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Ashtead Technology Names Renewables Business Manager

Mar 20, 2023

Subsea rental equipment and solutions firm Ashtead Technology has appointed Rich Fry as Group Business Development Manager – Renewables. The company said Fry brought strong credentials to the company with over a decade of experience working with equipment manufacturers…

NYK's First Domestic CTV Named "Rera As"

Mar 20, 2023

Last week  at the Wind Expo Spring 2023 in Tokyo, NYK announced the name of a crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm, for which NYK has a multi-year time charter contract with Siemens Gamesa.At the naming presentation with James Tham…

Maersk Sells Supply Service to Family Holding Company for $685M

Mar 20, 2023

Maersk has agreed to sell its offshore marine service provider Maersk Supply Service to family-owned holding company A.P. Moller Holding for $685 million, the Danish shipping giant said in a statement on Monday.The sale marks the completion…

Equinor to Sell 28% Stake in Statfjord Area to OKEA for $220M

Mar 20, 2023

Norwegian oil and gas company OKEA  has agreed to acquire a 28% stake in offshore block PL037, in Statfjord Area, offshore Norway, from Equinor for an initial fixed consideration of $220 million.The Statfjord Area comprises the Statfjord Unit…

Lukoil-backed Congo Project to Start Producing LNG in December

Mar 20, 2023

A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…

Argeo to Use Uncrewed Vessel for Stromar Offshore Wind Farm Survey

Mar 20, 2023

Norwegian offshore survey company Argeo has signed a survey contract with Stromar, a consortium of Ørsted, Renantis, and BlueFloat Energy looking to build a floating wind farm offshore Scotland. Stromar has awarded Argeo a contract to conduct a geophysical survey in the project’s development area…

Massive Strike Looms on UKCS as 1400 Offshore Workers Demand Better Deal on Jobs, Pay, and Conditions

Mar 20, 2023

Around 1400 offshore workers employed on the UK Continental Shelf (UKCS) platforms will take strike action in the next weeks, seeking better deal on jobs, pay, and conditions, workers' union Unite said Monday.According to Unite, platforms and…

Chevron Suspends Production at Thai Oil Field after Fatal Accident

Mar 20, 2023

Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, U.S. oil giant Chevron Corp said in a statement on Monday.The announcement comes after an accident last…

ABL Group to Acquire AGR from Akastor

Mar 20, 2023

Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…

Lukoil-Eni Congo Offshore License Bid Moves Forward

Mar 20, 2023

A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded…

Lhyfe, Centrica Team Up to Develop Green Hydrogen Offshore UK

Mar 20, 2023

Green hydrogen firm Lhyfe and UK-based energy and services company Centrica will jointly develop offshore renewable green hydrogen in the UK in what they say is 'a first' for the country. The two companies said they would explore combining their…

Edison Plans Final Investment Decision on East Mediterranean Gas Pipeline to Europe By End of Year

Mar 20, 2023

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…

Vattenfall Picks Port for Giant Norfolk Offshore Wind Zone

Mar 17, 2023

Renewable energy developer Vattenfall has selected the port at Great Yarmouth, run by infrastructure specialists Peel Ports, as the preferred location for the operations and maintenance base for the Norfolk Offshore Wind Zone.When completed…

GEOS Wins UK, Norway Contracts for Energy Duchess Offshore Vessel

Mar 17, 2023

Norwegian offshore vessel owner Golden Energy Offshore Services AS (GEOS) has secured bring to work (B2W) contract for its offshore vessel  Energy Duchess and a medium-term contract in direct continuation.The 83.4-meter vessel of Ulstein PX121…

Malaysia: Petra Energy Wins Work for Accommodation Workboat

Mar 17, 2023

Bursa Malaysia-listed Petra Energy has secured a contract with Petronas Carigali to provide accommodation workboat Petra Galaxy.The value of the contract is based on work orders issued by PCSB throughout the contract duration, Petra Energy said Friday…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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