South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico.The contract, awarded by an oil developer in Mexico, is worth 1…
Norwegian offshore survey services firm PGS said Monday it had won a 'large' offshore wind farm site characterization contract in the U.S. from a 'leading renewable energy company.'PGS will use the Sanco Swift vessel which is rigged as an offshore wind site characterization vessel…
Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine war, according to data and industry executives…
Spanish renewable energy company Iberdrola said Monday it woul dhelp deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company said it would add approximately 90 miles (about 150 km)…
South Fork Wind, New York's first offshore wind farm, has achieved first 'steel in the water' with the installation of the project's first monopile foundation.In the coming days, South Fork Wind will install the project's U.S.-built offshore substation…
W&T Offshore, an independent oil and natural gas producer with operations offshore in the Gulf of Mexico, on Thursday announced the appointment of Sameer Parasnis to the position of Executive Vice President and Chief Financial Officer, effective July 3…
Offshore drilling contractor Transocean said its new eighth-generation drillship Deepwater Titan has started its inaugural contract with supermajor Chevron in the U.S. Gulf of Mexico.Built by Singapore's Sembcorp Marine and delivered to Transocean subsidiary Triton Titan GmBH in December 2022…
Top U.S. Gulf of Mexico oil producer Shell said on Wednesday that its Olympus offshore platform in the Gulf of Mexico was in the process of ramping up production after maintenance.The Olympus platform was offline for planned overhauls, starting June 7…
Houston based Talos Energy announced it has appointed Sergio L. Maiworm Jr. as the Company's Chief Financial Officer and Senior Vice President, effective as of July 1, 2023, replacing Shannon E. Young, III who has accepted a similar role with another independent E&P company…
Top U.S. Gulf of Mexico oil producer Shell on Thursday said its Olympus production platform in the U.S. Gulf of Mexico is offline for planned maintenance.The work started a week ago on Wednesday, June 7, and is expected to last 14 days, Shell said…
Massachusetts Maritime Academy (MMA) said it has started offering its Global Wind Organization Basic Technical Training (GWO BTT) course to community members, opening the door to those on Martha’s Vineyard interested in a potential career in the offshore wind industry…
The U.S. Coast Guard said Sunday it had medevaced an oil platform crewmember 23 miles southwest of Port Fourchon, Louisiana, Saturday.Coast Guard Sector New Orleans watchstanders received a notification at 4:19 a.m. of a 33-year-old crewmember…
Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said…
Norwegian offshore vessel operator Island Offshore has recently secured work for its Island Victory vessel, which will install a mooring spread for an FSRU (Floating Storage Regasification Unit) for an undisclosed client. The contract kicks in the autumn of 2023 and has a duration of 90-120 days…
Enterprise Products Partners' Sea Port crude oil export terminal off the coast of Texas could begin operations between the second half of 2026 and early 2027, the pipeline operator's co-CEO said on Thursday. The terminal, planned for about 30 miles (48 km) off the coast of Texas…
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