Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an undisclosed energy company for its Skandi Seven field support vessel (FSV).The LOI entails a two-year firm and one-year optional contract. The contract is defined as very large…
The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday.EU countries…
Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS).The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract…
Danish firm Cadeler has signed a contract with Inch Cape Offshore for the installation of 72 offshore wind turbines, each rated at 15 MW, at the Inch Cape Offshore Wind Farm in the North Sea.The work will be done with one of the newbuild M-class wind turbine installation vessels…
Esgian provides an update on exploration drilling in its Week 25 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesOslo-listed BlueNord announced on Monday the start-up of drilling operations on the Harald East Middle Jurassic well (HEMJ) in the Danish North Sea…
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) on Friday announced its approval of Ørsted’s construction and operations plan (COP) for the Sunrise Wind project, marking the final approval needed from the federal…
Boskalis’ cable-laying barge Giant 7 has started the installation of the second and final nearshore export cable for the 700 MW offshore wind farm Hollandse Kust (west Beta), being built offshore the Netherlands.The works on the second cable follow the successful installation of the first…
Equinor has been awarded the operatorship for the development of two new CO2 storages in the North Sea along with a 100% share for the two licenses, Albondigas and Kinno.The new licenses are each expected to have the capacity to store around 5 million tons of CO2 per year when in operation…
Woodside has revised its leadership structure to deliver the next phase of the company’s strategy to thrive through the energy transition.The revised structure, which will take effect from August 1, 2024, aggregates and elevates core business activities into a simplified operating model…
The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license…
Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector…
Ivory Coast expects a more than threefold increase to its oil output by 2027, boosted by recent oil and gas discoveries at the West African nation's Baleine and Calao offshore fields, President Alassane Ouattara said on Tuesday.The world's top…
Brazilian state-run oil company Petrobras has signed an agreement with the Rio de Janeiro state government to study a potential offshore wind power pilot project, the firm said on Tuesday in a securities filing.(Reuters - Reporting by Luana Maria Benedito; Editing by Kylie Madry)
The Philippines filed a claim with the U.N. on Saturday to an extended continental shelf (ECS) in the South China Sea, a waterway where it has had increasingly confrontational maritime disputes with China.'Today we secure our future by making…
Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is…