Norwegian offshore vessel owner Solstad Offshore has sold three platform supply vessels.The vessels, sold by Solstad's Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS subsidiaries, are the Sea Angler built in 2007, the Sea Bass built in 2008…
Scottish offshore engineering and construction company R&M Engineering (R&M) has appointed Colin Maver as Managing Director.'Mr. Maver was Group Director of Dron & Dickson for 16 years, gaining extensive market experience in UK, Brazil, and UAE…
Norway's Aker BP will raise output by 70% by 2028 to more than 350,000 barrels of oil equivalent per day (boepd), the independent oil and gas firm said on Thursday, sharply lifting its investment target.Capital spending will increase to $2.2 billion-$2…
UK-based oil company EnQuest has agreed to buy Canadian oil firm Suncor's entire 26.69% non-operated equity interest in the Golden Eagle area in the UK North Sea.The area, operated by China's CNOOC, comprises the producing Golden Eagle, Peregrine…
Norway's Kongsberg Maritime has announced the next generation of its HUGIN Autonomous Underwater Vehicle (AUV) that can carry out long missions without a mothership.Named HUGIN Endurance, Kongsberg Maritime says its new AUV boosts operational duration to approximately 15 days…
France will not put pressure on Germany about its plans for the Nord Stream 2 pipeline to pump more Russian gas to Europe, Foreign Minister Jean-Yves Le Drian said on Wednesday.A junior French minister said this week that Europe should consider…
French steel pipemaker Vallourec said on Wednesday it has reached an agreement in principle on financial restructuring with its main creditors.It has filed a request with the commercial court of Nanterre, in greater Paris, for the opening of safeguard proceedings…
Energy group Ørsted expects previously delayed U.S. wind farm projects to receive swifter approval under President Joe Biden's administration, the new chief executive of the Danish energy group said on Wednesday.Mads Nipper, who took the helm of the company in January…
Offshore drilling contractor COSL Drilling has partnered up with maritime tech provider Kongsberg Maritime, and drilling equipment firm NOV, to cut greenhouse emissions and lower the cost of its offshore drilling operations.COSL’s project, called ‘Energy Control’…
Offshore drilling contractor Stena Drilling has signed a strategic framework agreement with dCarbonX, for what has been described as 'decarbonization exploration,' in the UK to support the development of offshore geoenergy resources.Stena Drilling…
A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was the first to report on the incident on Wednesday, 'a major rescue operation has been ongoing overnight…
Danish offshore wind farm installation vessel owner Cadeler has hired Dutch firm KenzFigee to replace the current offshore deck crane on the jack-up vessel Wind Orca to make it ready for future offshore wind market needs.KenzFigee will deliver…
Oil and gas company Lundin Energy has drilled a dry well at its production license 533 B, in the Barents Sea, offshore Norway.The exploration well, formally named 7219/11-1, was drilled around 40 kilometers southwest of the Johan Castberg field…
CorPower Ocean, a Sweden-based developer of wave energy converters, which has recently secured a 10-year license marine license in Portugal, said Tuesday it had attracted an investment of 7.3 million euros for its Portuguese wave energy technology project…
Michael Koefoed will take on the role of Chief Financial Officer (CFO) in the Danish offshore vessel operator Maersk Supply Service, effective March 15, 2021.Koefoed, currently Head of Funding and Markets in A.P. Møller-Maersk, will replace…
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