BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for $125 million to a subsidiary of Murphy Oil Corporation, the operator of the Cascade & Chinook field.The transaction includes an initial payment of $100 million upon…
The Japan Energy Summit & Exhibition 2025 Executive Committee convened in Tokyo under the leadership of Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA), to define the event’s agenda and assess the challenges shaping Japan’s energy future…
TMC Compressors (TMC) has secured a contract to deliver a large capacity marine compressed air system to the large floating liquefied natural gas (FLNG) unit that Wison New Energies is building for Malaysia-based Genting.TMC will deliver its scope as a subcontractor to Jereh Offshore…
Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.Gas from the Vaca Muerta region would be interesting to Petrobras as a pipeline connecting Argentina…
Petrobras obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, Reuters reports. Its February 10 request was granted on Monday for the…
Consortium partners Semco Maritime and PTSC M&C have completed the load-out and sail-away of the second and last offshore substation for the Hai Long Offshore wind project in Taiwan.The load-out and sail-away of the second substation for Hai Long 3 offshore wind farm…
Van Oord’s offshore installation vessel Boreas has arrived in the Netherlands after a voyage from China of almost 14,700 nautical miles for final outfitting and christening before embarking on its first offshore wind project.The Boreas is currently docked at TMA Logistics in the Port of Amsterdam…
Palfinger Marine has secured a contract by CRIST S.A. in Poland to supply a comprehensive equipment package for a next-generation Offshore Support Vessel (OSV) under construction for DOF Group.As part of the comprehensive equipment package, Palfinger Marine will supply a fully electric…
Norwegian shipbuilder Vard has marked the start of construction of Island Offshore’s hybrid power ocean energy construction vessel (OECV) at its shipyard in Romania.Vard secured the order for the vessel, named Island Evolution, from Island Offshore back in May 2024…
Mitsui O.S.K. Lines (MOL) has announced that green hydrogen produced from offshore wind using the demonstration yacht Winz Maru was supplied onshore in the central breakwater area of Tokyo, as part of the Wind Hunter Project.This marks the first…
BW Energy has made a ‘substantial’ oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu license, offshore Gabon. The well was drilled by Borr Drilling’s Norve jack-up rig to a total depth of 4,135 meters.Evaluation…
TDI-Brooks recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nigeria.These projects involve the acquisition of…
Akastor, through its fully-owned subsidiary DDW Offshore, has entered into a binding agreement to sell Skandi Peregrino anchor handling tug supply (AHTS) vessel.Skandi Peregrino AHTS has been sold for the purchase price of $25 million to an unnamed buyer…
The global offshore wind industry is poised for a rebound in 2025, with capacity additions expected to reach 19GW and sector-wide expenditure projected to hit $80 billion, according to research from Rystad Energy.This recovery follows a slowdown at the end of last year…
Guyanese President Irfaan Ali said on Saturday that a Venezuelan coast guard patrol entered Guyanese waters earlier in the day, approaching an output vessel in an offshore oil block managed by Exxon Mobil.The South American neighbors are involved…
