Danish grid operator Energinet signed deals on Tuesday with Belgium's Elia and Germany's 50Hertz that move Denmark closer to building two sea links connecting its offshore wind turbines to Germany and Belgium to boost the flow of green energy in the region…
UTEC, a company providing survey, positioning, and data services in the offshore energy world, has deployed Sonardyne’s Fusion 2 software and associated hardware to support offshore construction in Australia.Combined long baseline (LBL) acoustic…
The EU has drafted legislation to reduce methane emissions by forcing oil and gas companies to report their output and find and fix leaks of the gas that is the second-biggest cause of climate change, according to a draft seen by Reuters on Monday…
Norwegian offshore oil and gas producer Vår Energi has signed an agreement with IKM Elektro for support to all its operated facilities on the Norwegian continental shelf (NCS). IKM Elektro will be responsible for inspection, service, and maintenance of electrical equipment and rotating machines…
Bonheur, a Norwegian holding company for the Olsen family, has established Fred. Olsen 1848, described as a company dedicated to developing technologies and solutions for the renewable energy industry.'In Fred. Olsen 1848 we are determined to act now…
For the first time in a decade, a massive new liquefied natural gas (LNG) project has been approved for construction in Australia, but the Scarborough venture's structure and market realities indicate it may well be the last of its kind.Woodside…
Design and engineering consultancy Houlder said Tuesday it was supporting Subsea Micropiles, a company adapting land-based micropiling technology to create superior marine foundation and anchor solutions.Houlder is providing marine operations…
PJ Valves (PJV), a manufacturer and supplier of valves for the energy industry, has secured orders to supply valves for two FPSOs in Brazil.One of these FPSOs is planned to be one of the largest offshore oil producing units in the world. The FPSO…
Institutional investors advised by J.P. Morgan Global Alternatives, in cooperation with Norwegian offshore services firm Havfram, have signed a letter of intent with China's CIMC-Raffles to build 'a series of next-generation, state-of-the-art wind turbine installation vessels (“WTIV”)…
Australian shares ended higher on Tuesday, buoyed by gains in the mining and energy sectors, a day after BHP Group and Woodside Petroleum gave the final sign-off on their $12 billion Scarborough LNG project.The S&P/ASX 200 rose 0.78% to close at 7…
Ocean bottom node seismic data acquisition firm Magseis Fairfield has said it has secured a conditional award of a 4D OBN survey in the North Sea.The survey will be conducted with Magseis Fairfield’s Z700 technology, with the start-up is expected in the second quarter of 2022…
Guyana is getting ready to raise requirements on oil operators to protect the nation against spills and future removal costs of production platforms, the head of its environmental agency told Reuters.Guyana currently requires financial assurance…
Houston-based offshore services firm Helix Energy Solutions has won a 5-well complete abandonment project by New Zealand’s Ministry of Business, Innovation & Employment (MBIE).Helix Energy Solutions will deploy its Helix Q7000 semi-submersible vessel and 10K Intervention Riser System (IRS)…
Construction of Operations and Maintenance (O&M) Base at the Port of Tyne for the giant Dogger Bank offshore wind farm in the UK has officially started. At 3.6GW, the wind farm will become the biggest in the world when fully operational in 2026…
State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…