Dutch company Huisman has booked an order for the delivery of a Knuckle Boom Crane for a client in the offshore energy market.The 550mt Knuckle Boom Crane will be equipped with Huisman’s proprietary secondary-controlled Active Heave Compensation System…
Oilfield services company TechnipFMC has secured a ‘substantial’ contract from Petrobras to supply flexible pipe for the pre-salt fields offshore Brazil.The contract covers the design, engineering, and manufacture of flexible pipe for water injection and gas lift…
Empire Energy Partners' Offshore Division, an offshore wind EPC firm, has partnered with Largo Concrete, a structural concrete contractor, to support the growth of offshore wind sector.The partnership will leverage Empire Energy Offshore's project…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has encountered a high yielding well in Beibu Gulf, which produces daily over 1,000 cubic meters of oil equivalent.Wushi 16-5 structure is located in Wushi Sag…
Subsea specialist Sulmara has secured funding from the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) with the ability to launch and recover towed sensor packages.The project will deliver…
Vaar Energi, majority-owned by Italy's Eni, posted a second-quarter operating profit below expectations on Tuesday, but maintained its dividend payment level and said it was on track to increase oil output.Earnings before interest and tax (EBIT)…
Oil and gas company Energean has taken final investment decision (FID) for the Katlan development project in Israel, outlining the plan for the first gas in the first half of 2027.The Katlan area will be developed in a phased approach through a subsea tieback to the existing Energean Power FPSO…
Valaris’ jack-up rig Valaris 123 has been mobilized and is en route to drill the Selene exploration well in the Southern North Sea in Shell-operated license.The Valaris 123 drilling unit was mobilized on July 21 from its current location in the Central North Sea…
EIG-owned Ocyan has signed a contract worth around 750 million reais ($134.61 million) to provide maintenance and maritime services to Brazil's state-run oil firm Petrobras, Ocyan's chief executive Jorge Luiz Mitidieri told Reuters.The deal will last at least four years…
The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural gas export projects.Senators Joe Manchin, an independent who caucuses with Democrats…
Offshore drilling contractor Noble Corporation announced its first drilling campaign offshore Poland.The jackup Noble Resolve will drill one well for CEP Central European Petroleum BV in the Wolin Concession starting October 2024, in direct continuation after SPS…
Equinor Energy do Brasil, a subsidiary of Equinor, has awarded a multi-year contract to Valaris for its VALARIS DS-17 drillship, which will be deployed offshore Brazil on Raia project.The estimated total contract value is approximately $498 million…
Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured contract extension with marine geophysical services company PXGEO for its multi-purpose support vessel (MPSV) Siem Dorado.The current contract with PXGeo for…
Energy and marine consultancy ABL has secured a contract by INELFE (INterconexión ELéctrica Francia-España) to provide marine warranty survey (MWS) services to oversee the offshore transportation and installation (T&I) of the Biscay interconnector between France and Spain…
Portugal's Galp Energia on Monday reported its second quarter adjusted net profit jumped 16% and beat expectations as higher oil price and lower cost of production offset lower production and stable refining margin.It booked an adjusted net profit of 299 million euros ($325…