Vard, Norwegian subsidiary of the Fincantieri Group, has signed a new contract for the design and construction of one tailor-made Commissioning Service Operation Vessel (CSOV) for Navigare Capital Partners.The contract, established in close…
Danish shipowner CBED has secured a one-year contract extension with Hughes Subsea, an OEG Renewables company, for its Wind Evolution commissioning service operation vessel (CSOV).Only six months into the Wind Evolution’s first contract with Hughes Subsea…
VINCI Energies has expanded its industrial activities into a new market segment in the Netherlands with the acquisition of RH Marine and Bakker Sliedrecht, a group of two companies specializing in the maritime sector.By joining VINCI Energies’ network of companies…
Acteon, the international marine energy and infrastructure services business, has signed a non-exclusive memorandum of understanding (MoU) with TAISEI Corporation that sets out how the companies will use each other’s skills and services for floating offshore wind projects in Japan…
Three new floating offshore wind projects have signed contracts with Norway's test facility METCentre to trial new technologies aimed at reducing costs of floating offshore wind.The companies that have signed with METCentre will demonstrate floaters with 15 + MW turbines…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at the Bozhong 19-2 oilfield development project in Bohai Bay.The project is located in central Bohai Bay, with an average water depth of about 20 meters…
Oilfield services company TechnipFMC has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from BP for its greenfield Kaskida development in the Gulf of Mexico.The contract, valued between $250 million and $500 million…
Australia’s offshore energy regulator NOPSEMA has issued an alert after a shark was found tangled in a rope loop attached to an electrical flying lead.The shark was spotted by a ROV operator during a subsea survey. The operator was then able…
Sweden-based Viking Supply Ships announced it has secured a contract for four 100-ton heave-compensated offshore cranes to be installed on its fleet of ice classed anchor handling tug supply (AHTS) vessels.These advanced cranes will enhance the vessels' capabilities…
Energy firms Equinor, Aker BP and Vaar Energi have raised their crown-denominate cost estimates for major oil and gas development projects offshore Norway, the country's government said on Monday.Equinor's Johan Castberg project is now expected to cost 86 billion crowns ($8…
Bronze bearings in the stern roller of the Anchor Handling Tug Supply (AHTS) Vessel ES Kestrel have been replaced with grease-free SXL bearings from Thordon Bearings while the vessel remained afloat and operational.The replacement was undertaken…
Eco Wave Power has signed an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy, a subsidiary of maritime engineering company Lian Tat, for the pilot wave energy plant in Taiwan.According to the terms of the agreement…
Equinor has acquired a 9.8% stake in Ørsted, becoming the second largest shareholder in the company after the Danish State, which holds a controlling stake.Equinor's ownership position has been built over time, through a combination of market purchases and a block trade…
Chevron Mediterranean, a subsidiary of the U.S. oil giant Chevron, has informed that the works on the Leviathan field that would expand its gas production have been postponed due to the escalation of security situation resulting from the Israel-Gaza war…
The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidy payments in the country's first commercial floating wind power tender, in line with a compromise reached earlier this year.'Norway…