Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…
The mobile wind power installation platform Hengtong Haiyue has been delivered to the Hengtong Group by Jiangsu Dajin Heavy Industry in China.The mobile platform is equipped with a 1,600t leg encircling full-circle slewing crane as well as a 4…
China's CNOOC Ltd believes fossil fuel will be a stabilising factor in global energy demand for the foreseeable future, as the offshore oil and gas major sets a record output target for 2024, its executives said on Thursday.The state-run company…
Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said…
The US Department of the Interior will hold an offshore wind energy lease sale off southern Oregon on October 15, 2024.The auction will be conducted by the Bureau of Ocean Energy Management and could generate more than 3.1 gigawatts of renewable energy if fully developed…
Oceaneering International, Inc. announced that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the U.K. sector of the North Sea…
Senesco Marine recently held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Frontier.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part…
The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…
Massachusetts Maritime Academy (MMA) on Thursday announced it has renewed its training partnership agreement with RelyOn Nutec GoM (Gulf of Mexico).The partnership was formed in 2019 and over the past five years has provided specialized Global…
Mainstream Renewable Power, the pureplay global wind and solar company majority-owned by Aker Horizons, has announced that KF Wind, a 1,125MW floating offshore wind project being developed off the coast of Ulsan, South Korea, has secured the…
TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea.Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area…
On August 31, Ørsted will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station, located in the Western part of Denmark.The yearly consumption of coal at Esbjerg Power Station has been approximately 500,000 tonnes…
Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are…
Vard has signed a contract for the design and construction of a second hybrid ocean energy construction vessel (OECV) for the Norwegian shipping group Island Offshore.In May, the companies signed a contract for one firm OECVs with an option for two sister vessels…
Deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value of more than NOK 134 billion ($12.8 billion) in 2023, 94% of which were invoiced by Norwegian suppliers.The…
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