Norwegian company Green Energy Group has completed the sale of its Petrel Explorer seismic survey vessel.The company, which last year rebranded to Green Energy Group from Seabird Exploration to reflect a strategic shift in business towards green energy transition…
The market for floating production systems is booming, according to World Energy Reports' (WER) latest assessment of activity and developments in the offshore oil and gas market.“Business conditions and market sentiment in the deepwater sector have seldom been so positive…
Dutch marine services and towage firm KOTUG has closed the acquisition of Seaways, first announced in April. The fee was not disclosed.'The acquisition of Seaways brings together the assets, expertise and people of two leading companies that…
Vestdavit said Monday it had secured a contract to deliver its docking-head davit technology on a construction service operation vessel (CSOV) being built for Rem Offshore by Norwegian shipbuilding group VARD.The order for a PAP-15000 davit…
Wholesale gas prices have scaled 'insane' levels that will ultimately hurt demand, although the lack of Russian gas means Europe's supply will be tight for several years, the chief executive of German oil firm Wintershall Dea said on Tuesday…
Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…
Trillion Energy International, an oil and gas company focused on the Turkish section of the Black Sea, said Monday that the Uranus jack-up drilling rig was being prepared to move to its SASB natural gas field. Once at the location the rig will be used for a multi-well drilling program…
G.W. Lisk Company recently announced the launch of their ATEX, IECEx and UL/ULC certified in line deflagration flame arrestor series. The series is designed for use in Class 1: Div 1 (Zone 0,1), Div 2 (Zone 2) oil and gas installation up to 4”…
Abu Dhabi-based ADNOC Drilling said Wednesday it had agreed to acquire a premium offshore jack-up drilling rig.The company said it had signed a sale and purchase agreement (“SPA”) with an unnamed counterpart to acquire an additional premium offshore jack-up drilling unit for $70 million…
Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022…
Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offshore platforms to cut their emissions, the country's Climate Minister Espen Barth Eide said…
Oslo-listed oil and gas company BW Energy said Tuesday that its BW MaBoMo offshore production facility had sailed away towards Gabon.The production facility, converted from the Hibiscus Alpha jack-up drilling rig, is currently onboard a heavy…
Guyana's president Irfaan Ali on Monday visited ExxonMobil's Liza Unity FPSO - Guyana's second FPSO in production - where he praised the Guyanese crew aboard.According to Guyana's Department of Public information, he told the Guyanese crew on…
Houston-based engineering, commissioning, and field services firm Gate Energy has won a commissioning management and execution contract for LLOG's Salamanca development in the U.S. Gulf of Mexico.The scope of this work includes pre-commissioning…
TotalEnergies and partner SSE Renewables on Tuesday announced the first power generation from their Seagreen wind farm off the coast of Angus in Scotland. The $4.3 billion Seagreen project will be Scotland's largest offshore wind farm and the world's deepest fixed-bottom wind farm…
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