U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…
Yinson GreenTech (YTG), a green tech investment branch of the Malaysian FPSO giant Yinson, has announced its strategic investment in a Norwegian startup specializing in autonomous solutions for the maritime industry called Zeabuz.'The investment…
Shares of John Wood Group Plc surged over 30% on Thursday after the company said it received three preliminary buyout proposals from private equity firm Apollo Global Management Inc. The British oilfield services and engineering firm said late…
Subsea 7's renewables-focused offshore installation subsidiary Seaway7 on Thursday announced it has struck a deal with offshore services company Saipem to collaboratively pursue projects in the growing offshore wind industry.Under the commercial collaboration agreement…
ODE Asset Management said Thursday it had started a 9-month charter of the VOS Glamour multi-purpose vessel managed by Vroon Offshore Services.VOS Glamour will undertake emergency response and multi-role duties across ODE AM’s managed assets in the UK's southern North Sea…
Rovco completed a contract awarded by Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea. This is the second contract Rovco has secured with Well-Safe Solutions, having previously…
Norway's METCentre, a floating wind test center, has just signed a Memorandum of Understanding with the Portuguese offshore wind player WavEC. WavEC provides commercial services for wind farm developers and is a shareholder of the Aguçadoura test site…
Offshore installation firm DEME Offshore will need to deploy its special drilling technology again to install offshore wind monopiles at an offshore wind farm in France, due to rough ocean conditions and a rocky seabed.The company recently secured…
James Fisher and Sons plc and Uptime International have signed a memorandum of understanding to partner for the use of motion compensated gangways in the development of the pioneering Ulstein SX221 Diamond SOV. The duo said that the agreement…
Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…
Aberdeenshire-based OEG Offshore has invested in SEAJET Systems Limited (SEAJET), the developer of an all-electric controlled flow excavation (E-CFE) solution for the offshore energy sector.According to OEG Offshore, SEAJET has recently patented…
EEW Special Pipe Constructions (EEW SPC) said on Friday that it has set a new record for its heaviest monopile built. The German offshore wind monopile manufacturer broke its own record, which was only set in July 2022, when the company delivered a 1…
Oslo-listed company Multiconsult has won a contract with the Norwegian oil giant Equinor to deliver detailed engineering of the grid connection for the Snøhvit Future project.The Snøhvit field lies in the central part of the Hammerfest basin in the southern part of the Barents Sea…
A renewable energy technology consortium has secured £1.5 million funding to what they say is 'the world’s first offshore charging station within a UK wind farm.'The funding was awarded as part of the UK's Department for Transport and Innovate…
Houston-based firm SCF Partners has acquired Abedeen-based engineering, procurement and construction (EPC) service provider Global E&C, from Global Energy Group for an undisclosed sum.Global E&C employs more than 1,000 people, with more than…
Subscribe
