The oilfield service sector is poised for more consolidation in 2025, according to Deloitte's 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump expected loosen regulations on the U.S. oil and gas industry.The uptick in deals…
FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer…
The Bureau of Ocean Energy Management (BOEM) has announced its approval of the Construction and Operations Plan for the Maryland Offshore Wind project.This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision…
McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and Chinwol field development project in the Gulf of Mexico.Under the contract scope, McDermott will provide comprehensive FEED services for the project's engineering…
Inyanga Marine Energy Group has opened a new office in Canada to help drive the development of offshore renewable energy in the country.The new company is called Inyanga Maritime Services Nova Scotia Limited, based in Halifax Nova Scotia.Kiley…
JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, has secured a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project.JDR's comprehensive…
Senesco Marine has launched its sixth Crew Transfer Vessel (CTV), the WindServe Spartan, which will put to service for United States’ growing offshore wind industry.WindServe Marine, a sister company to the Rhode Island shipbuilder Senesco Marine…
American Offshore Services (A-O-S) has taken delivery of a hybrid-ready ready Crew Transfer Vessel (CTV), the third G-Class vessel for the company in 2024, which will support the development of offshore wind industry on the United States’ East Coast…
Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.Australia-listed…
The FBI has been investigating a longtime Exxon Mobil consultant over the contractor's alleged role in a hack-and-leak operation that targeted hundreds of the oil company’s biggest critics, according to three people familiar with the matter…
Chet Morrison Contractors, on behalf of floating wind startup Aikido Technologies, has performed the final structural assembly of Aikido One floating wind platform in less than 40 working hours, establishing a new standard in the industrialization of floating platforms…
U.S. oil and gas company ConocoPhillips has completed the acquisition of Marathon Oil Corporation in a $22.5 billion takeover deal.The $22.5 billion acquisition was first announced in May 2024 as an all-stock transaction, which includes $5.4 billion of Marathon's debt…
Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed a strategic cooperation agreement with Dalian Shipbuilding Offshore (DSOC) to deliver latest semi-submersible units, specifically tailored to meet the criteria for operations in Chinese waters…
The Connecticut Wind Collaborative (CWC) has launch of the Connecticut offshore wind industry study, which aims to identify and expand offshore wind supply chain opportunities for Connecticut and the Northeast region.The study will build on build the Connecticut offshore wind strategic roadmap…
U.K.-based high voltage (HV) engineering specialist Ventus Energy has launched its U.S. entity with two East Coast locations to further support the rapidly growing offshore wind industry in the United States.Operating as Ventus Energy Incorporated…