Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has signed the first of a two-phase contract for one of its vessels operating in the Middle East.GMS said it also received a Letter of Award, relating to the second phase of this four-year contract…
Carnegie Clean Energy has secured a $2.3 million grant from the Basque Government’s Energy Agency EVE for the deployment of its CETO wave energy device at the Biscay Marine Energy Platform (BiMEP) offshore northern Spain.Carnegie secured the…
Shell has awarded Worley a contract for detailed design, procurement and construction management support services a Holland Hydrogen 1, a project that will become the Europe’s largest commercial renewable hydrogen production facility.Under the contract…
Singapore’s Strategic Marine and Taiwan’s Prosperous Wind Shipping have delivered the hybrid-ready support vessel for the Yunlin offshore wind farm in Taiwan.The StratCat 27 hybrid-ready vessel is designed for the transfer of technicians and cargo…
Oil and gas company Perenco has started gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea.During the fourth quarter of 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48-meter water depth…
A floating offshore wind farm planned in Arctic waters on Friday received 2 billion Norwegian crowns ($193 million) in state funding, with Norway viewing the still costly technology as a key contributor for industry development and emission cuts…
Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, and China in its Week 10 Rig Analytics Market Roundup…
The U.S. Coast Guard said on Saturday it did not observe any remaining recoverable oil sheen during a morning overflight off the coast of Huntington beach, California.On Friday, the agency said it was trying to identify the source of an oil spill off the coast after the sheen…
Shares of Brazil's state-run oil company Petrobras plunged more than 11% in opening trading in Sao Paulo on Friday, after the firm's dividend frustrated investors and triggered analyst downgrades.In a fourth-quarter earningsrelease late on Thursday…
Vestas has received a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn in the northwestern part of Denmark.The order consists of one V236-15…
AG&P LNG, a subsidiary of Nebula Energy, has acquired a 49% stake in fully constructed Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam.The Cai Mep LNG terminal was developed by Hai Linh Company, a prominent petroleum product import terminal and trader in Vietnam…
Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America’s biggest energy rivals.On Wednesday…
BP said on Friday its overall carbon emissions climbed in 2023 for the first time since 2019 as the company started up new oil and gas projects and increased its production levels.BP's so-called Scope 3 emissions, caused by the burning of the oil and gas produced by the company…
Norwegian shipbuilder Vard has secured a contract for the design and construction of one tailor-made offshore wind commissioning service operation vessel (CSOV) for Norwind Offshore, with options for two additional vessels.Vard signed the contract with Navigare Capital Partners…
TDI-Brooks' latest dynamic positioning vessel, the RV Nautilus, has reached the shores of the East Coast of the United States ahead of work for offshore wind sector.After undergoing a six-month retrofit in Las Palmas, the 2000-built vessel will…
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