Offshore drilling contractor Seadrill on Tuesday announced it has completed the sale of its three rig jack-up fleet in Qatar.The previously disclosed sale sees the company divest the West Castor, West Telesto and West Tucana, as well as its…
Guyana's lucrative agreement with an ExxonMobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.The trio's combined net margin was 56%…
Denmark-based renewable energy technology developer Floating Power Plant has acquired wind turbine generator from Siemens Gamesa for its flagship floating wind, wave, and green hydrogen hybrid offshore platform.The selected wind turbine, a 4…
NextFloat+ project, being developed by X1 Wind, Technip Energies and NextFloat Plus, has received a multi-million-dollar grant from the European Commission’s Innovation Fund to accelerate deployment of X1 Wind’s 6 MW pre-commercial floating wind platform…
There is a flurry of development underway to cut seafloor seismic and geotechnical survey technologies free from on-site control.The deeper you go, the quieter the ocean becomes. It’s something that Kyrre Tjøm is exploiting in his back-to-basics approach to ocean bottom nodes (OBNs)…
Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately 49 jackups in June 2022 to 90 in just two years, seemed a daring feat. But fast forward to March 2024…
Despite unprecedented energy challenges, 68% of oil and gas industry leaders have expressed optimism for sector growth in the coming year, according to the most recent survey by DNV.The latest DNV survey, The Paradox of Petroleum - How the oil and gas sector is transforming through uncertainty…
German Federal Maritime and Hydrographic Agency has issued planning approvals for the first phase of RWE’s 1.6GW Nordseecluster, which includes the construction of 660 MW Nordseecluster A offshore wind project.The planning approval from the…
Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an undisclosed energy company for its Skandi Seven field support vessel (FSV).The LOI entails a two-year firm and one-year optional contract. The contract is defined as very large…
Ocean Installer has secured the engineering, procurement, construction and installation (EPCI) contract for subsea umbilicals, risers and flowlines (SURF) scope from Equinor and its partners for the second stage of the Troll Phase 3 gas development offshore Norway…
Malaysia’s Genting has awarded a contract to China’s Wison New Energies to construct a 1.2 mtpa floating liquefied natural gas (FLNG) unit to be deployed offshore Indonesia, under a deal worth over $1 billion.Genting’s engineering, procurement…
Conrad Asia Energy has entered into a binding Gas Sales Agreement (GSA) for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara (PGN), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia…
On June 25, the International Day of the Seafarer, IMO Secretary-General Arsenio Dominguez pays tribute to the two million seafarers who keep global markets functioning and supply chains going.In a video message to seafarers, Dominguez said…
In the maritime and offshore energy and renewables industries, where precision and safety in handling and lifting solutions are paramount, the need for highly reliable and realistic training and testing solutions is critical, says Stig Espeseth…
Palatka, Fla. shipbuilder St. Johns Ship Building delivered Windea Enterprise, the second of three Jones Act-compliant Incat Crowther 30-meter crew transport vessels (CTV) ordered by WINDEA CTV, LLC, a partnership of Hornblower Wind and MidOcean Wind…
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