The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North Sea, the Defence Ministry said on Wednesday, confirming media reports.The decision follows…
Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday.The firm, which alongside…
At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA)…
The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday proposed major procedural changes to advance a case stalled by wide opposition and lawsuits by creditors in other courts…
MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate the roll-out of port and harbor infrastructure needed to support the rapid…
U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration said on Wednesday.Crude inventories rose by 545,000 barrels to 430…
Suriname's state-run oil company Staatsolie said on Wednesday that ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.'The withdrawal is part of the ongoing evaluation of assets in ExxonMobil's global portfolio…
Norwegian shipbuilder Vard has signed a contract for the design and construction of five Walk-to-work vessels with an international customer, which will be put to service for offshore oil and gas platforms.The vessels are of VARD 3 32 design…
AST Reygar has introduced its BareFLEET remote monitoring system, a solution designed to optimize Service Operation Vessels (SOV) performance in real-time, while providing long-term operational insights.BareFLEET delivers actionable insights across key areas…
NOV has introduced the Quick Connector, developed by its subsidiary GustoMSC, to enhances the safety and efficiency of offshore lifting operations across the offshore energy industry.As countries seek to increase their renewable energy capacity and reduce carbon emissions…
Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract from Petrobras for offshore maintenance, construction, modification and hook-up and commissioning services for the Sarawak asset…
HSM Offshore Energy has rolled out the Thor Offshore High Voltage Substation (OHVS) and lifted the GIS modules for RWE at its Schiedam yard in the Netherlands.Upon completion, Thor will be Denmark’s largest offshore wind farm, with a planned capacity of 1058 MW…
Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country’s growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye…
Oil and gas decommissioning specialist CessCon Group has established a regional headquarters in Perth, marking its entry into the Australian market with the aim of capitalizing on the $50 million decommissioning opportunity for aging oil and gas platforms in the country…
Offshore drilling contractor Shelf Drilling has received a notice of suspension for its High Island IV jack-up rig from Saudi Aramco.The suspension is for up to one year, according to Shelf Drilling, which added it has the right to market the rig during the suspension…
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