Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team.The new investment…
Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia.The $1.14 billion worth contracts were awarded in the last two months of 2023…
Franklin, La. shipbuilder Gulf Craft in December delivered WINDEA Intrepid, a new crew transfer vessel built for WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.Designed by Incat Crowther and classed by Bureau Veritas, the…
U.S. crude production will rise to record highs in 2024 and 2025, but will grow less than it did last year, the U.S. Energy Information Administration (EIA) said on Tuesday.In its Short-Term Energy Outlook (STEO), EIA projected U.S. crude production will rise by 290…
Eversource Energy has informed about the expected impairment charge of up to $1.6 billion related to three offshore wind projects in the United States.The impairment the energy utility Eversource Energy expects is related to three projects it owns as part of two partnerships with Ørsted…
DNV has launched a joint industry project with ten offshore wind and transmission developers to identify changes to electrical standards and standardization needed to enable the connection of High Voltage Direct Current (HVDC) transmission into the United States’ electric grid…
Offshore LNG infrastructure company Energos Infrastructure has completed the acquisition of two floating storage and regasification units (FSRUs) from the affiliates of Greek Dynagas.The two 174,000 m3 closed-loop FSRUs, built in 2021, will be renamed Energos Force and Energos Power…
Jobs in the U.S. oilfield services sector has experienced a rise in 2023, compared to the numbers a year before, though the last month of the year has witnessed a slight decline, according to the analysis by the Energy Workforce & Technology Council…
UK engineering company Wood has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion floating production unit (FPU) in the Gulf of Mexico.When complete, Trion will have a production capacity of 100…
Empire Offshore Wind, a joint venture between Equinor and BP, has terminated the contract awarded to Great Lakes Dredge & Dock Corporation and Van Oord for rock installation at Empire Wind 2 offshore wind project.In 2022, the Great Lakes and…
Offshore drilling contractor Noble Corporation has secured contract extension for its Noble Valiant drillship in the U.S. Gulf of Mexico.LLOG Deepwater Development Company and LLOG Exploration Offshore have exercised an option to extend the…
Palatka, Fla. shipyard St. Johns Ship Building announced it has delivered WINDEA Courageous, the first of three Jones Act compliant crew transfer vessels (CTV) ordered by WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.The…
Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit…
Oilfield services company Danos has secured a contract with BP to renew its comprehensive drilling logistical services for its Gulf of Mexico assets.Danos will oversee the coordination of materials and personnel to and from multiple BP locations…
U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023…