Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…
Dutch geodata firm Fugro has ordered an uncrewed surface vessel of SEA-KIT XL Class for future North Sea operations. According to USV maker SEA-KIT, the 18-meter USV, to be named Blue Eclipse, will be the first of its kind, and will be constructed…
James Fisher Renewables's subsidiary EDS HV Group has won a contract to provide the high voltage safety management commissioning phase at Iberdrola’s Baltic Eagle Offshore Wind Farm, off the coast of the German region of Pomerania.The contract…
Norway-based offshore wind developer Aker Offshore Wind said Thursday it remained committed to its strategy and to developing its international project portfolio despite the disappointing result in the ScotWind leasing round where the company did not secure any project licenses…
Dutch offshore installation company Heerema Marine Contractors has won a contract with McDermott to transport and install six large jackets within Package-1 of Saudi Aramco’s Marjan Increment program.The Marjan oil and gas field is located in the Arabian Gulf off the eastern coast of Saudi Arabia…
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has granted Construction and Operations Plan (COP) for the South Fork Wind, New York’s first offshore wind farm, Ørsted confirmed Thursday. This is the final decision…
A federal appeals court on Wednesday revived a fight between BP, two contractors, and an insurance company over who should pay for thousands of personal injury claims brought by cleanup workers after the Deepwater Horizon explosion and fire in 2010…
Hornblower Group announced on Wednesday it has acquired two offshore vessels: the Seaward Explorer and Seaward Endeavor, previously the California Responder and Pacific Responder, respectively. Seaward Services, Inc. (SSI), part of the Hornblower Group of maritime businesses…
Kremlin spokesman Dmitry Peskov said on Wednesday that the fact no gas was being shipped through the Nord Stream 2 pipeline to Germany, which is awaiting regulatory clearance, was bad for gas consumers and economic development during the COVID-19 pandemic…
Brazilian oil company Enauta has extended the charter of the Petrojarl I FPSO, used as an early production system at its Atlanta field, in the Santos Basin, offshore Brazil.Enauta signed contracts with Altera to extend the charter and Operation and Maintenance (O&M) of FPSO Petrojarl I…
Oil and gas firm Eco Atlantic has increased its stake in JHI Associates by acquiring additional 800,000 common shares in JHI in return for 1,200,000 new common shares in Eco.'The purchase of the 800,000 common shares in JHI is expected to be completed on 21st January 2022…
Germany signaled on Tuesday that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.Stepping up diplomacy after talks with Russia ended in stalemate last week…
PGS, a Norwegian seismic data company best known for its offshore oil and gas exploration services, is expanding into the carbon capture and storage arena with its second carbon storage survey deal announced in as many days.Namely, a day after…
Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's two neighbors, the foreign ministry said on Monday.Bolsonaro and the presidents of Suriname…
The New York State Energy Research and Development Authority (NYSERDA) announced the start of a major analytical project to understand transmission interconnections between offshore wind turbines and land-based points of interconnection (POIs)…
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