Oilfield services company TechnipFMC has been secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.The Johan Sverdrup field…
RWE has signed an agreement with Norges Bank Investment Management (NBIM) as its new partner for the Nordseecluster and Thor offshore wind projects, currently under construction.Under the agreement, NBIM will acquire a 49% stake in both projects…
Dutch geological data specialist Fugro, has reported that its Fugro Mercator vessel, which run aground off Italy, has been safely towed to a shipyard for inspection.The 42-meter long geophysical survey vessel had run aground on the north coast of Elba on March 22…
Cadeler’s Wind Peak jack-up vessel has completed the installation of the first 14 MW offshore wind turbine at RWE’s Sofia offshore wind farm, located on the Dogger Bank off the U.K. east coast.The turbine installation vessel, Wind Peak, from Cadeler…
Dutch geological data specialist Fugro has informed that its Fugro Mercator vessel had an incident offshore Italy, when it run aground amid deteriorating weather conditions.On March 22, Fugro received report that the geophysical survey vessel…
Lighting specialist Glamox has secured a contract from ProCon Wind Energy to supply its LED marine lighting solutions for Thor offshore wind farm, being constructed by RWE offshore Denmark.The contract from ProCon Wind Energy will see lighting…
China National Offshore Oil Corporation (CNOOC) has brought on stream two oil and gas projects offshore China, which feature 'intelligent technologies' for improved efficiencies and reduced carbon footprint.The first project, Caofeidian 6-4 Oilfield Comprehensive Adjustment Project…
Danish power cable maker and services provider NKT has completed the first installation campaign Norway to connect Aker BP-operated Yggdrasil offshore oil and gas area to shore.NKT said the first installation campaign in the Norwegian fjords and in the North Sea has been completed…
Dutch geological data specialist Fugro has restarted multiple projects in the U.S. hydrocarbon and LNG sectors since Donald Trump's election and is optimistic about offshore wind development in Asia and Europe, its CEO told Reuters on Friday…
Seadrill has announced its fourth quarter and full year 2024 results, highlighting a net income of $446 million and Adjusted EBITDA of $378 million in 2024.However, fourth quarter 2024 operating revenues totaled $289 million, compared to $354 million in the prior quarter…
Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet…
Offshore drilling company Valaris has decided to retire three semi-submersible drilling rigs from its fleet as part of its fleet rationalization efforts, which also included the sale of one jack-up rig for $24 million.The semi-submersible rigs to be retired from Valaris fleet are VALARIS DPS-5…
Constellation, a major offshore oil and gas drilling services provider in Brazil, operating 22% country´s offshore drilling rigs, has outlined its plan to list the company’s shares Euronext Growth Oslo.Constellation, with 1,800 employees and a 45-year track record…
Specialist provider of offshore support services Interocean Marine Services has secured a three-year contract to provide marine vetting and assurance to the Morgan, Mona and Morven offshore wind projects.The offshore wind farms are being developed…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities…
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