Eidesvik Seven Chartering, a joint venture company between Subsea7 and Eidesvik Offshore, has entered into an agreement with Subsea7 to extend the contract for the subsea vessel Seven Viking.Subsea7 declared the remaining option for 2026 and…
OEG Energy Group (OEG) has officially unveiled GEOBASE, an offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software…
Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services…
Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contractor based in Norway, in a deal worth $985.5 million.The strategic acquisition aligns with DEME's ambition…
Italian energy group Eni will invest around 24 billion euros ($26.24 billion) in Algeria, Libya and Egypt over the next four years to help boost energy production, CEO Claudio Descalzi said on Tuesday.The investments would coincide with the…
Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing 160 million cubic feet of natural gas per day.Mellitah…
Mozambique on Tuesday approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.According to a government statement, the plan will see the production of 3…
The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, the Caribbean country's prime minister, Stuart Young, said on Tuesday.Trinidad…
A prominent energy research firm slashed its five-year outlook for new U.S. wind energy projects by 40% on Tuesday, citing Trump administration policies and concerns about the economy.Wood Mackenzie expects the United States to install 45.1GW of wind…
Brazilian oil company Petrobras is set to hold a tender for a new production vessel for the country's pre-salt Buzios field in 'the next few months,' the state-run firm told Reuters on Tuesday.Reuters reported earlier in the day, citing sources familiar with the matter…
One of the world’s largest base ports for offshore wind activities Port of Esbjerg and Norwegian port operator WindPort have entered into a strategic partnership to accelerate offshore wind development in Norway.The partnership focuses on joint…
Stillstrom by Maersk and the Panama Canal Authority (ACP) have signed a Memorandum of Understanding (MOU) to explore the implementation of Stillstrom’s offshore charging technology to reduce emissions from vessels idling in and around the Panama Canal…
Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump's administration.Offshore wind was a key pillar of former President…
Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday.The animal care center in the town of Oiapoque…
Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy’s field offshore Angola.Two offshore cranes of…
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