Finland's marine engine and equipment maker Wärtsilä said Friday it would deliver the steerable and tunnel thrusters for two new wind farm turbine installation vessels being built for the China Three Gorges Corporation (CTGC), a China state-owned power company…
Norway-based crane maker Red Rock has won a contract with shipbuilder Vard to deliver equipment for three service offshore vessels (SOVs) Vard is building in Vietnam for the UK-based shipowner North Star Renewables. The vessels will be operating…
In what has been described as an industry first, ABS has design reviewed a deep-sea mineral riser system capable of reaching more than 6,000 meters beneath the sea surface.Developed by Oil States Industries (OSI), the Merlin Deepsea Riser System…
Siemens Gamesa’s profit warning last week served as a painful reminder for Christian Bruch, CEO of parent Siemens Energy, that there’s a big difference between owning a majority stake in an asset and having full control.Siemens Energy holds 67% in Spanish-listed Siemens Gamesa…
Companies vying for rights to develop wind farms off the coast of Scotland, as part of the ScotWind seabed lease sale, have filed 74 applications by July 16 deadline.Crown Estate Scotland today confirmed that 74 applications have been received…
Norway-based offshore support vessel firm Solstad Offshore has won a charter deal for its construction support vessel Normand Jarstein.The contract is with the subsea services firm DeepOcean AS.The Normand Jarstein vessel (ex-Rem Pioneer) will support DeepOcean`s IMR…
Norwegian energy giant Equinor has chartered Floatel International's offshore accommodation rig Floatel Victory.Equinor will use the semi-submersible flotel for maintenance and safety services alongside the Peregrino FPSO offshore Brazil.The…
Shares of energy services firm Baker Hughes slipped on Wednesday after reporting second-quarter results that fell short of Wall Street estimates as it shifts its business to technology and services that help customers transition to a lower-carbon world…
Dutch seabed survey services firm Fugro has won a subsea inspection contract with the oil and gas company Neptune Energy at the Cygnus gas field in the UK North Sea.As part of the contract, Fugro will employ its specialized survey technology to inspect the subsea infrastructure…
Iberdrola is looking to new markets to help fuel growth and could even consider spinning off its offshore wind business to raise funds, the global wind power group said on Wednesday.In first-half results, Europe's biggest wind power group said…
London-listed oil and gas Harbour Energy has hit a snag with the start-up of its Tolmount offshore gas field in the UK North Sea, as electrical systems issues were found during the testing of the recently delivered offshore platform. The start-up…
Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…
Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday…
Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.The Houston, Texas-based company reported a 33…
Apollo Global Management has recently informed that certain funds managed by its affiliates have signed an exclusive agreement to invest in the Arthur Kill Terminal project, dubbed a major offshore wind energy staging and assembly port under development in Staten Island…