Norway-based offshore shipowner IWS Fleet said Monday that the first steel had been cut in China for its Construction Service Operation Vessel (CSOV).The steel cutting ceremony was held at the China Merchants Heavy Industry facility in Jiangsu…
Dutch crane builder Huisman has signed a contract with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of another 2,600mt Leg Encircling Crane (LEC). The deal follows a previous order, in July last year…
Norwegian oil and gas companies Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport. The agreement for assigning helicopters took effect on January 1…
Norway's trade surplus rose to a new record in December, boosted by soaring prices for its natural gas exports, national statistics agency data showed on Monday.The December surplus hit 106 billion Norwegian crowns ($12.09 billion), beating a previous record of 84…
TotalEnergies and Inpex have agreed to sell their Angola Block 14 B.V. subsidiary to the Angolan Company Somoil for an undisclosed price.Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49…
With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center…
Bumi Armada, a Malaysian offshore service firm and FPSO provider, has decided to wind up its two dormant subsidiaries.The company said that its subsidiaries Offshore Marine Ventures Sdn Bhd and Bumi Armada Ship Management Sdn Bhd, had approved…
Romania's offshore gas tax that has held up big projects in the Black Sea is set to be revised by the first half of this year after repeated delays, Energy Minister Virgil Popescu said, paving the way for investment.The tax on offshore projects…
Prysmian Group entered into a Limited Notice to Proceed (LNTP) for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around $252m. The LNTP was awarded to Prysmian by Samsung C&T as part of its EPC consortium with Jan De Nul Group…
Norway-based offshore vessel owner DOF Subsea has secured a contract extension for the Skandi Acergy construction support vessel. It has also won a new contract in Trinidad and Tobago for the Skandi Constructor vessel.For the Skandi Acergy,…
Dealmaking in the U.S. oil and gas industry halved in value in the fourth quarter from the third, with the annual total falling short of the pre-pandemic average, according to data published by analytics firm Enverus on Thursday.Oil producers…
Renewable energy giant RWE has informed that turbine commissioning at Triton Knoll Offshore Wind Farm in the UK has been successfully completed. Once fully operational, the power output of Triton Knoll will be 857 megawatts (MW), making it one of the world’s largest offshore wind farms…
Wave energy technology companies Eco Wave Power and Ocean Power Technologies, Inc. (“OPT”), said Thursday they were working to utilize their complementary technologies and skills to accelerate wave energy projects, under an agreement previously signed…
Norwegian oil company Aker BP has received consent from the Petroleum Safety Authority Norway to drill a pilot well in the North Sea, off Norway.Using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, Aker BP will the pilot well 25/10-U-8…
SSE Renewables said Thursday it planned to enter bids into the upcoming tenders for the 1.4GW Hollandse Kust (west) Wind Farm Zone in the Netherlands which are set to take place in the first half of 2022.The Dutch Government on December 23, 2021…