PJ Valves (PJV) has won contracts to supply valves packages for two Brazil-bound FPSOs, the Marlim 2 and Mero 2.The Marlim 2 FPSO will be delivered to Petrobras by Malaysia's Yinson, under the contract signed in March. The FPSO will have the capacity to process up to 70…
Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their maritime border running through potentially gas-rich Mediterranean waters.The U.S.-mediated talks follow…
The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International.The future of offshore deepwater investment is under the microscope…
Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…
Offshore surveyor Fugro has ordered a Hydramec launch and recovery system for its new uncrewed surface vessels recently ordered from Sea-Kit.Fugro, based in the Netherlands, in August ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs)…
Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who is currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola…
Dutch offshore self-elevating platform and services provider Jack-Up Barge BV believes innovative and cost-efficient solutions are needed now more than ever across the offshore oil and gas and renewables businesses.The current market faces challenges…
Cathelco, part of Evac Group, has won an order to deliver marine growth prevention system (MGPS) for a new multi-purpose oil spill response and towage vessel being built for the Kuwait Oil Co.The system will be installed to prevent bio-fouling…
Siemens expects Siemens Energy to reach a market value of significantly more than 17 billion euros ($19.98 billion) when it floats on the Frankfurt stock exchange next week, a source close to the company said.The consensus forecasts for the value of the business…
Oil and gas company Neptune Energy has informed that subsea construction works have kicked off that will eventually see its Seagull offshore field tied back to BP's ETAP platform in the UK North Sea.Seagull is a high pressure, high temperature…
Vattenfall will focus on offshore wind power developments in Europe as the region seeks to boost green investments, instead of expanding globally, the Swedish utility said on Wednesday.State-controlled Vattenfall said the European Union's plans…
The Norwegian authorities have received applications from 33 oil companies for the offshore acreage to be awarded in the licensing round Awards in Predefined Areas (APA) 2020.Norwegian Minister of Petroleum and Energy, Tina Bru: 'In a challenging year for the petroleum industry…
Dutch offshore installation contractor Van Oord has deployed a large remotely operated trencher called Deep Dig-It off the Dutch coast to bury offshore wind farm cables 5,5 meters deep into the seabed.The trencher has been deployed as part of…
Brazilian oil company Petrobras has started negotiations with the Dutch FPSO supplier SBM Offshore over a potential charter of an FPSO to be installed at the giant Buzios field in the Santos Basin, offshore Brazil.The FPSO, to be named Almirante Tamandaré…
Engineering and construction company Wood has won a $42 million contract in Norway to upgrade the gas processing plant that handles gas from the Troll, Kvitebjørn, Visund, and Fram fields located in the Norwegian sector of the North Sea.The contract was awarded to Wood by Equinor…
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