Audubon has won a contract with Shell Offshore to provide brownfield engineering and procurement (EP) services support for Shell’s Mars Corridor in the U.S. Gulf of Mexico.The contract covers Shell’s offshore platforms in the U.S. Gulf including its Mars…
Forecasters on Thursday amped up their outlook for the U.S. Atlantic hurricane season, saying warm sea temperatures and the absence of a moderating wind shear portend a 'well-above average' number of storms.Colorado State University researchers raised their estimate for tropical storms…
Norwegian oil and gas company Equinor has terminated a $428 million drilling contract with drilling firm Valaris for the Valaris DS-11 drillship.The drillship, stacked in Las Palmas, Spain, was supposed to start the contract in July 2024 and stay on the contract until December 2027…
Offshore installation company Subsea 7 on Wednesday said it had won a 'sizable' contract with Chevron for the development of the Ballymore offshore project in the U.S. Gulf of Mexico. Subsea 7 defines a sizable contract as being between USD 50 million and USD 150 million…
The U.S. offshore wind segment shows no signs of slowing on its journey to deploy 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Based on current project activity we anticipate around 60 GW of offshore wind capacity to be installed by 2035…
Italian energy services group Saipem has agreed to sell its onshore drilling business to Britain's KCA Deutag (KCAD) for $550 million, as it strives to bolster its finances after a profit warning and focuses on offshore drilling.Asset sales…
Cenovus Energy and its partners have agreed to restart the West White Rose oilfield project offshore Newfoundland and Labrador, Canada in 2023, the oil and gas producer said on Tuesday.Major construction activities in West White Rose project…
The Biden administration on Thursday proposed auctioning five areas off the coast of California for offshore wind development, a critical milestone in expanding the nascent U.S. industry to Pacific waters.It is the latest in a government effort to put wind turbines along every U…
Tekmar Group said Wednesday it had won a significant new contract to provide an integrated engineering solution, including Cable Protection Systems ('CPS'), for an offshore wind farm project in the U.S.The contract is expected to be delivered in 2023…
Dutch marine survey services firm Fugro is back on the water for Atlantic Shores Offshore Wind off the U.S. east coast, conducting a third year of integrated site characterisation services for the New Jersey-based offshore wind farm developer…
The European Union and United States are trying to convince oil and gas-producing countries to increase their production to help lower global fuel prices, German Chancellor Olaf Scholz said in an interview with Deutsche Welle.'It is necessary that we start to increase the supply with gas…
U.S.-based LNG company Excelerate Energy and a subsidiary of Gasgrid Finland, a Finnish state-owned natural gas transmission system operator, on Friday signed a ten-year deal in Helsinki for the charter of a floating storage and regasification vessel (FSRU) that they said would provide 'flexible…
The Biden administration will propose a new five-year plan for offshore oil and gas development by June 30, the date when the current plan expires, Interior Secretary Deb Haaland said on Thursday.The announcement comes as the administration…
Offshore engineering company Worley has won a three-year engineering and procurement (EP) services contract with Shell in the U.S. to support five of its assets in the Gulf of Mexico.'The contract will support Shell’s transition to a digitized…
U.S.-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country's flagship offshore projects, five people close to the matter said.The dispute erupted…
Subscribe
