Dutch marine services firm Boskalis said Monday it had acquired the construction support vessel North Ocean, the sister vessel of Southern Ocean, which Boskalis added to its fleet in 2021.The North Ocean is a DP-2 vessel with an overall length of 132 meters…
Norway's Aker ASA said on Wednesday it was no longer part of a consortium that had made an unsolicited offer in July to buy most of Austrian oil and gas firm OMV's exploration and production business. Austrian newspaper Kurier on Tuesday reported that Aker…
AD Ports Group's subsidiary SAFEEN has acquired a support vessel to boost the company's subsea service capabilities.Built in 2014, the vessel, previously known as the Nordic Prince, will operate under the name ‘SAFEEN Surveyor’ and will undergo an extensive conversion prior to starting operations…
German oil and gas company Wintershall Dea has agreed to acquire a 37% non-operated participating interest in the Hokchi Block, offshore Mexico, from Hokchi Energy, a subsidiary of Pan American Energy.Wintershall Dea will have an option to…
Oil and gas producer Wintershall Dea said on Tuesday that its most closely watched measure of earnings more than doubled in the third quarter of 2022 and that it would seek to strengthen business in locations outside Russia.Wintershall Dea…
The Biden administration on Thursday said it would hold a Gulf of Mexico drilling auction in March of next year to satisfy a requirement in the government's new climate change law.The Bureau of Ocean Energy Management (BOEM) will offer all of…
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin. Oil and gas companies around the world received a boost…
American Shipping Company ASA (AMSC) has completed the acquisition and taken delivery of the Normand Maximus construction support vessel.The vessel has already started a long-term bareboat charter with a subsidiary of the Norwegian offshore vessel operator Solstad Offshore upon delivery…
Norway's Equinor considering buying oilfields in the British North Sea from China's CNOOC, including a big stake in the huge Buzzard oilfield, two industry sources told Reuters on Monday. The deal is valued at between 20 billion and 30 billion Norwegian crowns ($1…
UK-based tidal energy solutions provider Sustainable Marine has sold its anchoring and mooring company Swift Anchors to its largest shareholder, Schottel. According to Sustainable Marine, which earlier this year brought online a tidal energy system in Canada…
Latin America's offshore wind capacity could reach 34 GW by 2050, driven by off-grid green hydrogen projects, according to energy intelligence group Wood Mackenzie, a Verisk subsidiary. Currently, there are no commercial offshore wind farms in operation in the region…
Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Singapore's Sembcorp Marine, has completed the construction of the P-71 FPSO, integrating topsides on the China-built hull.The new FPSO vessel left the EJA shipyard on Tuesday. It will…
Corrects with Dana Petroleum spokesman comment to clarify deal refers only to Dutch business.Korea National Oil Corporation agreed to sell the Dutch assets of North Sea oil and gas producer Dana Petroleum to private firm Waldorf Production,…
Offshore drilling firm Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf.The contract value for the firm period, including mobilization revenue…
Offshore drilling company Borr Drilling has entered into an agreement to sell the jack-up drilling rig 'Gyme' for a price of $120 million to an unrelated third party.The 'Gyme' is a 2018 PPL Pacific Class 400 located in Singapore. The rig has not been activated or contracted since its delivery…
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