The Biden administration on Thursday said it would hold an auction of oil and gas leases in the Gulf of Mexico on Nov. 8 following a court order to expand the sale.In a statement, the U.S. Bureau of Ocean Energy Management said the sale would offer about 72…
Gulf Island Fabrication said Thursday that its subsidiary, Gulf Island Shipyards, had resolved its lawsuit with the U.S. offshore vessel operator Hornbeck Offshore Services relating to the construction of two multi-purpose supply vessels (“MPSV”)…
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer.'The transaction generates significant capital which…
Offshore services vessels are designed for myriad activities in the maritime industry. But as multifunctional assets, they not only offer utilitarian capabilities that are indispensable for commercial diving, subsea construction, mining, and countless other activities…
Trinidad and Tobago on Wednesday launched an auction of 13 shallow-water oil and gas exploration blocks, more than double the number of blocks in its last auction, as the Caribbean nation tries to increase energy supplies for its industrial based…
Three U.S. states in New England - Massachusetts, Rhode Island and Connecticut - on Wednesday agreed to jointly procure offshore wind power as soaring interest rates and rising equipment and labor costs have made some projects uneconomic.By joining forces…
Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and…
A wind energy developer owned by France's TotalEnergies and a unit of Macquarie said on Monday it is bidding to build a wind farm off New Jersey's coast, expressing confidence in the sector after a series of U.S. setbacks.Spinning power from…
Japanese shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) and French renewable energy firm EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in the acceleration of the development of offshore wind and related business and to encourage developments in green hydrogen…
Dutch offshore installation services company Van Oord is set to start the cable installation works on Iberdrola's Baltic Eagle offshore wind farm in Germany.'After Van Oord’s heavy lift installation vessel Svanen completed installation of all…
The Norwegian offshore vessel owner Solstad Offshore has secured contract extensions for three of its offshore vessels.Equinor has declared the last contractual yearly option for the AHTS “Normand Ferking”. With the declaration of this option…
SLB’s End-to-end Emissions Solutions (SEES) business has introduced its next generation methane point instrument, a self-installed continuous methane monitoring system that uses IoT-enabled sensors to quickly and cost effectively detect, locate and quantify emissions across oil and gas operations…
Singapore-based Dyna-Mac has secured several contracts, including an order to construct topside modules for an FPSO vessel.Dyna-Mac said that it had recently secured contracts worth a total provisional sum of S$88.0 million from unnamed repeat customers…
UK-based offshore vessel designer Chartwell Marine has partnered with a designer and shipbuilder of specialized vessels, VARD, to introduce the Midi-SOV: a 'revolutionary' 55-meter offshore wind craft. 'Coming to both the US and European markets in 2024…
Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.The vessels are set for deployment on the Baleine field with a 15-year firm contract…
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