Van Wijngaarden Marine Services has signed a Letter of Intent (LOI) with Kooiman Marine Group for the design and construction of a next-generation DP2 multi-purpose vessel (MPV).The 4716 MPV will incorporate the latest in IMO Tier III emissions and ULEV (Ultra Low Emission Vessel) compliance…
SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol.SBM Offshore’s exit from Equatorial…
Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore.Kongsberg Maritime and…
Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources.Azerbaijan's…
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…
OEG has secured a three-year contract with an international oil major to supply logistics equipment for its operations in North America. The agreement includes optional extensions for up to five years, OEG said.OEG will provide its cargo carrying units (CCUs)…
Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays…
Deepsea Technologies Inc. announced it was recently awarded a contract to supply subsea distribution equipment for an independent operator in the Gulf of Mexico.Deepsea Technologies said it will supply subsea distribution equipment including multiple subsea umbilical termination assemblies…
Power services firm GE Vernova on Wednesday said a manufacturing flaw led to a turbine blade failure at the Vineyard Wind offshore project off the coast of Massachusetts earlier this month.The turbine blade broke on July 13 and left potentially dangerous debris on beaches on the island of Nantucket…
Offshore Frontier Solutions Pte. Ltd., a MODEC Group company has placed a new contract with Miko Marine AS, of Norway, for the supply of sea inlet covers to be carried aboard its new floating production storage and offloading unit (FPSO).The FPSO…
Kongsberg Maritime has introduced a new size of underwater mountable azimuth thruster with a 3.7 meter propeller and 4.2-megawatt power output model joining the range. Suited to a range of vessels including drill ships, windfarm vessels and production vessels…
Custom engineering is the name of the game at Cortec, a U.S.-based valve manufacturer that specializes in helping its clients – the oil majors – solve some of their most challenging pipe and valve challenges.
A top executive of Schlumberger NV (SLB), the world's largest energy services firm, on Monday predicted autonomous drilling of oil and gas wells will beat autonomous driving cars to market and create new efficiencies for oil producers.Autonomous…
NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said.The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes…
Chlorine sensors manufacturer Halogen Systems announced it recently shipped its first batch of chlorine analyzers to be installed in offshore wind farms. The sensors, designed to measure the residual chlorine levels in seawater cooling systems…