…
Odfjell Drilling and Semco Maritime signed a contract for preparation and modification of Deepsea Stavanger rig prior to its start of a nine-month drilling campaign for Total in the harsh waters outside South Africa.The semi-submersible rig…