Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17…
A federal agency has ordered a wind farm off the coast of Massachusetts to stop power production and construction until an investigation determines whether a blade failure affects other turbines, it said on Wednesday.Vineyard Wind's offshore…
An incident at the Vineyard Wind offshore wind energy project this week that scattered shards of fiberglass across Massachusetts beaches was the latest in a series of failures involving wind turbines built by GE Vernova.At least one other GE Vernova offshore wind turbine came apart this year…
TotalEnergies, the operator of the Tyra II project on behalf of consortium partners, has faced another technical issue during the commissioning of Denmark’s largest offshore gas development.TotalEnergies, the operator of the Danish Underground Consortium in charge of Tyra II redevelopment…
Offshore drilling firm Shelf Drilling has secured a contract extension from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up rig.The new contract is for 17 months, and will be in direct continuation of the rig’s current operations in Denmark…
Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering services firm Unique Group have partnered up to offer unmanned surface vehicle (USV) services in the Middle East.Unique…
Norwegian offshore supply vessel company DOF Group on Tuesday announced it has entered into an agreement to acquire Denmark-headquartered Maersk Supply Service (MSS) for $1.11 billion in a cash and stock deal.The combined company, operating under the DOF Group name and brand…
OPEC oil output rose in June for a second consecutive month, a Reuters survey found on Tuesday, as higher supply from Nigeria and Iran offset the impact of voluntary supply cuts by other members and the wider OPEC+ alliance.The Organization of the Petroleum Exporting Countries pumped 26…
Lebanon's energy ministry has extended a deadline for companies to bid for exploration rights for offshore oil and gas fields in its third licensing round until March next year, the Lebanese Petroleum Administration said on Monday.The government originally set a deadline of July 3…
A newly formed company headed by a former Exxon Mobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.Fulcrum LNG…
Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm, located in the German Baltic Sea, advancing the 315 MW project to delivery phase.Windanker wind farm will reinforce Iberdrola’s Baltic Hub, which will add more than 1…
The Department of Energy’s Office of Technology Transitions has awarded $7.4 million to develop seven projects at Sandia National Laboratories aimed at advancing clean energy technologies.In total, DOE’s OTT announced $41.4 million in federal…
A proposed large natural gas project in Guyana by U.S. energy developer Fulcrum LNG includes partnerships with U.S. oil service company Baker Hughes and engineering firm McDermott, the country's vice president said on Thursday.Guyana's President…
Guyana's lucrative agreement with an ExxonMobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.The trio's combined net margin was 56%…
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