The damage to the Baltic Sea gas pipeline that burst on Sunday was caused by 'quite heavy force', Estonian Defense Minister Hanno Pevkur said on Wednesday, a day after Finland said it could have been a deliberate action.The Balticconnector subsea…
TGE Marine has received an order from the Chinese shipyard Dalian Shipbuilding Industry Offshore for the design and supply of a cargo handling system for a 7,500m³ liquified CO2 (LCO2) carrier.The vessel is the third iteration of the series…
The first phase of the Dogger Bank Wind Farm has started exporting electricity to British consumers.The 3.6GW Dogger Bank Wind Farm is being constructed in UK waters 70 nautical miles (130 kilometers, 80 miles) off the coast of Yorkshire in the UK’s North Sea in three 1…
Royal IHC announced it has secured a contract to supply U.S.-based Caldwell Marine International (CMI), with a newbuild Amphibious Hi-Traq Jetter.This subsea tracked trenching vehicle is the first of its type to be owned and operated by a specialist U…
U.K. investment firm Inspirit Capital announced it has completed the carve-out of CWind, a provider of offshore wind support services, from Global Marine Group.CWind completes approximately 60,000 crew transfers annually, utilizing its fleet of crew transfer vessels (CTV)…
Philip Lewis, director of research at Intelatus Global Partners, breaks down growth potential in the emerging floating wind industry, including opportunities for vessels in T&I and EPCI.See the full video interview here.
Oilfield services and technology company SLB said Wednesday that a multi-year three-way collaboration agreement was signed to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on Amazon Web Services' (AWS) cloud infrastructure…
Oslo-listed subsea services firm Reach Subsea said back in August it had received a notice of contract award, subject to successful contract negotiation, from an unnamed 'major European energy provider.'On Wednesday, and in relation to the August announcement…
Italian energy group Eni will continue to gradually shift its activity from oil to gas in the coming years, the group's chief executive said on Tuesday, adding the move has been one of the pillars of Eni's transformation strategy.'An important…
Chevron and unions representing workers at its two Australian liquefied natural gas (LNG) facilities will meet for talks on Wednesday after the oil and gas major asked the industrial arbitrator to help close a deal as workers threaten to restart strikes…
A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia have both sustained damage, and the location of the outage has been identified, the Finnish government said on Tuesday.'It is likely that damage to both the…
U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards…
Strict new immigration requirements are deterring vital skilled workers and threatening major disruption for UK offshore wind projects, according to Maria Gravelle, an immigration specialist at Pinsent Masons.Gravelle said that axing the Offshore…
Turan Drilling & Engineering has secured a contract extension with a value of $300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.The two-year extension, effective from April 2024, will see the company…
Gas production curtailment in Israel due to the ongoing conflict is likely to tighten global balances, but the impact on European gas prices is marginal for now, Goldman Sachs said.'Tightening of global LNG balances as marginal for TTF prices for now…