Norwegian offshore vessel owner DOF Group has secured a new contract and a contract extension for two of its vessels that will be employed in the Asia Pacific region.The latest contract secured for the region is related to Skandi Hercules vessel…
Norwegian offshore seismic survey firm PGS has secured an offshore wind site characterization contract in Europe.The project will be acquired with PGS' ultra-high-resolution 3D (UHR3D) streamer. According to the company, UHR3D streamer provides…
Global energy and marine consultancy ABL has finalized the marine warranty survey scope in connection with the successful installation of Germany’s Ostsee Anbindungsleitung (OAL) subsea pipeline, with the first gas feed-in expected imminently…
Island Drilling has started evaluating all legal recourse at its disposal to contest the termination of contract for its Island Innovator semi-sub rig, by Trident Energy and its partners in the Block G offshore Equatorial Guinea, deeming the claims on safety issues with the unit ‘not accurate’…
Oilfield services provider Expro has entered into a definitive agreement to acquire well integrity and production optimization company Coretrax from an investment group led by Buckthorn Partners for $210 million.Subject to customary closing conditions and working capital adjustments…
Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…
The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…
Three Welsh companies have been selected for Offshore Renewable Energy (ORE) Catapult’s first Fit 4 Offshore Renewables (F4OR) program, aimed at boosting their skills and expertise in delivering support for the floating wind sector in Wales…
Norwegian company Reach Subsea has made charter agreements for two vessels to meet the increasing demand in the subsea services market.Reach Subsea has expanded its capacity by securing charters for both the Northern Maria and Olympic Taurus vessels…
Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…
Offshore drilling contractor Borr Drilling has secured contract commitments totalling 495 days and $82.2 million in revenue for three of its jack-up rigs, excluding mobilization and demobilization compensation.Firstly, BW Energy has extended…
State energy company Pemex released large volumes of methane from an oil platform in the Gulf of Mexico last year, with leaks recurring even after a United Nations agency flagged problems there to the Mexican government, according to a Reuters analysis of previously unreported U…
FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…
Swedish marine energy company Minesto has reached a key milestone with the delivery of first electricity to Faroe Island’s grid from its 1.2MW utility-scale Dragon 12 tidal energy device.In the early morning of February 9, the Dragon 12 device…
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