Engineering and maintenance services firm Sparrows Group has secured a three-year contract award from Serica Energy for crane operations and maintenance services on the UK North Sea platform, Bruce. Sparrows will provide resident focal points…
Oasis Marine Power said Thursday it had completed the first stage of testing of its offshore charging station.The Oasis Power Buoy is an offshore mooring and charging station with a zero-emission power source fed from wind turbines. 'Initially…
Hess Corp said on Tuesday it expects its 2022 capital budget for production to rise 37% as the oil company looks to focus on its operations in Guyana and the U.S. Bakken shale basin.A more than 50% rise in global crude prices in the past year…
Petrogas E&P Netherlands, a part of Petrogas E&P LLC, based in Muscat, Oman), has awarded Heerema Marine Contractors a contract to decommission multiple North Sea oil platforms.The contract is for the removal of the Haven, Hoorn, Helm, and Helder…
Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…
U.S. liquefied natural gas (LNG) developer Delfin LNG said it plans to make a final investment decision (FID) to go forward with its Gulf of Mexico floating LNG export project off Louisiana in 2022.'This is the best macro-environment that the LNG business has ever seen…
Abu Dhabi's offshore marine services company ZMI Holdings said on Tuesday it had signed and closed a new senior secured financing facility of up to $500 million.It will help ZMI invest further in its growth markets, and provide committed and…
Offshore engineering and construction company McDermott said Monday it had secured a mega offshore contract from QatarEnergy.Under the award, McDermott will be responsible for the delivery of engineering, procurement, construction, and installation…
Offshore engineering and construction firm McDermott has secured a contract with the Australian oil and gas firm Woodside to deliver hull and topsides for the floating production unit to be installed at Woodside's Scarborough development offshore Australia…
Aberdeen-based subsea battery developer EC-OG has made the first commercial delivery of its Halo subsea battery storage system. The lithium-ion-based device will be part of 'a world-first autonomous offshore power sea trial' in Q1 2022 at the US Navy Wave Energy Test Site…
Denmark-based BMS Heavy Cranes has ordered a 3,000mt Ringer Crane, with an option for a second unit from the Dutch crane maker Huisman.According to Huisman, the crane setup has been optimized for operations in the wind industry. With the capability to lift components of 1…
Oil and gas company Neptune Energy is developing new “digital twins” of two platforms in the Dutch North Sea, which the company says will speed up work schedules, and reduce costs and environmental impacts by enabling engineers to work onshore…
Qatari national oil and gas company QatarEnergy has said it has awarded a major engineering, procurement, construction, and installation (EPCI) contract for the offshore scope of its North Field Expansion Project to McDermott.The expansion project…
Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…
The offshore transformer station of the Hollandse Kust (zuid) Alpha platform is successfully installed on the jacket in the North Sea, about 20 kilometers off the coast of The Hague, on Sunday. The transformer station is one of the two topsides of the Hollandse Kust (zuid) offshore grid…
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