DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed…
Talos Energy said on Friday its CEO Tim Duncan had stepped down on Aug. 29 after serving more than 12 years as the U.S. oil and gas firm's top boss.Shares of the company fell 2.7% in premarket trade.The company named board member Joseph Mills…
GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated.The statement comes as the company has been grappling with fallout from three separate blade accidents in four months…
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…
Oceaneering International, Inc. announced that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the U.K. sector of the North Sea…
Senesco Marine recently held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Frontier.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part…
The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…
Massachusetts Maritime Academy (MMA) on Thursday announced it has renewed its training partnership agreement with RelyOn Nutec GoM (Gulf of Mexico).The partnership was formed in 2019 and over the past five years has provided specialized Global…
The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual jump on record.The Exchange Traded Fund tracking local government…
Archer Wind, Archer’s floating offshore wind solutions provider, has been awarded its first contract by TotalEnergies for delivery of the floating wind foundation for the Culzean Wind Pilot.The Culzean Wind Pilot will be connected to the Culzean platform…
Norwegian energy company Equinor has canceled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam, and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday…
Mexico's incoming president tapped academic Victor Rodriguez to be the next top executive of debt-ridden oil giant Pemex on Monday, among the last senior nominations for the country's financially volatile and politically sensitive energy sector…
Brazil's state-run oil firm Petrobras will do what it can to reduce the reinjection of natural gas into oil wells, Chief Executive Magda Chambriard said on Wednesday.The government published a decree on Monday authorizing the oil regulator ANP…
Norway's Equinor may reconsider investing in oil and gas in Britain if the Labour government changes the industry's tax regime, a top company executive told Reuters.Equinor's head of international operations said it may not be as attractive…
Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are…