Italian cable maker Prysmian has completed the acquisition of Encore Wire, strengthening its position in the growing North American market.Prysmian acquired all of the outstanding shares of Encore Wire’s common stock for $290.00 per share, in cash…
Swedish wave energy company CorPower Ocean is nearing completion of planned on-land inspection and upgrades of its first commercial-scale wave energy device, C4, following its first deployment offshore Portugal. The upgrades being implemented…
Offshore engineering and technology services provider Acteon has secured operations and maintenance (O&M) work comprising integrated structural health and motion monitoring, and a structural response digital twin for the Kincardine offshore wind farm…
Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.The contract is valid for one year, with an optional one-year period extension…
Norway-based seismic firms TGS and PGS have officially completed their merger, creating a ‘premier’ energy data company.After clearing all regulatory hurdles for the merger, the most recent of which was the approval from the UK Competition and Markets Authority…
Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Blackford Dolphin semi-submersible drilling rig is on transit to India to start the contract with Oil India, following the termination of contract with General Hydrocarbons Limited (GHL) in Nigeria due to payment issues…
Brazilian oil and gas company Enauta has terminated the contract to acquire the floating production, storage, and offloading (FPSO) unit Cidade de Santos from MODEC, announced in relation with the acquisition of Uruguá and Tambaú fields from Petrobras…
Lebanon's energy ministry has extended a deadline for companies to bid for exploration rights for offshore oil and gas fields in its third licensing round until March next year, the Lebanese Petroleum Administration said on Monday.The government originally set a deadline of July 3…
Italy's Saipem has started work at the Courseulles-sur-Mer offshore wind project in Normandy, the energy group's CEO Alessandro Puliti said on Monday, adding that the wind farm should be completed in 2025.Some big offshore wind projects around…
Hanwha Ocean announced it has hired Bram Van Cann as its new head of engineering for its offshore business.Bram brings to the role extensive expertise in the offshore and renewable energy sectors, with more than two decades of experience at SBM Offshore, ENGIE and Ocean Winds.
Kongsberg Maritime has introduced a new size of underwater mountable azimuth thruster with a 3.7 meter propeller and 4.2-megawatt power output model joining the range. Suited to a range of vessels including drill ships, windfarm vessels and production vessels…
Equinor has declared options to extend the contract with Eidesvik Offshore, a Norwegian offshore vessel owner, for its supply platform supply vessel (PSV) Viking Energy.The contract extension runs from April 2025, extending the firm period to April 2030…
Belgium-based offshore installation contractor Jan De Nul has signed preferred supplier agreement with Copenhagen Infrastructure Partners (CIP) for the installation of subsea high-voltage export cable for Fengmiao I offshore wind farm in Taiwan…
Oilfield services firm Archer has entered into an agreement with Remold Invest to fully acquire the floating offshore wind solutions provider Moreld Ocean Wind (MOW), including a minority stake in U.S.-French technology company Ocergy (OCY)…
TotalEnergies EP South Africa, a subsidiary of French energy giant TotalEnergies, is considering the best way forward regarding its share in the block offshore South Africa, as one joint venture partner withdraws its interest.CNR International (South Africa)…