UK-based HydroWing and Dutch tidal energy developer Tocardo are working on a solution that will convert tidal energy into hydrogen, store it and offload it - similar to an FPSO in the oil and gas industry - to overcome the intermittency as well as the transportation issues…
Aker BP will cut its quarterly dividend payments by two-thirds due to the COVID-19 pandemic and the plunge in crude prices, the Norwegian oil firm said on Wednesday after reporting a better-than-expected first-quarter core profit.Earnings before interest…
Wind turbines maker and service provider Siemens Gamesa has said its January-March quarter performance was affected by the COVID-19 pandemic on its operations and commercial activity, but assured that the long-term prospects for the industry and the company remain sound…
Hydraulic repair, manufacturing and rental company Logan Industries delivered a custom A-frame to TechnipFMC for one of the services company's new state-of-the-art remotely operated underwater vehicles (ROV), which will deploy later this year…
Offshore services provider Oceaneering has said that its Remotely Operated Survey (ROS) group has completed an Integrated Rig Services campaign Apache.Oceaneering was contracted by Apache Corp. in June 2019 to provide Integrated Rig Services on the Noble Sam Croft drillship…
NGI – Norwegian Geotechnical Institute - has won the contract for a structural measurement campaign at Ørsted's Hornsea 2 offshore wind farm development in the UK.The scope of the contract is design, production, and installation of instrumentation monitoring of the monopile foundations…
Franco-American oil services company TechnipFMC plans to cut up to 700 jobs across its sites in Norway due to the turbulent oil market situation, a spokesman for the company said on Tuesday.TechnipFMC, whose customers include major oil companies…
IEV, an asset integrity services provider to the oil and gas industry, has won a contract to provide advanced inspection solutions for an oil company in Malaysia.Singapore-based IEV said Monday it had won the contract through its 49%-owned associate…
Shipping, logistics, and marine services provider GAC has teamed up with a Singapore-based start-up to work on the delivery of supplies to vessels and offshore platforms via drones.GAC and the start-up named F-Drones will work to develop large…
Acteon Group subsidiaries MENCK and LM Handling have won a contract to support piling operations for a platform installation off the coast of Trinidad and Tobago. Subsea services firm Acteon said that the Trinidad and Tobago project would draw…
Offshore engineering services company Oceaneering has said its board has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.Oceaneering explained the…
UK-based energy consultancy Xodus Group has appointed Nigel Underwood as new manager to head up the company’s London subsea and pipelines division.Underwood, who joins from Petrofac where we worked as consultancy manager, will oversee Xodus’ international subsea and pipelines work…
UK-based ROV provider Rovco has been awarded a long-term contract by CWind for subsea work on the East Anglia ONE offshore wind project.The Rovco team will carry out a campaign of subsea inspection and survey work on all subsea structures, informing…
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Power Corporation (ADPower) have this week jointly announced tender for they development and operation of the region’s first high-voltage, direct current (HVDC) sub-sea transmission system…
CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME, has initiated the early works contract for the very first floating heavy lift and installation vessel to be built in Taiwan.To be named ‘Green Jade’…
Subscribe
