CWind, part of the Global Marine Group (GMG), has signed a Collaboration Agreement with the Offshore Renewable Energy (ORE) Catapult, the UK’s offshore renewable energy innovation center.According to a press release from CWind, the provider of topside…
Italian oil company Eni said that it has successfully launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.According to a press release…
An appraisal well in the Zama project offshore Mexico showed more potential for oil, raising hopes of a large discovery, operator Talos Energy said on Thursday.The Zama project in Block 7 offshore Mexico is operated by Talos, whose partners include Sierra Oil and Gas and Premier Oil…
UAE-based marine geophysical company Polarcus announced Thursday it has been awarded a 3D marine seismic acquisition project offshore Mexico for an unnamed customer.Polarcus said the project duration is approximately 45-days and is scheduled to commence in the second quarter of 2019.
UAE-based subsea and offshore solution provider Unique Group announced Thursday it it has entered into a contract with Singapore-based offshore and marine oil field services company POSH Subsea to offer integrated diving solutions.As part of the agreement…
Singaporean conglomerate Keppel Corp posted improved results for the fourth quarter, helped by narrower losses in its offshore and marine division, and said it was seeing signs of recovery in the rig industry.The company on Thursday reported a net profit of S$135 million ($99…
German energy group RWE AG announced that it has filed with the European Commission (EC) its planned acquisition of the renewable energy business of both E.on SE (ETR:EOAN) and Innogy SE.The landmark deal between German utilities Eon and RWE was signed in March 2018…
Jack-up drilling specialist Shelf Drilling has been awarded a three-year contract in India for for the Ron Tappmeyer jackup by Oil and Natural Gas Corp (ONGC).The Mumbai High offshore operations have been scheduled to start by Q2 2019, said a press release from the jack-up rig owner…
U.S. based Oceaneering International has secured three subsea umbilical contracts valued in excess of $80 million in total. The contracts with major international operators are to supply developments in the Mediterranean Sea, the North Sea and the South China Sea…
Germany's Innogy is likely to sell a stake in its Sofia offshore wind project in Britain, once a subsidy is secured, the company's chief operating officer for renewables said.Innogy plans to enter the 1,200 megawatt Sofia project into Britain's next offshore wind subsidy auction in May…
Subsea equipment rental, sales and services provider Ashtead Technology announced it has entered into a global strategic partnership with 4Subsea.Under the deal, Ashtead said it will add 4Subsea’s sensors to its portfolio for inspection, maintenance…
China's state-owned offshore oil and gas producer CNOOC Ltd said it is confident of achieving its spending target this year, the highest since 2014, as its responds to a call to build up the nation's petroleum output and reserves.The company plans to spend 70 billion to 80 billion yuan ($10…
The Carbon Trust's Offshore Wind Accelerator (OWA) issued a Request for Information (RFI) on the potential to reduce emissions and fuel consumption in offshore vessels. OWA plans to start a new industry competition next month.The RFI is the…
The Chinese province of Jiangsu has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW).The country's state press agency Xinhua reported citing sources with the State Grid Jiangsu Electric Power Company that the newly approved projects…
Denmark's Ørsted, the global leader in offshore wind, surpassed more than 7,500 international, billion-dollar companies to rank fourth in the Corporate Knights' 2019 index of the Global 100 Most Sustainable Corporations in the World.The ranking…
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